$30bn loan: President Buhari to go ahead despite Senate rejection – Senator Ita Enang | Nigeria News Today. Your online Nigerian Newspaper

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The Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang has explained that the federal government will go ahead with the $29.9billion borrowing plans despite Senate’s rejection.


Giving clarification on Senate’s stance, Ita Enang explained that the Senate needed some information that were strategic to the borrowing plans which the budget office was already working on it.

“What is happening is that there are strategic information that should be made available to them before considering it and the DG, Budget was already working on it”, he noted.

Enang was optimistic that the Senate would approve the loans as soon as all necessary information were made available.

He added that the Senate understands that economic recession confronting the nation deserves sincere approach, while insisting that the proposed external borrowing of the President would properly fund the budget in the interest of National development.

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  1. This demon call buhari!

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  2. They shld go ahead n borrow money so that they ll b using it to rig elections instead of infrastructure development. Shame on APC, shame on Buhari, shame on Naija politicians

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  3. So Nigeria has now deteriorated to this level. It's most unfortunate.

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  4. Government needs money for pocket infrastructure

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