Politics Senate: Jonathan’s $1bn Loan Request Consistent with Our Resolution -This Day

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For opponents of President Goodluck Jonathan’s request for $1 billion loan to equip the military for the battle against insurgency, it was bad news from the Senate yesterday as the parliament said the request was consistent with its earlier resolution asking the president to present a supplementary budget whenever it is required to fight the battle against insurgency.

Making this disclosure to THISDAY during a telephone conversation, its spokesman, Senator Enyinnaya Abaribe, recalled that when the Senate approved the request for emergency rule extension on May 20, this year, it attached eight conditions which included a resolution advising the president to present “a supplementary budget to meet any emerging establishment financial requirements needed to combat insurgency in the affected areas.”

According to him, the Senate had resolved that it would deploy every power within its reach to assist the executive in its relentless effort to combat the menace of Boko Haram terrorist group in the country, explaining that if the request for loan will assist the country to win the battle against terrorism, it is in order.

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SOURCE: #ThisDay

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