TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

$22.7bn loan approval suspended over South-East protest –Gbajabiamila

Malachy Agbo by Malachy Agbo
March 19 2020
in Headlines, Latest News
A A
0
Gbajabiamila: Crisis brews as Reps allege vote-buying in Speaker vote, threaten court action

The Speaker, Femi Gbajabiamila, has said the protest by National Assembly members from the South-East geopolitical zone led to the suspension of work on the $22.79bn external borrowing request by President Muhammadu Buhari.

Gbajabiamila said the House of Representatives was already in talks with the Federal Government on how the zone would be accommodated in the execution of projects with the loan.

The Speaker said this in Abuja, on Wednesday, when he hosted Leaders of the South-South and South-East Faith Forum.

The House had, on March 11, suspended consideration of the $22.79bn loan request indefinitely.

It had scheduled consideration of the report by the Committee on Aids, Loans and Debt Management, on the 2016-2018 Federal Government External Borrowing (Rolling) Plan, but Gbajabiamila asked that the consideration be stood down without giving a new date.

On March 13, members of the South-East caucus in the National Assembly, led by the Senate Minority Leader, Enyinnaya Abaribe, met separately with President of the Senate, Ahmad Lawan; and the Speaker behind closed doors.

Responding to the call by the Leaders of Faith Forum that the Federal Government should jettison the idea of taking the loan at this critical time, the Speaker said the issue was debatable, adding that government should be given the benefit of the doubt.

Gbajabiamila disclosed that the confirmation process was discontinued due to protests that the South-East would not benefit from the loan.

The Speaker said he spoke with Minister of Finance, Budget and National Planning, Zainab Ahmed; and the Director General of the Budget Office of the Federation, Ben Akabueze, to find a solution to the impasse.

He said, “There has been a lot of agitation about South-East not benefiting from the loan. It is one of the reasons we haven’t considered the loan in the House. I’ve discussed with the finance minister and the DG Budget. It is a matter that we are looking into seriously.

“I’m hoping that there will be some kind of amicable resolution, so that everybody will be carried along. Equity suggests that all zones must be carried along.

“With the quality of members that you have and the generality of the House, we’ll work towards a fair resolution of the issue so that it leads to something that will bring us together and unite us as a country.”

Gbajabiamila also said the House was already addressing the issues of open grazing and insecurity, among others, as raised by the clerics, challenging them to come up with alternatives and possible solutions to any issue that they were uncomfortable with.

The Speaker also urged religious leaders to always pray for Nigerian leaders because they need prayers all the time in order to succeed.

He appealed to the clerics to avail Nigerian leaders with their wisdom and knowledge, especially in the areas of politics and governance.

Earlier, leader of the delegation, Bishop Sunday Onuoha, said the visit was to discuss issues of concerns with the Speaker, saying, while they applauded the Federal Government’s food security agenda, farmlands across the country were still unsafe.

The leaders urged the government to urgently address the situation and avert impending hunger in most communities that depend on staple food like cassava and rice.

The religious leaders said the issue of open grazing must stop, adding that it generated insecurity and people were no longer safe in their farmlands.

Previous Post

JAMB releases another 450,000 UTME results

Next Post

Anambra orders closure of schools over Coronavirus

Related Posts

Accreditation begins at ADC national convention venue
Headlines

Accreditation begins at ADC national convention venue

April 14 2026
Again, terrorists kill Nigerian Army Colonel, six soldiers in ambush
Headlines

Again, terrorists kill Nigerian Army Colonel, six soldiers in ambush

April 14 2026
Borno-Yobe Border Market: Army justifies air strike amid civilian deaths
Headlines

Borno-Yobe Border Market: Army justifies air strike amid civilian deaths

April 13 2026
NAF probes Borno-Yobe border market accidental bombing
Headlines

NAF probes Borno-Yobe border market accidental bombing

April 13 2026
Trump lambasts Pope Leo XIV, extends feud over Iran war with American pontiff
Global News

Trump lambasts Pope Leo XIV, extends feud over Iran war with American pontiff

April 13 2026
US begins naval blockade of Strait of Hormuz
Global News

US begins naval blockade of Strait of Hormuz

April 12 2026
Next Post
Why men die earlier than women – WHO

Anambra orders closure of schools over Coronavirus

Pastor Adeboye leads protest against growing insecurity in Nigeria

Coronavirus: RCCG modifies services after Lagos, Ogun banned gatherings

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Police launch manhunt for killers of Imo traditional ruler

Police launch manhunt for killers of Imo traditional ruler

by The Editor
April 11 2026
0

...

Lassa fever deaths rise in Nigeria

Lassa fever deaths rise in Nigeria

by The Editor
April 9 2026
0

...

Oyo govt installs Sen Alli, two Ibadan High Chiefs as monarchs in absentia

Oyo govt installs Sen Alli, two Ibadan High Chiefs as monarchs in absentia

by The Editor
April 3 2026
0

...

Abia traditional rulers endorse Gov. Otti for second term

Abia traditional rulers endorse Gov. Otti for second term

by The Editor
March 25 2026
0

...

APPOINTMENTS

416 nurses, midwives get automatic appointments in Yobe

416 nurses, midwives get automatic appointments in Yobe

by The Editor
April 8 2026
0

...

Tinubu renews Bugaje’s appointment as NBTE boss

Tinubu renews Bugaje’s appointment as NBTE boss

by The Editor
April 2 2026
0

...

Kwara governor congratulates new CAF General Secretary

Kwara governor congratulates new CAF General Secretary

by The Editor
April 1 2026
0

...

Senate confirms Magnus Abe as NUPRC board chairman

Senate confirms Magnus Abe as NUPRC board chairman

by The Editor
March 31 2026
0

...

ODDITIES

Bwala, Hasan and the art of the political interview

I had throat surgery after Al Jazeera interview – Daniel Bwala

by The Editor
April 11 2026
0

Robbers cut off teacher’s hand in Kano

Robbers cut off teacher’s hand in Kano

by The Editor
April 9 2026
0

Cross River actor dies after cannon malfunction at rehearsal

Cross River actor dies after cannon malfunction at rehearsal

by The Editor
April 9 2026
0

GLOBAL NEWS

Italy suspends defence agreement with Israel as Lebanon attacks stoke tensions

Italy suspends defence agreement with Israel as Lebanon attacks stoke tensions

by The Editor
April 14 2026
0

...

Ghanaians pray daily for Nigeria’s success, says Pres. Mahama

Ghanaians pray daily for Nigeria’s success, says Pres. Mahama

by The Editor
April 14 2026
0

...

Benin Republic elects 49-year-old Wadagni as new president

Benin Republic elects 49-year-old Wadagni as new president

by The Editor
April 14 2026
0

...

Spain moves to grant legal status to 500,000 migrants

Spain moves to grant legal status to 500,000 migrants

by The Editor
April 14 2026
0

...

Iran estimates initial war damages as $270bn

Iran estimates initial war damages as $270bn

by The Editor
April 14 2026
0

...

State of the States

Delta govt urges youths to join Army

Delta govt urges youths to join Army

by The Editor
April 11 2026
0

...

21,452 applicants jostle for 1,000 rural teaching Jobs in Nasarawa

21,452 applicants jostle for 1,000 rural teaching Jobs in Nasarawa

by The Editor
April 10 2026
0

...

Police begin statewide offensive after deadly Kebbi attacks

Police begin statewide offensive after deadly Kebbi attacks

by The Editor
April 10 2026
0

...

Edo deputy governor’s mother dies at 95

Edo deputy governor’s mother dies at 95

by The Editor
April 8 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Italy suspends defence agreement with Israel as Lebanon attacks stoke tensions

Italy suspends defence agreement with Israel as Lebanon attacks stoke tensions

April 14 2026
Bandits demand ₦30m for kidnapped UNIJOS student

Bandits demand ₦30m for kidnapped UNIJOS student

April 14 2026
Ghanaians pray daily for Nigeria’s success, says Pres. Mahama

Ghanaians pray daily for Nigeria’s success, says Pres. Mahama

April 14 2026
Benin Republic elects 49-year-old Wadagni as new president

Benin Republic elects 49-year-old Wadagni as new president

April 14 2026

EDITORIAL REVIEW

Oil prices jump back toward $100 on Mideast ceasefire doubts

As Nigeria moves away from oil dependency – Punch

by The Editor
April 13 2026
0

Easter gets bloodier – Punch

Easter gets bloodier – Punch

by The Editor
April 12 2026
0

Security chiefs’ discordant tunes – Punch

Security chiefs’ discordant tunes – Punch

by The Editor
April 10 2026
0

NASS: Withdraw MDPA amendment bill – Punch

NASS: Withdraw MDPA amendment bill – Punch

by The Editor
April 9 2026
0

Anti-immigrant protests in South Africa – Punch

Anti-immigrant protests in South Africa – Punch

by The Editor
April 8 2026
0

Opinion

Even INEC admonishes the media?

Even INEC admonishes the media?

by The Editor
April 12 2026
0

...

Enugu: Gov Mbah presents N521.5bn budget for 2024

Mbah: From contested mandate to constructive governance in Enugu

by The Editor
April 9 2026
0

...

Tinubu finds his own demons

How will Tinubu campaign in Plateau State?

by The Editor
April 9 2026
0

...

Bwala, Hasan and the art of the political interview

Bwala, Hasan and the art of the political interview

by The Editor
April 6 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.