Lawan who stated this on Friday while fielding questions from newsmen in Abuja said approving such loans would help fund critical infrastructure across the country.While noting that Nigeria’s borrowing plan “is a necessary burden”, Lawan added that for the country to be adequately developed, the National Assembly was considering two loan requests of the Federal Government.
“The other one is to boost the economy directly; investments into agriculture and other real sectors of the economy including mining,” he said.He noted that the loan requests also included a request for loans guaranteed by the Federal Government for some states. “Yet for us to develop the country we need to build infrastructure. What do we do to raise funds; there are several ways we are going to raise taxes; can we afford that in the current situation to raise taxes for us to fund the building of our infrastructure.“In fact, what we have is not the kind of infrastructure that will boost our economy. So we can’t raise taxes, the option is to borrow and to borrow responsibly,” Lawan stated.
On Twitter ban, Lawan said “the Minister of Information and Culture, Alhaji Lai Mohammed, had informed Nigerians that the government and managers of Twitter were finding ways to resolve the matter.”That is what we heard. And our belief is that Nigeria needs Twitter just as much as Twitter needs Nigeria. Our expectation is that with engagement between the Federal Government and Twitter, we will resolve the dispute between Twitter and our government.
Come is it that these people can't think of one simple way of generating money independently without loan? Everyday loan loan loan! Haba! Una no de shame?
Consider a deal done sealed. Rubber stamp Senators. Shame!
This Lawan of a man wants to make sure he aid Buhari to finish Nigeria
All these imbeciles called NANS🙄
As usual... dummies And they will say they aren't rubber stamp Senate
B4 nko..buhari stamp😁🤗
As usual borrow borrow up and down.yet abuse them.
Puppets......
Okay my Brozay
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The danger of state police in Nigeria | The Guardian Nigeria News - Nigeria and World NewsThere has been a large clamour for states to have their own police forces in response to the apparent unwieldiness of the national force. But we need it now !!!! This always have nothing reasonable to tell 😏😏 These people travel abroad and see the level of security All of them have state police They don’t want state police because they want to be using the federal police to their advantage How can an Hausa man be in charge of Lagos state police when it’s supposed to be a Yoruba man
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Nigeria and Twitter | The Guardian Nigeria News - Nigeria and World NewsWe are in perilous times in our land, given the flurry of events in the past one week. It started with the meeting between the President and the Independent National Electoral Commission...
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Dismembering Nigeria at this time idiotic, Obasanjo insists | The Guardian Nigeria News - Nigeria and World NewsFormer President Olusegun Obasanjo, yesterday, told those agitating for Nigeria’s breakup that it would be “almost idiotic” for the nation to disintegrate at this period that Africa... Sense just dey fall.... Na now ur day break Keeping the creation of Lugard is the most idiotic thing an old man like you could ever propose. Obansanjo what nationality was your father and grand father? you are over 80 and Nigeria is just over 60, what nationality were you before she was created?
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Buhari claims #EndSARS protesters wanted to 'remove' him | The Guardian Nigeria News - Nigeria and World NewsNigeria’s President Muhammadu Buhari Thursday claimed the EndSARS protests against police brutality that took place in the country last October were aimed at ousting him from office. The president made the claim during an interview with Arise TV. Buhari blamed the protests on the dwindling inflow of foreign direct investment to the country. He insisted […] Very true...it was an attempted coup. That’s what happens when you have evil power hungry people around you, they will always distort the truth KeepitOn And if at all that was the aim, so damn what about it? Is he beyond being ousted out of office?
Source: GuardianNigeria - 🏆 1. / 94 Read more »
FG urges unity in fight against Malaria | The Guardian Nigeria News - Nigeria and World NewsStakeholders in the Nigerian health sector have been urged to forge a united action against Malaria with a view to eliminating the disease from the country.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
ASUP suspends 65 days industrial action | The Guardian Nigeria News - Nigeria and World NewsThe Academic Staff Union of Polytechnics (ASUP) has suspended its 65 days industrial strike with effect from Thursday, following an agreement reached between the union and the federal government.
Source: GuardianNigeria - 🏆 1. / 94 Read more »