WIKE TAKING LOANS FOR FCT WITHOUT NATIONAL ASSEMBLY APPROVAL – KINGIBE ALLEGES. (PHOTO).

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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...
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OKONJO-IWEALA: PRESIDENT BUHARI IN VIDEO CONFERENCE WITH PRESIDENT OF EUROPEAN COUNCIL.{PHOTOS}.#PRESS RELEASE.

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President Muhammadu Buhari Friday held a video conference with Mr Charles Michel, President of the European Council, during which the latter reiterated Europe’s support for Nigeria’s Dr Ngozi Okonjo-Iweala as the next Director-General of the World Trade Organisation (WTO).
The President is leading Nigeria’s charge for Okonjo-Iweala, the country’s former Minister of Finance, to emerge as the first Black and female WTO DG.
President Buhari thanked the European Council for its support for Nigeria’s candidate.
Also discussed during the conference were issues bordering on debt relief for Africa, EU-African relations and recharge of the Lake Chad, which has currently shrunk to less than one-third of its usual size, and throwing about 130 million people who depend on the Lake into dire straits.
Recharge of the Lake Chad is an issue the Nigerian President had vigorously canvassed at diverse global fora in recent time.
President Buhari expressed appreciation to Mr Michel for expected positive developments on the issues.
Femi Adesina
Special Adviser to the President
(Media & Publicity)
October 30, 2020.



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