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$30b loan: Federal govt will resubmit request – Lai Mohammed

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Lai Mohammed towed the position of Sen. Ita Enang over $30b loan request which was kicked out by the Senate on Tuesday, saying we’ll resubmit request

The Minister for Information, Alhaji Lai Mohammed has towed the earlier position of the Senior Special Assistant to President Buhari on National Assembly Matters, Sen. Ita Enang over $30 billion loan request which was kicked out by the Senate on Tuesday.

While speaking to reporters on Wednesday, Alhaji Lai Mohammed said that the federal government will resubmit to the Senate the request to borrow $30 billion abroad up to 2018.

He said: “It is not unusual for the government and the Senate to have some disagreements, they want more information.”

“We will give them all the information they need … and we are sure that by the time we finish they (lawmakers) will approve the request.”

The leader of the Senate, Ali Ndume had told newsmen after plenary that the request was rejected due to the absence of certain documents that should have accompanied the letter.

Earlier, on Tuesday, the Presidency has said it will not dispute the decision of the Senate to reject the request of President Muhammadu Buhari to borrow 29.9 billion dollars.

Senior Special Assistant to President Buhari on National Assembly Matters, Sen. Ita Enang disclosed this while briefing newsmen in Abuja.

Sen. Ita Enang, therefore, said that the Presidency would not be disputing with the senate but would rather engage with them on the issue that had been raised.

“We are not disputing with the distinguished Senate.

“There are certain information and details which will enable them to consider in detail, and appropriately the request of Mr President.

“So we are collating that information. 

“The Budget Office of the Federation, the Debt Management Office, the Minister of Budget and National Planning, Minister of Finance and the economic team are collating the information so that it can be submitted to the Senate to enable them take the appropriate decision.

“We would be engaging the Senate. We will not be disputing with them but we will be engaging with them.

“When we present a matter before the legislature it is for them to consider and as they have considered, more information is needed and that information they are entitled to it and we would provide,” he said.

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