Southeast Governors Reacts to Exclusion From FG’s $22.7bn Loan

Southeast Governors Reacts to Exclusion From FG’s $22.7bn Loan

The Southeast Governors’ Forum responded to the proposed N22.7 billion federal government loan, which has sparked some controversy since it was discussed last week.

The loan was condemned by the Easterners, as no notable project was cited in the region.

In a statement signed by the region’s five governors, the Forum noted that the loan was not approved by the National Assembly.

They said: ‘The Southeast Governors’ Forum met on Saturday, March 7, 2020, after many calls and condemnations from our people, questioning why the Southeast should be excluded from the proposed federal twenty-two billion, seven hundred thousand US Dollars loan (US $ 22.7 billion), while the other 5 zones of the country have a visible budget”.

“Our people noticedthat the Senate had already approved the loan, despite objections raised by senators from the Southeast.”

The Governors noted that the Chamber of Deputies did not consider the loan.

They said that they have contacted Mr. President, the President of the Senate and Mr. Speaker and have obtained reliable answers that they will address the issues in the context of the loan.

“For this reason, we ask our people to be calm and involve us constructively, as we believe that the President never said no to any of the requests of the Governors of the Southeast.”

“Southeast governors believe that we can implement dialogue, negotiation and good understanding to correct any perceived injustice, instead of involving the federal government in a battle in which nobody expects to win the boss.”

“We have written a letter to Mr. President and the leadership of the National Assembly on this issue and we also believe that the inclusion of the southeastern railroad corridors, the development of our coal plant in Enugu and the development of limestone deposits in the southeast owe the list to the loan “

“However, we must continue to thank our dear President for his unstoppable attention in the construction of the 2nd Niger Bridge, expansion and renovation of Akanu Ibiam International Airport, Reconstruction of the two-lane expressway in Portharcourt / Enugu and other projects in the southeast by Federal government ‘.

‘We promise our loyalty and support to Mr. President in the face of this challenging moment in our national history, as we maintain faith in Almighty God,” he said.

Leave a Reply