Ndume: I’ll take Buhari’s $800 million loan to court

Ali Ndume, a senator from Borno South Senatorial District, has promised to take President Muhammadu Buhari’s administration to court over its request for a $800 million loan.

Recall that Buhari approached the Senate to request authorization for an $800 million loan to fund the National Social Safety Network Programme.

The loan from the World Bank is intended to help the most impoverished people after the termination of the fuel subsidy.

Ndume, who agreed to an interview with Trust TV, however, called the loan “unconstitutional and unfair.”

He highlighted the issue of selecting beneficiaries when sharing borrowed funds. Raising doubts about the fairness of such an approach, Ndum argued that distributing money randomly among Nigerians, without considering individual circumstances, would be unjust.

He said: “I will go to court on that because it is unfair, illegal and unconstitutional. Let me give you an example, we are two now in the studio and you say you are going to borrow one million and share among the two of us, how are you going to select the two? Besides that, if you are giving to the two and they are the ones to pay that is okay but it is all Nigerians that will pay.

“If you give Nigerians today ₦4,000 randomly, how fair is that? In fact, it is unconstitutional because the constitution of Nigeria does not allow you to discriminate.

“These guys will just use grammar to confuse this old man (Buhari) and he will just approve. He (Buhari) doesn’t understand this, they just want to steal the money, we cannot continue to allow this kind of thing.

“What they are targeting is what they can get out of it not, what Nigerians can get, you can quote me on that, any of them come to challenge me on TV, I will come back to explain myself, they are misleading the President.”