Government & Politics

South-East APC begs Senate to approve Buhari’s $29.9bn loan request

The South-East Chapter of the All Progressives Congress has appealed to the Senate to reverse its decision to reject President Muhammadu Buhari’s request to borrow N29.9bn.

The Senate voted against the request on Tuesday.

However, the South-East APC is begging the lawmakers to reverse the decision.

In a statement signed by its publicity secretary, Mr. Hyancinth Ngwu, and made available to journalists in Enugu, the APC in the South-East equally condemned the rejection of the proposed loan.

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“The All Progressives Congress in the South-East geopolitical zone has appealed to the members of the Senate of the Federal Republic of Nigeria to rescind their rejection of the $29.680bn loan planned for the three fiscal years of 2016-2018.

“The rejection of the request by the Senate is ill-advised and an ill wind that blows no one any good,” the statement said.

The party noted that the loan was in order.

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