9th NASS receives 10% of every loan approved for Buhari as kickbacks – Former APC secretary

The 9th National Assembly has been accused of receiving kickbacks from every loan it approves for President Muhammadu Buhari.

Headed by Ahmad Lawan, the legislative arm of government is often referred to by critics as a rubber stamp assembly.

The National Assembly is made up of two chambers; the Nigerian Senate under the leadership of Mr Lawan and the House of Representatives which Femi Gbajabiamila overseas its affairs.

When the Senate reconvened for plenary Tuesday, approved the change of source for a previously approved N850bn loan and adjourned indefinitely, critics again took the red chamber to the cleaners.

For Timi Frank, a former National Publicity Secretary of the ruling All Progressive Congress (APC), the present national assembly is the problem of this country.

He accused the legislative arm of receiving 10 percent as kickbacks of every loan it approves for the president.

“9th Assembly is Nigeria problem. They’re ‘Copy & Paste’, they’re worst than rubber stamp. That’s why they cannot say ‘No’ to all the loan requests from @MBuhari,” Mr Frank said in a tweet Saturday.

“Becos they’re beneficiaries of the loans. They have 10% from all the loans. These people are worst than COVID-19!” he alleged.

Ajibola Basiru, the new chairman of the Senate Committee on Media and Public Affairs, was not reachable for comments.