Ekiti Governor, Ayodele Fayose, on Tuesday, queried the plan by President Muhammadu Buhari to borrow $30bn to finance the 2017 budget. According to The Punch, Fayose, who spoke at the government office in Ado-Ekiti during the distribution of 7,000 eyeglasses to indigent Ekiti people who have bad eyesight, said the plan if followed will enslave the... Read More

$30bn loan, 2017 budget, Ayodele Fayose, enslavement, Eternal debt, President Muhammadu Buhari

December 8, 2016

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Forget about $30bn, recover looted funds – Falana tells FG

Human Rights lawyer, Femi Falana (SAN), has urged the Federal Government to focus its efforts on recovering stolen funds rather than requesting for loans. Falana stated while speaking at an event to mark the International Anti-Corruption Day organised by the U.S. Embassy in Abuja on Thursday. He said, “People have stolen our money, why are you begging them... Read More

$30bn loan, femi falana, looted funds, U.S government

December 3, 2016

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$30bn loan: No financial institution will grant Nigeria such loan – Sanusi

Former Central Bank of Nigeria governor and Emir of Kano, Sanusi Lamido Sanusi on Friday advised President Muhammadu Buhari to abandon his plan to borrow $30bn. Sanusi said this in his paper entitled: “A plan to restore confidence, direction and growth”, during a policy dialogue organised by an economic think tank, Savannah Centre for Diplomacy,... Read More

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$30bn loan, financial institution, President Muhammadu Buhari, Sanus Lamidi Sanusi

November 17, 2016

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Rejection of Buhari’s $30bn loan in the interest of the country – Saraki

Senate President, Bukola Saraki on Thursday said his recent meetings with President Muhammadu Buhari is not connected to the President $29.9bn loan request rejected by the Senate. He said this in a statement by the Special Adviser to the Senate President on Media and Publicity, Yusuph Olaniyonu. He advised Nigerians to quit “peddling empty speculations... Read More

The News Blog

$30bn loan, Bukola Saraki, President Muhammadu Buhari

November 14, 2016

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$30bn loan: Osinbajo in closed-door meeting with Saraki, Dogara

Vice President Professor Yemi Osinbajo is currently holding a closed-door meeting with President of the Senate, Bukola Saraki, and the Speaker of the House of Representatives, Yakubu Dogara, Daily Trust reports. The meeting with the leaders of the National Assembly is believed to be in line with reaching a truce on the $30bn loan request currently before... Read More

The News Blog

$30bn loan, Bukola Saraki, Professor Yemi Osinbajo, Yakubu Dogara