Politics Reject Jonathan’s $1bn loan request, Falana tells N’Assembly -Punch



A National Conference delegate, Mr. Femi Falana, SAN, has asked the National Assembly to reject the request made by President Goodluck Jonathan, asking for the Assembly’s approval for a $1bn loan to aid the war against the Islamic sects, Boko Haram.

Falana said the President must explain what he had been doing with the budgets made for defence in the past few years.

He said, “The request made by President Jonathan for approval of the Senate for a loan of $1 bn to fight the menace of the Boko Haram sect should be rejected in its entirety. Between 2010 and 2013 over N3tn was budgeted for defence.

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SOURCE: #Punch

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