Categories: Politics & Government

Kaduna Reps Disagree With Senate Over Loan Rejection

Fifteen members of the House of Representatives in Kaduna state have criticized the Senate for refusing to approve the $350 World Bank loan facility being sought by the state government.

Members of the caucus hailing from the PDP and APC said they supported the government’s plan to access the loan because they believe it will boost infrastructural development in the state.

The members described the  Senate’s rejection of the loan as not only political but a reflection of the abuse of power by the three senators from the state who are supposed to put the interest of the people above their personal interests.

But the Chairman of the Senate Committee on Local and Foreign Debt, Senator Shehu Sani, has insisted that no amount of blackmail against him and his colleagues will make them endorse the loan request.

In 2017, the Kaduna State Government had through the Federal Government submitted a request to the Senate for approval for the loan which the state government says would be used to improve healthcare delivery, develop the education sector and build infrastructure in the state.

Related Post

Having gone through all the processes and meeting all the requirements, the World Bank and the House of Representatives approved the loan, but subject to approval by the National Assembly.

Surprisingly, on  Thursday, March 29, the loan request failed to scale through at the Senate as it was rejected after the three Senators from the state kicked against its approval.

According to the state government, all the conditions set out by the World Bank were met which made the bank to approve the loan.

Stakeholders in the state are saying that the larger interest of the Kaduna people is more important than the interest of the three Senators who allegedly worked against the loan request.

According to them, since securing a loan is not a tea party, it is, therefore, paramount that the lawmakers should separate their personal interests and political differences from the larger interests of the people of Kaduna State.




  • umar abdullahi

    Recent Posts

    Heart Attack Causes and its Solution

    What is the Main Cause of a Heart Attack? What is its Solution? A heart attack is the blockage of… Read More

    1 year ago

    Understanding the Debt Ceiling: Its Impact, Importance, and Implications

    In the vast economic arena, one term that often takes center stage, inciting extensive debates and discussions, is the "debt… Read More

    1 year ago

    De-Dollarization: The New World Order of Currency and Its Global Impact

    De-Dollarization: The Changing Face of Global Finance The financial landscape is in a state of flux, with an intriguing economic… Read More

    2 years ago

    Unstoppable Bayern Munich: The Story Behind Their 11th Consecutive Bundesliga Title

    The curtains closed on a dramatic Bundesliga season with Bayern Munich standing tall once again, clinching their 11th straight title.… Read More

    2 years ago

    Celine Dion Cancels Concert Tour Due to Deteriorating Stiff-Person Syndrome

    The Unfolding Story of Celine Dion's Health In recent news that has left fans across the globe stunned, iconic singer… Read More

    2 years ago

    Navigating the Crossroads: LeBron James, Anthony Davis, and the LA Lakers’ Uncertain Future

    As the echoes of the recent NBA season start to fade, the attention of enthusiasts is firmly glued to one… Read More

    2 years ago