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Nigeria Will Stop Breathing if we keep Borrowing – Secondus Tells PDP Senators

By on June 10, 2020 0 49 Views

National Chairman of the opposition Peoples Democratic Party (PDP), Uche Secondus has read the riot act to Senators on the platform of the party regarding excessive borrowing on the part of the Nigerian Federal Government.

Secondus lambasted the Federal Government for embarking on an eternal borrowing spree saying Nigeria as an entity will soon stop breathing politically and economically if the trend is not checked.

The PDP chairman spoke to journalists after a reconciliation meeting with the caucus of the party in the Nigerian Senate where he urged his members to vehemently oppose any further borrowing plan by the Federal Government.

Nigerian lawmakers has so far approved $22.7bn, $5.53bn and $850bn external loans for the Federal Government in 2020 so far, without much opposition in both Houses of the National Assembly.

According to Secondus;

“We are also worried about the continuous borrowing by the executive arm of Government if it continues like this, Nigerians would be feeling the pains on their neck and It will get to a point if we continue to borrow the way the executive arm is carrying on, it will be difficult to breath both politically and economically, so this must come to an end, there must be an end to borrowing. Those are the issues we have asked our senators to raise in the Senate.”

He said the Senators know what to do if the situation ever arises again.

Speaking on the meeting which had members of the PDP National working Committee, and Senators on the platform of the party, led by minority leader, Senator Enyinnaya Abaribe in attendance, the chairman said;

“I think that for today’s meeting at the Senate in the National Assembly we came to interact with our senators, the PDP caucus. We held a very useful discussion on behalf of the leadership of the party. We tabled before the Senate caucus of PDP the issue of Electoral reforms which is also on our minds and the minds of Nigerians.”

He thereafter spoke on the upcoming Governorship election in Edo State saying primary elections had started already.

“Edo election is ongoing, the processes have started yesterday was the three man’s delegate election. On the 19th is the congress proper.”

Also speaking after the meeting, Senate Minority leader, Senator Abaribe said the discussions were productive and the lawmakers were happy with the leadership of the party.

“The chairman Uche Secondus has come to meet with the PDP caucus in the senate and we have had a very useful discussion about the happenings in the National Assembly and our role in the Senate and in the national Assembly and I can say that it was a very productive meeting.”

“All the matters that affect Senators were all discussed and satisfactorily resolved. And like I said, it is normal that there are disagreements between political parties and we can be very certain that these disagreements can easily be resolved when you understand each other and when you have meetings of this nature which we have done.”

The senators are very happy and we are on the same page with the party. PDP us strong and PDP is united.”

He thereafter revealed that the NWC of the party promised to carry the Senators along in their decisions from henceforth.

The Herald NG – Tony Abu Momoh

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