Politics
$22.7 Loan: Group Warns Buhari Against Exclusion Of S’East
The Ohanaeze Ndigbo Youth Council Worldwide, OYC, has warned that there will be crisis in the country if part of the $22.7 billion loan approved by the Senate for President Muhammadu Buhari-led executive is not used to build infrastructures in the South East.
OYC warned that “South East exclusion will fuel crisis and political uncertainty and push the region out of Nigeria.”
This is contained in a statement signed by the President-General, Mazi Okechukwu Isiguzoro, and Mazi Okwu Nnabuike, the Secretary General of OYC and made available to our source, yesterday.
Ohanaeze said it was studying diligently the details of the approved 22.7 billion dollars loan which was meant to address the infrastructural deficiencies in the country and demanded that the government publish the details of the zones that would benefit from it.
The Igbo youth group warned that any plan to exclude Southeast from being beneficiary will send wrong signals capable of shaking the foundation and the unity of the country as “it will not augur well for the administration of President Buhari which we Support.”
“President Muhammadu Buhari’s 2015 electoral promise to revamp Enugu Coal Mine had not been formally addressed since 5 years ago.
“[We] present these Southeast Federal projects that should be factored into the 22.7 billion dollars loan and shouldn’t be denied for any political reasons, they include, completion of 2nd Niger Bridge; drainage of Imo River with establishment of Owerrinta Dry Sea Port in Abia State; Revamp Of Enugu Coal Mine; Resuscitation of Nkalagu Cement Plant and Factory Ebonyi State; Commencement of Federal Roads approved during the valendatory session of the Federal Executive Council on 22nd May 2019, which the Hon Minister of Power, Works and Housing had kept mum on.