The Leader of the Senate, Ali Ndume, on Tuesday said senators voted against President Muhammadu Buhari’s request for $29.9bn foreign loan due to technical issues.
Briefing newsmen shortly after plenary, Ndume, who said that he was shocked that the request suffered such setback, expressed optimism the issues would be resolved and the request would be represented.
He said, “The problem came on a technical ground; it is supposed to go to the committee level and the committee is supposed to take a look at it.
“I am going to appeal to my colleagues to take a look at it again and see how we are going to bring it back.
“So, these are some of the lapses that we will look at in bringing it back.
“We were thinking that there was going to be details but there was no detail of the borrowing plan.
“I believe that those will be included in the next one.”
The lawmaker said that the red chamber did not have the power to give anticipatory approval of any bill or document that it had not received.
He assured that the senate was poised to do things the right way and would reconsider the request on its merits.
He said, “We are trying to do things the way it should be done this time around, but we cannot throw away the baby with the bath water.
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