Newspaper review for Dec 17: Senate to approve Buhari’s $29.96bn loan request

Newspaper review for Dec 17: Senate to approve Buhari’s $29.96bn loan request

The Nigerian newspapers review for Tuesday, December 17, leads with a report on This Day newspaper which states that the Nigerian Senate will approve the federal government’s request to borrow $29.9 billion.

Newspaper review for Tuesday Dec 17
This Day newspaper for December 17
Source: UGC

The newspaper reports that Senate president Ahmad Lawan on Monday, December 16, said the federal government has provided the Senate with sufficient information to back its request to borrow $29.9 billion.

“Yes, the Ninth Senate will approve the loan request. It is true that the Eighth Senate did not approve the loan request because there was no sufficient information. But this time around, we have been provided better information and details about the loan," Lawan said.

The Vanguard newspaper also reported that the Senate planned to approve Buhari’s $30bn loan request.

Newspaper review for Tuesday Dec 17
Vanguard newspaper for December 17
Source: UGC

In another news report, Senate president Ahmad Lawan has said Nigerians will have the opportunity to decide whether the controversial hate-speech bill will be passed.

The Nation newspaper reports that Lawan said there is an opportunity for every interested person to say if they wanted the bill passed or not.

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Newspaper review for Tuesday Dec 17
The Nation newspaper for December 17
Source: UGC

The Senate president reportedly made the statement when unveiling the activities of the Senate under his leadership in the last six months.

“Hate speech (bill) is one issue that has elicited so much reaction from Nigerians.

“Personally, I’m happy that everybody is talking. It is not for members of the National Assembly alone to deal with the Hate-Speech Bill,” the Senate president said.

“Like I said at the beginning, it is for every interested person. If you say the Hate-Speech Bill should not pass, when they conduct the public hearing, get as many people against the bill as possible to attend the public hearing and make their case.

Meanwhile, the Nigerian government plans to spend around N450 billion on petrol subsidy in 2020.

The Guardian newspaper reports that according to current data from the Petroleum Products Pricing Regulatory Agency (PPPRA), about N450 billion was voted in the 2020 budget by the federal government.

Read also

Newspaper review for December 11: Nigeria to spend N750bn on fuel subsidy

Newspaper review for Tuesday Dec 17
Guardian newspaper for December 17
Source: UGC

Meanwhile, two weeks to the deadline labour gave states to conclude talks on the wage increase eight state governments are yet to constitute committees on the new minimum wage negotiations.

Newspaper review for Tuesday Dec 17
Punch newspaper for December 17
Source: UGC

The Punch newspaper reports that labour leaders in states such as Ogun, Gombe, Cross River, Rivers, Plateau, Kwara, Anambra and Oyo, in separate interviews said they were waiting for their state governments to set up the committees.

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