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This news comes roughly 24 hours after the Ministry of Health appeared before the panel to request approval for a $200 million loan procurement of mosquito nets and malaria drugs, according to Validnewstoday.
The Senate Committee on Local and Foreign Debt has refused to approve their President Muhammadu Buhari’s loan request for the Ministry of Water Resources’ (SURWASH), stating that,
you need to tell us what you are doing with $700 million for water projects.
The MPs, who took turns criticizing the request, urged the ministry to provide the panel with the loans that had been collected so far, as well as the projects to which they were linked. Senator Clifford Ordia, the chairman of the Senate committee, recalled that three different loans had been approved for various water projects:
- $450 million for the ministry for water project, which is being financed by the African Development Bank (AfDB).
- $6 million loan under the integrated programme for development, which is also being financed by the AfDB, and the Gurara Water Project.”
You need to tell us what you’re doing with $700 million for water projects,
The Senate panel stated.
The senate panel also deciding to summon the minister, Adamu Suleiman, to explain prior loans and how they were spent.
Senator Obinna Ogba expressed his opposition to the offer, claiming that the impact of earlier credits was not felt by Nigerians. Senator Ibrahim Oloriegbe, who is opposed to the new loan, wanted to know the criterion for selecting benefiting states.
Senator Sani Musa who is also opposed, encouraged the committee to pick a suitable option after a thorough assessment. Mrs. Esther Didi Walson-Jack, the ministry’s Permanent Secretary, had earlier told the committee that SURWASH would last five years and that $640 million would be needed for the project and $60 million for capacity building, despite her inability to provide a convincing explanation for previous loans.