Politics
Reps Approve Buhari’s Request For $5.8b Loan
The House of Representatives has approved President Muhammadu Buhari’s request for a $5.8 billion loan and grant of $10 million.
President Buhari had in May, in a letter to the two chambers of the National Assembly, requested to borrow not more than $6.1 billion 2018–2020 External Borrowing (Rolling) Plan to fund the 2021 budget deficit.
The green chamber approved the request following the consideration of the report of the House Committee on Aids, Loans and Debt Management by the Committee of supply on Tuesday.
The Chairman of the Committee on Aids, Loans and Debt Management, Ahmed Safana, presented the report on the loan request.
The House approved $2.3 billion for grid modernisation and expansion programme under the Presidential Power Initiative (PPI). The loan is to be supplied by the German Consortium.
The World Bank and the Islamic Development Bank are to finance malaria-related projects with N200 million and N90 million respectively. The World Bank is to fund the multi-phased programmatic approach immunization plus and malaria progress by accelerating and transforming service projects with $200 million.
To fund the Gurara phase one project, the China Exim Bank will supply $786.38 million, while the World Bank will supply $700 million to fund the Nigeria Sustainable Water Supply, Sanitation and Hygiene (WASH) Project.
The Chinese African Development (CAP) fund, through the Bank of China, will fund three power and renewable energy projects with $276.9 million.
The projects are; Solar Cells Production Facility Phase I & II, Electric Power Transformer Production Plant I, II & III and High Voltage Testing Laboratory. All these projects are domiciled at the National Agency for Science and Engineering Infrastructure (NASENI).
In addition, the World Bank will fund four Agro projects with $1.486 billion. The projects are: Agro-processing productivity enhancement and livelihood improvement support project will gulp $200 million, Agro-climatic resilience in arid zone landscape project will be funded with $700 million, livestock productivity and resilience support project $500 million and value chain development programme $50 million.
The House resolved that the terms and conditions of the loan from the funding agencies be forwarded to the National Assembly before the execution of the projects.
The 2018-2020 External Borrowing (Rolling) Plan contained a request for approval for $36.8 billion, €910 million and a grant component of $10 million.
The request for approval has been in bits. In July, the Senate approved $8.3 billion and €490 million in a batch and another $6.1 billion separately.
The current administration has been under criticism for its borrowing spree.
According to the Debt Management Office, the Buhari’s administration inherited N12 trillion though the total debt stock hovers around N40 trillion.
Prof. Amupitan gave the warning on Saturday, in Port Harcourt, Rivers State, during the South-South Zonal Readiness Assessment and Interactive Staff Engagement organised ahead of the 2027 general elections.
He said insecurity remained a potential challenge to the electoral process but stressed that the Commission would not allow threats against its personnel to undermine its constitutional responsibilities.
“Insecurity may pose a challenge, but our collective constitutional resolve is far stronger. Let me again send a clear message from Port Harcourt: anyone who attempts to threaten, intimidate, or harm our ad-hoc staff, NYSC members, or permanent personnel will be brought to justice under the full weight of the law,” he said.
The INEC Chairman, who was accompanied by National Commissioners, directors and technical aides, disclosed that the South-South engagement was the fifth in a series of zonal assessments, following similar exercises in the South-West, North-West, South-East and North-East.
He explained that his physical presence across the geopolitical zones reflected the Commission’s field-first approach, emphasising that electoral integrity must be established through effective operations at the grassroots.
According to him, the assessment would cover operational preparedness across the 123 Local Government Areas in the six South-South states.
On election security, Prof. Amupitan said INEC had moved away from reactive security arrangements traditionally activated around election day to a proactive, intelligence-driven framework known as the “ICCES Tentacle”.
He explained that the framework was designed to extend inter-agency security coordination from national and state headquarters to local government areas and Registration Area Centres, including remote communities.
He identified three critical pillars of the framework as mapping and mitigating security threats, protecting electoral personnel and infrastructure, and guaranteeing safe access to polling units.
The INEC boss said the security arrangement would provide comprehensive protection for electoral personnel, technological infrastructure, including Bimodal Voter Accreditation System (BVAS) devices and server infrastructure, as well as voters.
He added that the framework was intended to ensure that every polling unit, irrespective of its geographical location or history of security challenges, remained safe and accessible for the exercise of democratic rights.
Prof. Amupitan disclosed that the South-South security architecture comprised approximately 60 major operational formations, headquarters and state commands operating under the Inter-Agency Consultative Committee on Election Security (ICCES).
The network, he said, brings together military, naval, air, police and other security and intelligence agencies across the six states.
“Together, this integrated multi-agency network represents the operational backbone that guarantees intelligence-led protection across every riverine creek, coastal axis, and land-based polling unit in the Niger Delta,” he stated.
Providing an overview of the region’s electoral significance, the INEC Chairman said the South-South had the fourth-largest voting bloc in the country, with 15,823,550 registered voters, representing 15.30 per cent of the national register.
Rivers State alone, he said, accounts for 3,736,434 registered voters spread across the 23 local government areas.
Alhaji Abubakar made the demand following revelations that some INEC registration officers allegedly abused their access to the voter registration system to introduce irregular records into the database.
In a statement issued by his Director of Strategic Communications, Mr Phrank Shaibu, the former vice-president described the development as a serious breach of the Commission’s internal safeguards and raised concerns about the integrity of the electoral process.
He urged INEC to identify the officials implicated in the alleged misconduct and explain what disciplinary or legal measures had been taken against them.
Alhaji Abubakar also called for an independent forensic audit of the preliminary voters’ register to establish the scale of the alleged manipulation, identify affected records and determine how the questionable entries were introduced into the system.
He further insisted that INEC preserve all relevant voter records, image files, system access logs and electronic audit trails to prevent the destruction or alteration of evidence before an independent examination could be conducted.
The former vice-president also demanded that the Commission disclose the identities of companies contracted to produce sensitive election materials ahead of the 2027 polls, arguing that transparency was essential to building public confidence in the electoral process.
INEC’s Director of Information and Communication Technology, Dr Lawrence Bayode, had earlier disclosed during a television interview that some registration officers across the country allegedly used their official login credentials to introduce irregularities into the voters’ database.
Dr Bayode explained that the Commission’s Automated Biometric Identification System helped identify questionable records and establish how some irregularities entered the system.
He, however, clarified that not all suspicious photographs were AI-generated, as some resulted from poor registration procedures.
The development followed public concerns over suspected AI-generated photographs, alleged duplicate entries and other inconsistencies discovered in the preliminary voters’ register published online on October 26, 2026.
INEC has maintained that the published document is a preliminary register and that it is reviewing questionable records ahead of the certification of the final Register of Voters.
The controversy has intensified calls for greater transparency and accountability in the management of the voters’ register as preparations gather momentum for the 2027 general elections.
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