Sen Saraki
Sen Saraki

SENATE President Bukola Saraki has declared that rejection of President Muhammadu Buhari’s $29.9billion external borrowing plan by the upper legislative chamber stands. President Buhari had last month forwarded a written request to the Senate for approval of his 2016-2018 external borrowing plan totalling $29.9billion for infrastructural development across the country. The Senate however threw away the request on November 1 when put on the floor by its president for consideration. There has been fear by a section of Nigerians over the frequency of Saraki’s visit to the Presidential Villa in recent time, but the Senate President said in a statement issued yesterday that the issue of the rejected loan had never been part of his discussions with either President Buhari or Vice President Yemi Osinbajo. The statement signed by his special adviser on Media and Publicity Yusuf Olaniyan therefore warned politicians and other public commentators to stop making such speculation. The statement reads in part: “Like I once told the media, these politically-motivated commentaries are trivialising a serious national issue and presenting it as if it is a personal matter that can be decided at meetings between Saraki and President Muhammadu Buhari. “The National Assembly which I head as Senate President has taken a position on the issue as required of it by the laws of the land and legislative conventions. “At every point, the present National Assembly will make decisions based on national interest and we have vowed that we will always act in the interest of our people. That is why despite the fact that members belong to different parties, when national issues come to the floor we forget about party affiliations and act as Nigerians elected to protect the interest of Nigeria. “A visit to the Presidency by the Senate President is a normal thing because we need to consult, discuss, exchange ideas and make suggestions to each other from time to time. More importantly, at this time, when the nation is facing economic crisis, there is need for frequent engagements by the Presidency and the National Assembly. “It is in fact very unfortunate that these empty speculations by the media are now forming the basis for commentaries by some politicians who are in a position to be better informed. Politicians should stop playing to the gallery or drawing political capital from all issues. “When serious national issues are on ground, we should refrain from making statements based on mere sentiments. Similarly, the media should exercise restraint in their reportage and
commentaries in order to properly serve our people.” It will be recalled that Governor Ayodele Fayose of Ekiti State few days back had, while commenting on the speculation urged Saraki not to support the plan by the federal government to obtain a $29.96billion foreign loan. Fayose said: “When the Senate unanimously threw out President Muhammadu Buhari’s request for the loan, many Nigerians heaved a sigh of relief and hailed the legislators. “However, unfolding events in the last few days suggest a dangerous alliance between the presidency and the Senate president to ensure the approval of the loan at all cost.


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  • vic

    YES, JUST AS BUHARI WAS DEAD ON ARRIVAL.

  • oc confirm

    all hail buhari