… demanding transparent mgt of loan not for elephant projects
…to checkmate an attempt to massively squander the loan
A group under the aegis of Concerned Nigerians for-Human Rights, Social Justice, Anti-Corruption has dragged the Delta State Government to the Anti-graft commission, EFCC demanding a judicious use of the N150billion loan granted the government barely two weeks ago.
TheNewsGuru.com, (TNG) reports this was contained in a petition sent to EFCC issued and signed by the convener, Barrister Deji Adeyanju.
The group alleged that “a time when the nation is engrossed with the commencement of electioneering process leading to the 2023 election, it is alarming to note that the Delta State Government has initiated and secured
the approval of the Delta State House of Assembly to obtain a humongous loan of N150,000,000,000.
TheNewsGuru.com, (TNG) reports that the petition Furth stated that:”Curiously, this loan has been approved just few weeks to the primaries of the Peoples Democratic Party where Governor Ifeanyi Okowa is rumoured tohave a vice presidential ambition. We are, therefore, constrained
to ask: What is the purpose of this loan.
“In recent times, it has become a practice for State Governments to obtain huge loans under the guise of public interest but subsequently divert same into private pockets. We recall that just few months ago, the Kogi State government obtained a similar loan with a view to paying workers’ pension/salary but subsequently diverted same into a private account.
“It took the intervention of your Commission before the money could be returned to the Central Bank of Nigeria. It is on the basis of the foregoing that we believe that the N150,000,000,000 Naira loan sought to be obtained by the Delta State government is an attempt at last minute looting.
“Sadly, the Delta State House of Assembly who should ordinarily investigate this loan and protect the citizens, is in bed with the Executive Arm
and has turned a blind eye.
“We, therefore, call on you to investigate this loan, trace the money and ensure that same is not channelled towards any purpose other than people’s-oriented projects.
See full letter below:
CONCERNED NIGERIANS
Human Rights, Social Justice, Anti-Corruption.
6th May, 2022
The Executive Chairman
Economic and Financial Crimes Commission (EFCC)
EFCC Headquarters
Jabi Airport Road
Abuja,
Dear sir,
PETITION TO INVESTIGATE THE IMMINENT ATTEMPT BY THE DELTA STATE GOVERNMENT TO SOUANDER N150.000,000.000 LOAN.
We write this petition to you in our capacity as a pro human rights and anti corruption group, seeking the urgent investigation of the Delta State Government, over its attempt to loot the One Hundred and Fifty Billion Naira loan (N150,000,000,000) loan recently approved by the Delta State House of Assembly.
At a time when the nation is engrossed with the commencement of electioneering process leading to the 2023 election, it is alarming to note that the Delta State Government has initiated and secured the approval of the Delta State House of Assembly to obtain a humongous loan of N150,000,000,000. Curiously, this loan has been approved just few weeks to the primaries of the Peoples Democratic Party where Governor Ifeanyi Okowa is rumoured to have a vice presidential ambition. We are, therefore, constrained to ask:
What is the purpose of this loan?
08065128755
0703717746
O 10. Kolda Link Road.
off Ademola Crescent,
[email protected]
concernednigerians.or9
wuse 2,.
In recent times, it has become a practice for State Governments to obtain huge loans under the guise of public interest but subsequently divert same into private pockets. We recall that just few months ago, the Kogi State government obtained a similar loan with a view to paying workers’ pension/salary but subsequently diverted same into a private account. It took the intervention of your Commission before the money could be returned to the Central Bank of Nigeria.
It is on the basis of the foregoing that we believe that the N150,000,000,000 Naira loan sought to be obtained by the Delta State government is an attempt at last minute looting. Sadly, the Delta State House of Assembly who should ordinarily investigate this loan and protect the citizens, is in bed with the Executive Arm and has turned a blind eye.
We, therefore, call on you to investigate this loan, trace the money and ensure that same is not channelled towards any purpose other than people’s-oriented projects.
Yours faithfully,
Dramming
Comrade Deji Adeyanju LLB (Hons)
Convener