Senate Approves Payment Of N10bn Loan To Kogi State


BY VICTOR BUORO, ABUJA – The Senate on Wednesday just two days to its governorship election, approved the payment of a N10 billion loan for Kogi State.

President Muhammadu Buhari had in October, 2019, sent a letter to the Senate, requesting the approval of the Upper Chamber of the National Assembly for the payment of N10 billion to settle local debts incurred by the Kogi State government as a result of the projects executed on behalf of the Federal Government.

The Senate approval however met stiff resistance by Senators from opposition party that believe that the N10billion was meant for the governorship election by the ruling All Progressives Congress (APC) in the scheduled Saturday, November 16, poll.

Senators particularly questioned the timing of the approval of the loan but the President of the Senate was bent on ensuring the approval of the presidential request.

Minority Leader of the Senate, Senator Enyinaya Abaribe who spoke on behalf of the opposition lawmakers asked the Senate to delay the approval until next week.

However, President of the Senate, Ahmad Lawan refused as he said that the loan request for Kogi state came in the 8th Assembly and has been delayed enough.

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