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Wednesday , 13 December 2017

$30bn loan:Osinbajo, Saraki, Dogara meeting in Aso Rock

Vice President Yemi Osinbajo is currently meeting with the President of the Senate, Bukola Saraki and the Speaker of the House of Representatives, Yakubu Dogara, at the Presidential Villa, Abuja.

The meeting is believed to be one of the efforts aimed at resolving the issues arising from the Senate’s recent rejection of President Muhammadu Buhari’s $30bn foreign loan request and the 2016-2018 Medium Term Expenditure Framework.

Osinbajo heads the present administration’s Economic Management Team.

 The meeting started at about 2pm with the arrival of the heads of the two chambers of the National Assembly in the Vice-President’s office.

President Muhammadu Buhari and the President of the Senate, Bukola Saraki, on Friday last week met behind closed door again in continuation of consultations on the President’s $30bn loan request which was rejected by the Senate recently.

That was the third time the two leaders will be meeting within one week on the issue.

They had earlier met on Friday last week and Wednesday.

 Like the Wednesday meeting, journalists were not allowed to cover the meeting of Friday which was described as private.

The meeting was held inside the President’s office shortly after Saraki joined Buhari for the Jumat prayers inside a mosque located inside the Presidential Villa, Abuja.

The meetings are coming  after the Senate rejected Buhari’s request for approval to take $30bn foreign loan.

The Senate had also dismissed the Medium Term Expenditure Framework submitted to it for approval, describing it as “empty.”

The document was said to have been returned to the Executive.

Saraki had after the last Friday meeting told State House correspondents that the issue of the foreign loan was work in progress.

He had warned Nigerians not to see the issue of the loan as a reflection of the kind of relationship between the Executive and the National Assembly.

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