The request sent to the Senate by President Muhammadu Buhari for approval of a $75 million loan request by Edo State may be running into turbulent waters, as protesters, on Wednesday, stormed the National Assembly, urging legislators not to approve the request by the Edo State government.

President Muhammadu Buhari had on Tuesday, August 4, 2015 written to the National Assembly seeking the approval of the loan being the second tranche of the $ 225 million World Bank granted the Edo State government under the 2012-2014 external borrowings.

The protesters displayed placards at the main entrance of the National Assembly, with some of the placards reading: “Don’t approve the loan”, ” We don’t want loan” and ” We want action”.

In the same vein, the Senate, on Wednesday, referred the request to its Standing Committee on Local and Foreign Debts.


Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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