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$4.054bn and €710m ($$839m) Loans: Buhari is in Order, Says NASS

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The Senate on Wednesday justified the President, Major General Muhammadu Buhari  (retd.)’s  plan to obtain $4.054bn and €710m ($$839m)  loans.

The Chairman of the Senate Committee on Media and Public Affairs, Senator Ajibola Basiru, who stated this in an interview with one of our correspondents in Abuja, said there was no country that does not engage in deficit financing.

Basiru said this as the Director General of the Debt Management Office, Patience Oniha, while giving a  breakdown of the public debt stock for the second quarter of 2021 during a virtual media presentation on Wednesday, said Nigeria’s total public debt stock rose from N33.11tn as of March 31, 2021 to N35.47tn as of June 30, 2021.

This suggests an increase of N2.36tn or 7.12776 per cent increase.

The President had on Tuesday submitted to the National Assembly, a request for approval to obtain fresh external loans of $4.054bn and €710m (($$839m).

According to a letter written to both chambers of the National Assembly, Buhari is also seeking the federal legislature’s approval for grant components of $125m in the 2018-2020 external rolling borrowing plan.

The President had on May 18, 2021sought the approval of the Senate to borrow $6.18bn external loan to finance this year’s N5.6tn budget deficit.

He said the loans would be used to finance critical projects and create jobs.

If the President gets the go-ahead to obtain the loans, the country’s debt profile will rise.

He allayed the fears of Nigerians over the borrowing plans of the President, assuring them that there was no cause for concern.

He explained that the latest loan request by the President was an addendum to the earlier one approved by the federal parliament and that it was still within the framework of the external borrowing plan of the government

Basiru said the President accompanied the loan request with supporting documents which contained details of what the money would be used for.

He said, “What Nigerians should be looking at is the benefit and the advantage the society would have when the loans are taken and effectively utilised.

“There is no country that does not engage in deficit financing. We are still within the approved limit guaranteed by law.

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Saraki Tells Akpabio to Submit Self for Investigation over Alleged Sexual Harassment

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Former Senate President, Bukola Saraki, has said that the senate is an institution that needs to be protected, not an individual.

This was revealed on his X handle on Saturday in the aftermath of the ongoing backlash of the allegation of sexual harassment made by Senator Natasha Akpoti-Uduaghan on Arise TV in an interview against Senate President, Godswill Apkabio.

Akpabio’s wife filed a lawsuit against Senator Natasha at the Federal Capital Territory High Court, Abuja over alleged defamation and violation of her husband’s fundamental human rights.

Saraki expressed sadness over the development as he stated that the incident is already hurting the integrity, sanctity, image and public perception of the Senate as an institution.

“I believe that every person who has had anything to do with the National Assembly, particularly as a leader, member and worker should always jealously protect these values which make the institution, the numero uno among the three arms of government,” he said.

Saraki urged the two parties to sheath their swords and warned that supporters of both parties should be mindful of the impacts of their actions.

He advised that the instruments of law and parliamentary conventions should be adhered to in resolving the issue on the ground. He also called for an investigation of the matter by the Senate Committee on Ethics.

“At this point, with the public claims made by the Senator, the right measure to take is to institute an open, transparent and honest investigation by the Committee on Ethics, Privileges and Public Petitions,” he said.

“Both parties must submit to the investigation, fully cooperate with the committee, and stake their claims before it. This is not the first time a Senate President would appear before the Committee to aid it in the conduct of a transparent and open investigation.

“For me, the institution of the Senate is so important, sacred, and pre-eminent. All lovers of democracy should always work to strengthen it. No leader or member should be allowed to openly or surreptitiously work to subvert its sanctity.”

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Atiku Calls for Probe into Sexual Harassment Allegation Against Akpabio

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Former Vice President Atiku Abubakar has called for a thorough and impartial investigation into the explosive allegations of sexual harassment, intimidation, and mistreatment levelled against Senate President Godswill Akpabio, by Senator Natasha Akpoti-Uduaghan.

In a statement shared on his official Twitter handle on Friday, Atiku stressed that the gravity of these claims demands immediate and transparent action.

“Like millions of Nigerians, I watched with deep concern this morning as Senator Natasha Akpoti-Uduaghan raised serious allegations of sexual harassment, intimidation, and mistreatment against the Senate President, Godswill Akpabio,” Atiku said.

He talked about the need for a credible investigation to protect the integrity of the Nigerian Senate and uphold the values of justice and accountability.

“These allegations are grave and deserve a thorough, impartial, and transparent investigation,” he stated.

Atiku reminded Nigerians that the Senate, as the legislative arm of government, represents the people’s voice.

“For that reason, its leaders must embody integrity and respect for the offices they hold.

“As the third most powerful figure in the country, the Senate President should embody unimpeachable character,” he added.

Beyond the political implications, Atiku highlighted the far-reaching impact of sexual harassment on women’s participation in governance and national development.

“Sexual harassment in the workplace is a significant barrier to women’s advancement and, by extension, the nation’s progress. Allegations of such misconduct should never be simply dismissed, particularly when they involve a public officer with immense power, influence, and responsibility,” he said.

Atiku warned that how this case is handled will send a strong message about Nigeria’s commitment to justice, fairness, and gender equality.

The former VP also pointed out the urgent need to create a safe and supportive environment for female legislators, especially given their underrepresentation in the Senate.

“With only four women currently serving in the Senate, it is imperative that we foster an environment where female legislators can serve without fear of harassment or intimidation,” he said.

The allegations by Akpoti-Uduaghan have sparked widespread reactions across the country, with civil society organizations and gender rights advocates demanding swift and decisive action.

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Abiola Cannot Be Recognised As Former President; He Was Never Sworn-in – Gen Ishola Williams

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By Eric Elezuo

One of the prime actors of the June 12, 1993 incidents, General Ishola Williams, has said that much as Chief MKO Abiola wrong was created having won the election, and denied victory, he cannot be recognized as a former President of Nigeria.

Gen Williams made his revelation while speaking as a guest on Channels television socio-political programme, Inside Source.

He maintained that only those who were sworn in that recognised as former presidents,  and Abiola was never sworn in.

“Abiola cannot be recognised as former president because he was never sworn in.

The General, who said that he resigned from the army as a result of the wholesome reception given to General Sani Abacha, when he overthrew Chief Ernest Shonekan-led Interim National Government, contrary to expectation, also picked flaws in the narratives given by former Military President Ibrahim Babangida, in his recently launched book, A Journey In Service.

Williams rose in the army to become the Commandant of Army Signals, Commander of Training and Doctrine (TRADOC) and Chief of Defence Training and Planning, from where he resigned.

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