Foreign Debt: Reps Suspend Buhari’s $22.79bn Consideration Indefinitely - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
March 12, 2020
The House of Representatives has suspended the consideration of the 22.79 billion dollars  foreign loan request by the President Muhammadu Buhari.
The House had listed the report byits Committee on Aids, Loans and Debt Management on the 2016–2018 FederalGovernment External Borrowing Rolling Plan as the last item for consideration onthe order paper for Wednesday’s proceeding.
The Speaker, Femi Gbajabiamila,however, asked that the consideration be suspended indefinitely. He had onTuesday announced that the loan would be considered on Wednesday.
He had made this known in reactionto a member of the House, Henry Nwawuba, who presented a petition by a group ofSouth-East elite, against the consideration and approval of the external loan.
The Senate last week approved theforeign loan but not without protests from the opposition Senators led by theMinority Leader, Enyinnaya Abaribe.