WIKE TAKING LOANS FOR FCT WITHOUT NATIONAL ASSEMBLY APPROVAL – KINGIBE ALLEGES. (PHOTO).
Wike taking loans for FCT without National Assembly approval – Kingibe alleges The senator representing the Federal Capital Territory, FCT, Ireti Kingibe, has alleged that the FCT Minister, Nyesom Wike, has been taking loans for the nation’s capital without the approval of the National Assembly. Kingibe made the allegation on Tuesday during an interview. She was discussing the FCT administration, the Abuja master plan and the oversight responsibilities of the National Assembly. According to her, records from the Debt Management Office, DMO, indicated that loans had been taken for the FCT between August 2023 and March 2026, despite Wike not appearing before the Senate to seek approval for such borrowing. “I am definitely saying Wike has been taking loans without the approval of the National Assembly. “I’m sorry to say, with all due respect to the Senate, of which I’m a member, we’re supposed to oversee him. “We’re supposed to approve, and I have brought to the attention of the leadershi...
Garba Shehu who is the Presidential spokesman says efforts to get the nation out of its present economic challenges are beginning to yield positive results,especially in agriculture.According to the presidential aide,an increase in the volume of rice production and processing across the country iss already saving the country a lot off foreign exchange.She,who is the Senior Special Assistant on Media and Publicity to the President,said that Nigeria only imported 58,000 tons of rice from Thailand in 2015 as against 1.2million tons in 2014.He revealed that due to the country's growing rice production occasioned by the Central Bank of Nigeria's decision to deny foreign exchange for the importation of rice ''parboiled rice mills'' in some Asian countries were shutting down production.According to him,this is because Nigeria,which is one of the world's largest importers of rice no longer,buys rice from them.''Five of such mills in Thailand servicing Nigeria have stopped production due to the withdrawal off our patronage.This country has about 32 fertilizer blending plants that have remained idle for many years,but that about half of that number is now in production with many of them running three shifts a day''.
Comments
Post a Comment