Nigerians are reacting to the approval of N850 loan request from President Muhammadu Buhari by the Nigerian Senate.
The Senate had on Tuesday hurriedly approved the loan when it resumed plenary same day.
Mr Buhari had written the upper legislative chamber, notifying it of his intention to borrow N850 billion to finance some projects and programmes in the 2020 budget.
In his letter read at the start of plenary by Senate President, Ahmad Lawan, the president said the fund will be sourced from capital market.
The president also noted that he has directed the Minister of Finance, Budget and National Planning to make herself available to provide any additional information or clarification which the lawmakers may require.
The lawmakers, after the reading, skipped protocol by suspending Rule One, hurriedly considered and approved the loan request through voice vote.
After the approval, the red chamber has adjourned indefinitely, a move Nigerians have criticised.
The opposition Peoples Democratic Party (PDP) also criticised the approval of the loan, urging the Nigerian Senate to ensure strict oversight monitoring and handling of the money.
Below are some reactions of Nigerians on Twitter who largely criticised the nod of the Senate.
the only thing this man @SPNigeria has achieved since he became senate president is approving loan for @MBuhari. God why do you always give us this kind of leaders. Are this men not a curse to the future of Nigeria. Can't they think or what? "Buhari's N850bn" pic.twitter.com/4hqMJ88O9p
— Ike Chikereuba (@Soplux1) April 28, 2020
https://twitter.com/yorubaibibioboy/status/1255221545087238145?s=19
https://twitter.com/QdPaper/status/1255233426912878602?s=19
https://twitter.com/seo9ja/status/1255238427907325953?s=19
Buhari's N850bn Our dear country is controlled by thieves
— DaddyGlory (@OgundiranEbnzer) April 28, 2020
Why is Nigeria so comfortable with borrowing??? @APCNigeria govt just keep borrowing from any available source. #Buhari's n850bn loan request.
— God's Addict????????????⭐ (@Biodun_Ale) April 28, 2020
https://twitter.com/titusoru/status/1255220465691496448?s=19
Buhari and the APC have already enslaved the future of this generation and the coming ones. Enjoy your #NextLevelhttps://t.co/Yyqcs0pkoH
— chijiоke, Ph.D., Nuclear Engineering(Affidavit). (@Ekwulu) April 28, 2020
I just pity this country, our children and children's children will continue paying this loan, this country will continue to be slaves as we are now, Buhari's N850bn loan and other loans thus country has taken, That's what we get when we don't think of our future buh
— Dera (@dera_vvn) April 28, 2020
Senate approved Buhari's N850bn loan request.
We're now seeing the full implication of legislators working hand on hand with the executives to make nigeria a better place.
With President Buhari, we dream big.
— bAkAtsInE (@_lukmanB) April 28, 2020
