The Senate has asked its Committee on Foreign and Local Debts to work on President Muhammadu Buhari’s $4.054bn, €710m and $125m external borrowing request.
This is coming a week after Buhari’s letter seeking the Red Chamber’s approval for the loan was read on the floor of the Senate.
Buhari, in his letter dated 24th August, 2021, said the loan was to fund projects captured under the 2018-2021 borrowing plan.
Buhari said the projects listed in the 2018-2021 Federal Government Borrowing Plan are to be financed through sovereign loans from the World Bank, French Development Agency (AFD), China-Exim Bank, International Fund for Agricultural Development (IFAD), Credit Suisse Group and Standard Chatered/China Export and Credit (SINOSURE) in the total sum of USD4,054,476,863.00; Euro 710,000,000.00 and Grant Component of USD125,000,000.00.
He explained that the amount would be used to fund Federal and States Government projects cut across key sectors such as Infrastructure, Health, Agriculture and Food Security, Energy, Education and Human Capital Development and COVID-19 Response efforts.
On resumption of plenary on Tuesday, Senate President Ahmad Lawan referred the borrowing request to the Foreign and Local Debt committee for further legislative work.
The panel, chaired by Senator Clifford Ordia (PDP, Edo), was given one week to report back to the plenary.
1,085 total views, 3 views today
“This Instagram Life Is Not For Me”, Actress Ruth Kadiri Cries Out
Nollywood actress, Ruth Kadiri has lamented over the difficulty in living a life on social media.
The mum of one, who often shares motivational quotes and advice with her fans, complained about the pitfalls of living the gram life.
Ruth Kadiri revealed that she is one of the most useless persons when it comes to taking pictures.
According to her, her glam team made her wear a shirt and skirt for a photo shoot and when they asked her to turn around, she quit taking pictures.
The thought of asking her to turn her back to get a good picture for the gram set her off and made her quit the photo shoot lifestyle.
“I swear I’m the most useless person when it comes to taking pictures. And thus my team will not let me breathe. So after making me wear this short skirt. They asked me to turn around. Since that day no more photo shoots. This Instagram life is not for me”.
Kemi Filani news weeks after she was attacked on social media for defending Will Smith’s action during the Academy awards, prolific actress and producer, Ruth Kadiri had addressed her colleagues who flaunt their material possessions and were quick to call others ‘broke’
Addressing her colleagues, Ruth said wealth and assets had no hiding place, so those who are fond of fighting over who was rich and who was not wealthy and were quick to call others ‘broke’ should come prepared by tabling their assets and their bank accounts for people to see. And if they were not ready to do that then they should ‘get out’ and ‘stop stressing’.
Kadiri who further described herself as a wise investor noted that assets don’t include cars, bags or gold.
5 total views, 5 views today
‘This Is Totally Unacceptable’, PDP Kicks Against Planned BRT Fare Hike In Lagos
The Peoples Democratic Party (PDP) in Lagos State has faulted the proposed increase in the fare for Bus Rapid Transit (BRT) across various routes in the state, calling for a reversal of the plan.
The Lagos State Publicity Secretary of the party, Mr Hakeem Amode, in a statement on Saturday in Lagos, berated Governor Babajide Sanwo-Olu for approving such a hike, saying it would add to the plight of the masses.
Amode said the APC-led government blamed the hike on the pump price of diesel from N187 to N830 and the unavailability of spare parts for the increase were not justifiable.
According to him, with the crippling economic situation being experienced by Lagos residents daily, the government showed a lack of compassion and total disregard for the plight of the citizens of the state.
“Sanwo-Olu-led APC administration has completely abdicated its responsibility to the people of the state and turned a blind eye to their predicament.
“The few ‘luxuries’ that the people benefit from the state are being taken away.
“Now is not the time for any form of increment, as the people of the state have suffered enough under this unsympathetic government,” he said.
Amode said the proposed increase should be “shelved so as not to worsen the citizens’ situation in the face of dilapidated infrastructure, insecurity, hunger, rise in crime”, among others being experienced by the people of the state.
Sanwo-Olu had on Thursday approved a flat rate increase by N100 in bus fares for all Bus Rapid Transit (BRT) and Standard Routes with effect from July 13.
With the increase, a bus ride from Ikorodu-TBS will now cost N600 from N500 while Berger to Ajah is now N700, up from N600.
Also, Oshodi to Abule Egba will cost N450 from N350 and Abule-Egba-CMS-Obalende will attract a fare of N600.
70 total views, 70 views today
“I Love The Fact That She Gives Me Money”, Toyin Lawani’s Husband, Segun Wealth Makes New Revelation About Their Marriage
Photographer and husband of celebrity stylist Toyin Lawani, Segun Wealth has revealed one of the reasons why he loves his wife.
The couple sat down with Pulse TV for ‘Fun Facts’ about the couple where he boldly made it known to the world that his wife gives him money.
Though Toyin Lawani tried to hush him up and cover it, Segun Wealth maintained his stance that the go-to celebrity stylist credits his account.
During the interview, Toyin Lawani had asked him the 3 things he likes about her and the photographer stated that he loves that she gives him money among other things.
Toyin Lawani later acknowledged that her husband never spends her money.
She noted how she credited his account once with N20 million and he never spent it.
See their conversation below,
Toyin Lawani : What do you love the most about our relationship?
Segun Wealth : 3 things that I love is that one, the relationship isn’t getting old, we do everything together and lastly, you give me money.
Toyin Lawani: Segun ti ba interview je (Segun has spoilt the interview). Which money?
Segun: I like that you bring a lot of money
Toyin: They would bow say it’s because of money u married her
Segun: What’s my concern. Don’t you give me money?
Toyin: Egbami o Sugar Mummy
Toyin: What I love about our relationship is that you are one of the people that I have dates that I know isn’t after my money, even when you need something, you literally kill yourself before you ask me for that thing. You never take advantage of me. Times that I will leave 20m in your account, I will come back and meet it there. You will need money for yourself, you wouldn’t even touch it.
Toyin Lawani vowed that no man can dupe her with her money again, “No man can chop my money again”.
Netizens had a lot to say about the interview.
hublovey_ : Full house husband
rhodaowolabi : I love her sincerity, unlike some others who fool themselves by saying the husband is the one giving money when it’s obvious he’s not financially buoyant
etimajonathan : With my full chest, I’m not amused. How old is this man’s last child from his other wife? Mtchewwwwww! Una two should just gerrout!
Jacyntambachu : she will still come back to tell us how he stole from her
callmegeraldinee : She wan use laugh cover am
Kemi Filani news recalls Toyin Lawani had opened up about controlling her husband Segun Wealth, as widely speculated by many social media users.
Toyin Lawani revealed the current state of her marriage following the criticism and backslashes she received after sharing a video of her husband, kneeling to feed her.
A follower had commented on the post, saying that with many people seeing such a display of love online, they will conclude that Toyin Lawani was controlling her husband.
Responding, Toyin Lawani opined that only those who do not know her husband will think anyone can control him.
She wrote: Only people who don’t know my husband will think anyone can control him. He’s just normally a clown.
43 total views, 43 views today
- “This Instagram Life Is Not For Me”, Actress Ruth Kadiri Cries Out
- ‘This Is Totally Unacceptable’, PDP Kicks Against Planned BRT Fare Hike In Lagos
- “I Love The Fact That She Gives Me Money”, Toyin Lawani’s Husband, Segun Wealth Makes New Revelation About Their Marriage
- Odogwu Wore It Better, Singer Ayra Starr Reacts After Burna Boy Recreated Her Outfit On Stage
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