KADUNA $350M Loan: All Request Must Follow Due Process –Shehu Sani

By Lola Seriki- Idahosa

The Senator representing Kaduna Central Senatorial Zone at the National Assembly, Comrade Shehu Sani has said that all bank loan that the nine states are requesting for must follow due process before such loan can be given to any state.

Reacting to a question on the Kaduna $350m loan, during a courtesy call to the Nigeria Union of Journalists (NUJ) kaduna state council secretariat, said that the National Assembly must be convinced before such loan can be given.

Senator Shehu Sani, who is the Chairman Senate committee on foreign and local debts said he will not be a party to a situation that will plunged Kaduna State into debt that the children yet unborn will suffered for and that no amount of politics, protests or pressure will make him to compromise.

The senator said with the situation Kaduna State found itself, if the loan is eventually approved, saying that in the next three to five decades, the state may not be able to pay the loan.

“It is not a matter of Senator Shehu Sani been a blocking stone to the loan, but as a Senator representing my people at the Senate, I have a duty to ensure that things are done the way it ought to be done and that the next generation should not come and meet debt they cannot pay.

“If we borrow such amount of money and the money is not use according to what the money is meant for, the danger is that people may not traced the name of those who seek the loan but my name as the Chairman Senate Committee on Foreign and Local Debt that will appear on the file as the person who apex his signature on the file”, the senator explained.

While speaking, Shehu Sani says: “If the senate must sign the loan, the senate must be satisfied beyond any reasonable doubt that the loan must reflect with projects seeking to use the loan for.

“Even if my committee approved the loan, it will still come back to the floor of the Senate for final approval. Passing a loan request required a lot of processes and all these processes will be done in public and not behind a closed door”.

Senator Shehu Sani has cautioned that people should not be brainwashed by going on the streets of Kaduna state to staged a protest on the issue regarding the loan, saying he is a symbol of protest in Kaduna State without been paid for by anybody.

“I am a symbol of protests especially in Kaduna State without anybody paying me to do so, so whoever is doing protest in Kaduna is learning from me,” he said.

He explained further that out of the twenty two states seeking the loan, thirteen of them have been approved and nine states awaiting approval including Kaduna sate.

“Out of the twenty two states seeking the loan, thirteen of them have been approved and nine states awaiting approval including Kaduna sate, “the senator concluded.

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