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Senate summons seven MDAs over Buhari’s N5.01trn loans

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The Senate on Wednesday summoned the accounting officers of seven federal ministries, departments and agencies over their failure to defend their input in the N5.01trn loans proposed to fund the 2022 budget deficits.

President of Senate, Ahmad Lawan, decried the non appearance of the affected MDAs before the Senate Committee on Loan and Foreign Debts.

Lawan, while issuing the summons at the close of plenary on Wednesday, said if the MDAs fail to appear, the Senate would take appropriate and prompt actions against them.

He said the Senate would not condone any act of sabotage to the efforts of the Federal Government to secure the loans to fund infrastructure development that Nigeria desperately needs.

He said that the National Assembly had approved the loan request, noting that there was the need for justification of the inputs of the MDAs in the request.

He said that the MDAs had been given one week to appear before the committee on loan and foreign debt.

He listed the ministries to include: Ministries of Power, Health, Environment, Women Affairs, Petroleum Resources, Water Resources and the National Agency For Science and Engineering Infrastructure.

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