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$30bn Loan: Buhari, Saraki Meet Third Time In Aso Rock

President Muhammadu Buhari on Friday met for the third time within one week with the Senate President, Bukola Saraki, at the Presidential Villa, Abuja. They met first last week Friday while the second meeting was on Wednesday after the President met with members of the South East Caucus in the Senate led by the Deputy Senate President, Ike Ekweremadu, and Eyinnaya Abaribe.

The third meeting on Friday was held after the Jumaat prayer in the President’s office. Just like Wednesday’s meeting, this Friday’s meeting was termed private as State House correspondents were not allowed to cover the meeting. The Senate had recently rejected Buhari’s approval request for $29.9 billion loan. It also described the 2017 to 2019 Medium Term Expenditure Framework (MTEF) forwarded by President Buhari for approval as “empty.” The MTEF is yet to be approved by the Senate. The Senate President, at the end of last week Friday’s meeting, had told State House correspondents that the issue of the $29.9 billion loan was work in progress.

Bukola during the encounter also warned Nigerians not to politicise the issue of the loan request.

About Editor

Otunba Sayo Akintola is a 1992 graduate of Linguistics from the University of Ibadan, Oyo State. He holds a post-graduate diploma in Financial Management and MBA from Abubakar Tafawa Balewa University, Bauchi. He started his 12-year sojourn in journalism at the Nigerian Tribune in 1993 as Business and Economy reporter. He rose through the ranks to become the Group Business Editor of the nation’s oldest surviving private national newspaper, the Nigerian Tribune. He set up World Street Journal magazine in 2018.

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