{"id":54542,"date":"2016-11-16T19:14:05","date_gmt":"2016-11-16T18:14:05","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=54542"},"modified":"2016-11-16T19:14:06","modified_gmt":"2016-11-16T18:14:06","slug":"fg-29-96bn-loan-saraki-must-not-join-fg-ruin-nigeria","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-29-96bn-loan-saraki-must-not-join-fg-ruin-nigeria\/","title":{"rendered":"FG $29.96bn Loan: Saraki must not join FG to ruin Nigeria"},"content":{"rendered":"<p>Ekiti State Governor, Mr Ayodele Fayose has urged the Senate<\/p>\n<p>President, Senator Bukola Saraki not to join the federal government in<br \/>\nruining Nigeria by supporting President Muhammadu Buhari\u2019s request for<br \/>\nexternal loan of $29.96 billion.<\/p>\n<p>The governor called on the Senate President to pitch his tent with<br \/>\nNigerians and not because of his own personal interests join Buhari to<br \/>\ndestroy Nigeria, saying; \u201cSenator Saraki must know that no matter how<br \/>\nmuch he tries to warm himself into the hearts of the Aso Villa Cabal,<br \/>\nthey can never love him and accept him into their fold.\u201d<\/p>\n<p>In a release issued by his Special Assistant on Public Communications<br \/>\nand New Media, Lere Olayinka, Governor Fayose asked; \u201cwhat is the<br \/>\neconomic sense in taking over N12 trillion loan so as to be able to<br \/>\nspend more money during economic recession? How can a nation be<br \/>\nproposing to spend more money when its income has reduced<br \/>\nconsiderably?<\/p>\n<p>\u201cYes, it is being argued that nations in recession must spend to get<br \/>\nout of recession, but in the case of Nigeria, how do we pay back when<br \/>\nas at today, 30 percent of our income is being used to service debt?<br \/>\nWhat will happen to our economy when over 60 percent of our income is<br \/>\nbeing used to service debt?\u201d<\/p>\n<p>He said the Senate must be mindful of the reality that \u201cmany States in<br \/>\nNigeria are unable to pay workers salary now because of the huge debt<br \/>\nleft behind by past governments.\u201d<\/p>\n<p>The statement read; \u201cWhen the Senate unanimously threw out President<br \/>\nMuhammadu Buhari\u2019s request for external loan of $29.96 billion, many<br \/>\nNigerian heaved a sigh of relief and hailed the Senate.<\/p>\n<p>\u201cHowever, unfolding events in the last few days suggest a dangerous<br \/>\nalliance between the presidency and the Senate President, Bukola<br \/>\nSaraki to ensure the approval of the $29.96 billion loan at all cost.<\/p>\n<p>Feelers getting to the public suggest that the ongoing Code of Conduct<br \/>\nTribunal (CCT) trial of Senator Bukola Saraki is being used as<br \/>\nblackmail to get him to back the $29.96 billion loan.<\/p>\n<p>\u201cSenator Saraki should be mindful that the $29.9 billion loan will do<br \/>\nincalculable damage to the country\u2019s ailing economy because of the<br \/>\namount presently being used by the federal government to service loan<br \/>\nmonthly.<\/p>\n<p>\u201cTherefore, Senate Saraki must not allow himself to be seen as using<br \/>\nthe future of Nigeria as negotiation for his own interests.<\/p>\n<p>\u201cHe must know that no matter what he does to the Aso Villa Cabal to<br \/>\nachieve their aims, it won\u2019t change their minds concerning his<br \/>\ntravails.<\/p>\n<p>\u201cHe should be reminded that despite that he assisted the Aso Villa<br \/>\nCabal to pass the controversial 2016 budget and cleared all the<br \/>\nministerial nominees, they never stopped plotting to bring him down.<br \/>\n\u201cThis time around therefore, the Senate President should be mindful<br \/>\nof riding on the back of this political tiger that is roaring to<br \/>\nconsume everyone as he can only get momentary reprieve. He will<br \/>\neventually end in the stomach of the tiger!<\/p>\n<p>\u201cSenator Saraki should remember that only the cowards die many times<br \/>\nbefore their death. Even if he gives his life as ransom for President<br \/>\nBuhari, that won\u2019t stop his persecution.<\/p>\n<p>\u201cInstead of collaborating with the Aso Villa Cabal to plunge the<br \/>\npresent and future generations of Nigerians into the bondage of debt,<br \/>\nSenator Saraki should pitch his tent with Nigerians, who are against<br \/>\nthe $29.96 billion loan and write his name in gold, like Senator Ken<br \/>\nNnamani did when he rejected Obasanjo\u2019s third term agenda.\u201d<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Ekiti State Governor, Mr Ayodele Fayose has urged the Senate President, Senator Bukola Saraki not to join the federal government in ruining Nigeria by supporting President Muhammadu Buhari\u2019s request for&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":54374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-54542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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