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Reactions As National Assembly Says They Have Approved Buhari's $800M Loan Request

According to Channels Television, Abubakar Yunusa Ahmad, a member of the House of Representatives Committee on Loans, Aids, and Debt Management, claims that federal lawmakers have approved President Muhammadu Buhari's $800 million loan request.

The lawmaker, however, contended that the loan would not be used by the Buhari administration, claiming that the next administration would have its own strategy for using the loan.

Mr. Ahmad said, "The $800 million—there were so many discussions, especially in the loan committee, and we advised them: First, leave this to the incoming government.

"However, now that the loan has been granted, we can collect. If we are unable to use it, perhaps the future government will take a different approach to issues, unlike the current government.

"Thank God, I won't say it loudly, but it was on social media that they probably planned not to use any of Buhari's ministers because they had already judged them to have underperformed.

"So, the issue is that we have granted that loan, it has been approved, and we want Nigerians to take it, but it will not be used by this outgoing government." Now, if the next government arrives, we will see their own template."

Credit: Twitter

As expected, this development elicited reactions on Twitter as it was shared by Channels Television on their official handle.

Akano Ayomide said, "This shouldn’t be accepted. His government has not less than 10 days to go, and this rubber stamp National Assembly keep approving loan requests for the president towards the end of his administration."

Sebastian Enoidem said, "The National Assembly is still the problem of Nigeria irrespective of who is leading it; if not, why would people in their right frame of mind approve a loan for someone who is leaving the seat of government next week or thereabout?"

Screenshots of people's reactions:

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