The
Presidency has said it will not dispute the decision of the Senate to reject
the request of President Muhammadu Buhari to borrow 29.9 billion dollars.
(NAN)
The Presidency has said it will not dispute the decision of the Senate to
reject the request of President Muhammadu Buhari to borrow 29.9 billion
dollars.
Senior
Special Assistant to President Buhari on National Assembly Matters, Sen. Ita
Enang, disclosed this while briefing newsmen in Abuja on Tuesday.
The
News Agency of Nigeria (NAN) recalls that the Senate, on Tuesday rejected the
request of Buhari to borrow 29.9 billion dollars as part of its external
borrowing plan for 2016 to 2018.
The
leader of the Senate, Ali Ndume told newsmen after plenary that the request was
rejected due to the absence of certain documents that should have accompanied
the letter.
Sen. Ita Enang, therefore, said that the Presidency would not be disputing with the senate but would rather engage with them on the issue that had been raised.
Sen. Ita Enang, therefore, said that the Presidency would not be disputing with the senate but would rather engage with them on the issue that had been raised.
“We
are not disputing with the distinguished Senate.
“There
are certain information and details which will enable them to consider in
detail, and appropriately the request of Mr President.
“So
we are collating that information. The Budget Office of the Federation, the
Debt Management Office, the Minister of Budget and National Planning, Minister
of Finance and the economic team are collating the information so that it can
be submitted to the Senate to enable them take the appropriate decision.
“We
would be engaging the Senate. We will not be disputing with them but we will be
engaging with them.
“When
we present a matter before the legislature it is for them to consider and as
they have considered, more information is needed and that information they are
entitled to it and we would provide,” he said.
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