The Chairman, Senate Committee on Army, Senator Mohammed Ndume has indicted the federal lawmakers over approving loan requests from President Muhammadu Buhari saying the Lawmakers are not critical about the details of the loans.
Ndume who made this known in interactive session with newsmen added that the way the lawmakers approved the loans make Nigerians look at the National Assembly with suspicion.
Nudme is making the statement less than 48 hours when President Buhari submitted loan request of the $4 billion , £700 million to the National Assembly for consideration.
The former Senate leader who explained that some of the loans approved by the National Assembly are yet to be collected wondered why the rush in approving loan request from Mr. President.
According to him, it is not a crime to borrow but you have to look at the terms. Is the borrowing necessary? Yes, because we have infrastructural deficit in this country.
” But what I am worried about is the way the Senate is handling it. It is supposed to be a house of deliberations. You have to look at it critically, not that we just sit down and approve.
“The way we do it make Nigerians look at us with suspicion m that’s why they call us rubber stamp. It is because we don’t carry Nigerians along. There are things we can do in a hurry.
“But for loans, we should take our time m there is a fund we rush to approve and up till now, we haven’t got it. So, why do we rush.”