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$350 million loan: El-Rufai blows hot, says no state will receive loan without Kaduna


The Governor of Kaduna State, Mallam Nasir el-Rufai, has declared that the World Bank will not grant loan to any state if Kaduna is not included.

Kaduna is among the states which applied for loan from World Bank.

The senate has approved the facility for other states and rejected the $350 million request of Kaduna based on opposition from the three senators representing the state.

El-Rufai, who spoke while declaring open the 2018 law week of the Nigerian Bar Association, NBA, Barnawa branch, Kaduna, wondered why the senate blocked his state when it “met all the conditions” for the loan.

Represented by his Deputy, Barnabas Bala Bantex, the governor said that the refusal of the senate to approve the loan request had a political undertone.

The governor said the “World Bank is faced with a moral issue to grant the loan to other states without Kaduna,” which according to him, is most qualified for the loan.

“World Bank won’t grant loan to any state without Kaduna… the World self-service has a moral burden to deal with.

“How do we handle not approving or not giving out a loan for which a state government is fully qualified and approve to others, which I wouldn’t say are less qualified? That is the moral issue facing the World Bank,” he said.

Courtesy: DAILY POST




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