Civil Society caution NASS “stop approving loans for Buhari”

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The Civil Society Legislative Advocacy Centre (CSLAC) reportedly caution on the National Assembly to cease authorizing foreign and home loan pleas for the President Muhammadu Buhari.

CSLAC stated that the Buhari government couldn’t account for the loans already taken.

Auwal Musa-Rafsanjani, the Executive Director of the group, said this at a news meeting in Abuja.

He contended that a variety of funds obtained by the All Progressives Congress -led administration had been blown without correct accountability.

Musa-Rafsanjani additionally called on the Assembly to persist on the executive to make sure the retrieval of misappropriated, and plundered funds as revealed in numerous government reports.

He remarked that the 2018 discoveries and reports of Nigeria Extractive Industries Transparency Initiatives had proven that there have been some agencies within the extractive sector that did not remit expected funds into the Federation Account.

He explained further that 265 agencies had also failed in the submission of audited reports for  2017, whereas 11 agencies had by no means delivered any monetary account since inception.

He stated it was not in the very best interest of Nigerians to be appropriating funds to agencies that had yet to account for funds it obtained through the years.

He stated, “We must  not  keep quiet we must speak  and put  a stop  to this  mindless  looting. Government  must  focus on blocking  the leakages, instead  of going  for  more  loans.

“National Assembly  must  rise  and  put  a stop  to this; they have a responsibility  to rescue  the country. It is therefore  our hope  that National  Assembly  denies approval  of another loan  until  these  illicit  flows are accounted  for  and recovered.”