{"id":22396,"date":"2020-03-10T16:30:46","date_gmt":"2020-03-10T16:30:46","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=22396"},"modified":"2020-03-10T16:30:46","modified_gmt":"2020-03-10T16:30:46","slug":"reps-postpone-consideration-of-22-7billion-loan","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/reps-postpone-consideration-of-22-7billion-loan","title":{"rendered":"Reps postpone consideration of $22.7billion loan"},"content":{"rendered":"

The Speaker of the House of Representatives, Femi Gbajabiamila on Tuesday announced the postponement of the consideration of the report on the $22.7billion loan request by President Muhammadu Buhari.<\/p>\n

The consideration of the request on the floor of the house was scheduled for Tuesday but, Speaker, Gbajabiamila said it had to be postponed as a result of ongoing consultations with the Minister of Finance, Zainab Ahmed.<\/p>\n

He said the report will only be considered after a meeting with the minister on the loan request that is currently generating controversy.<\/p>\n

The speaker made the announcement while speaking on a petition from \u2018Southeast Elite\u2019 presented by Henry Nwajuba.<\/p>\n

While presenting the motion, Nwajuba said the \u2018southeast elite are concerned over the loan. He noted that the group believes that the process of the loan is contradictory to the fiscal responsibility act and the Economic Recovery and Growth Plan of the current administration.<\/p>\n

\u201cMr. Speaker, the \u2018Southeast elite\u2019 to intervene in the borrowing of $22billion, the procedure is against the norms, against the ERGP, the fiscal responsibility act and the debt management policy.\u201d<\/p>\n

\u201cYour petition may take a while, I am in consultation with the minister of finance. I spoke with her this morning. The report was supposed to be on the Order paper, but I withdrew it, until I speak with the Minister.\u201d<\/p>\n

Adding jokingly, \u201cIt seems this $22.7bilion does not concern your people, only the elite. When you bring the petition from ordinary people from your constituency.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The Speaker of the House of Representatives, Femi Gbajabiamila on Tuesday announced the postponement of the consideration of the report on the $22.7billion loan request by President Muhammadu Buhari. The consideration of the request on the floor of the house was scheduled for Tuesday but, Speaker, Gbajabiamila said it had to be postponed as a […]<\/p>\n","protected":false},"author":62,"featured_media":18424,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,30],"tags":[1131,887],"class_list":["post-22396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-house-of-reps","tag-president-of-the-senate"],"yoast_head":"\nReps postpone consideration of $22.7billion loan - Nigeria<\/title>\n<meta name=\"description\" content=\"The Speaker of the House of Representatives, Femi Gbajabiamila on Tuesday announced the postponement of the consideration of the report\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/reps-postpone-consideration-of-22-7billion-loan\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reps postpone consideration of $22.7billion loan\" \/>\n<meta property=\"og:description\" content=\"The Speaker of the House of Representatives, Femi Gbajabiamila on Tuesday announced the postponement of the consideration of the report\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/reps-postpone-consideration-of-22-7billion-loan\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-10T16:30:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2019\/12\/Nigerian-Senate.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"alico\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"alico\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/reps-postpone-consideration-of-22-7billion-loan#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/reps-postpone-consideration-of-22-7billion-loan\"},\"author\":{\"name\":\"alico\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\"},\"headline\":\"Reps postpone consideration of $22.7billion loan\",\"datePublished\":\"2020-03-10T16:30:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/reps-postpone-consideration-of-22-7billion-loan\"},\"wordCount\":252,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/reps-postpone-consideration-of-22-7billion-loan#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2019\/12\/Nigerian-Senate.jpg\",\"keywords\":[\"House of Reps\",\"President of the Senate\"],\"articleSection\":[\"all news\",\"Community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/reps-postpone-consideration-of-22-7billion-loan#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/reps-postpone-consideration-of-22-7billion-loan\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/reps-postpone-consideration-of-22-7billion-loan\",\"name\":\"Reps postpone consideration of $22.7billion loan - 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