We won’t allow Buhari’s govt spend $800m loan — Rep
A member of the House of Representatives Committee on Loans, Aid and Debt Management, Dr Abubakar Yunusa Ahmad has said in spite of the approval given to the President Muhammadu Buhari administration to take an $800 million loan, the lawmakers would not allow the outgoing government to spend the money. He said the House had given the caveat to the president in approving the loan. Speaking on a breakfast television show in Channels Television monitored in Abuja, Ahmad said the lawmakers have a means of ensuring that the Buhari administration adhere to the conditions it attached to the loan approval. He said; “On the $800 million, we engaged in consultations and we advised them (FG) to leave this thing to the incoming government but since the loan has been granted, we can collect but we cannot use it, maybe when the next government comes in, they might have different approach to issues. “We have read in the social media that they intend not to retain any of Buhari’s ministers because the...