AD

Rivers NASS caucus rejects fresh borrowing

The Rivers State National Assembly Caucus has declared that loans being requested by President Muhammadu Buhari are unconstitutional and discriminatory in approach and scope.

Recall that the Federal Government had written to the National Assembly on resumption from its annual recess last week demanding for fresh loans of $4billion and €710million.

The Rivers caucus expressed dismay with the incessant loans and the manner projects are indiscriminately distributed among states in the country.

In a statement issued and signed by their caucus leaders, Senator George Sekibo and Rep Kingsley Chinda stated that “There’s no equity and fairness in the manner the projects are being distributed which flagrantly violates the provision of the Constitution.

“The manner and approach so far adopted by the Buhari led Government obviously violates Sections 16(1) and 16(2) which states interlia that:

“The State shall…… harness the resources of the nation and promote national prosperity and an efficient, dynamic and self-reliant economy and control the national economy in such manner as to secure the MAXIMUM WELFARE, FREEDOM AND HAPPINESS OF EVERY CITIZEN on the basis of social justice and equality…..”

“The State shall direct its policy towards ensuring (a) the promotion of a planned and balanced economic development (b) that the MATERIAL RESOURCES OF THE NATION are harnessed and DISTRIBUTED AS BEST AS POSSIBLE TO SERVE THE COMMON GOOD.

“From all indications, the Buhari government has deliberately deleted Rivers State from Nigeria as all the loans being requested no single project was attached to Rivers and you do not want the state to collect its hard-earned VAT guaranteed by the Constitution.

“You don’t even need to be a lawyer to know that VAT is not in item 58 and 59 of the second schedule of the 1999 Constitution as amended.

“Everybody knows that it is not even in the Concurrent list. Therefore, it falls under the Residual list. It is not arguable.

“That yesterday nothing happened does not mean that today nothing will happen, or tomorrow something will not happen.

“Nigeria should encourage states to be strong enough to have resources to develop their states.

“We are in a Federal system where we are practising unitary system. Everybody at the end of the month will run to Abuja to share money. Nobody comes back to the State to think, how do I develop my State.”

“It’s appalling and disappointing that the Buhari-led government could be this petty in the distribution of projects without capturing a federating unit for no just reason.

“The Rivers caucus in NASS will not sit on the fence and watch this discriminatory and unconstitutional system of administration of what duly belongs to all Nigerians to a select few.”

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

Andoni LG Boss Impose Dusk-To-Dawn Curfew
‎Finidi hails team’s game Control as they Open Two-Point Gap‎
Why Are They Still There?’ Esin Questions NFF Technical Team After World Cup Failures
‎Bronze Isn’t Gold: Eagles’ Ex coach Peseiro Reacts To AFCON Outcome‎‎‎
Shehu Dikko Pushes for Upgrade and Proper Maintenance of Sports Infrastructure
2026 World Cup: Super Eagles Face Harsh Reality After Failed Qualification
‎NFF appoints Akeem Busari as new Flamingos coach
HRM Summons PHED, Asks Reason For Recent Power Outage
Will Nigeria Replace Iran in the 2026 FIFA World Cup?
Osimhen Out of Hospital After Successful Surgery, Eyes Quick Return
Osimhen Backed for Man United Move as Butt Says He Can Elevate Sesko
Drama Erupts as Verydarkman Fires Back at Blessing CEO Over Cancer Claim
Kpai Them All!” — Sarian Martins Unleashes Fury, Links Blessing CEO’s Illness to ‘Spiritual Payback’
Nwaiwu Earns Super Eagles Call-Up as Bassey Withdraws Ahead of Iran, Jordan Friendlies
Super Eagles star Alex Iwobi Leads 7-Man Premier League Player of the Month Shortlist
Delta Queens Edge FC Robo In Five-Goal Thriller to Boost Super Six Push
‎Injury knocks out ‘Super’ Calvin Bassey as Eagles suffer Int’l Friendlies blow‎
Osimhen Set for Race Against Time as Galatasaray Target Quick Return
Super Eagles Open Camp in Turkey Ahead of Iran, Jordan Friendlies
Chukwueze Set for Permanent Fulham Move After Impressive Loan Spell
Rivers United Humiliated as Nasarawa United Run Riot in 4–1 Thriller
‎Chelle can win next AFCON, He deserves a new contract –Ibitoye‎
‎Rivers United blame CAF Champions League for slump‎
Morocco National Team Captain Rejects AFCON Title, Backs Senegal as True Champions
‎Title race heats up as Rivers, Rangers face defining fixtures‎‎
Oborevwori Denies Assaulting Kickboxing Coach in Reimbursement Row
‎NFF faces court notice over congress misconduct‎
FULL CIRCLE AT WEMBLEY: ARSENAL, MAN CITY AND A FINAL LOADED WITH HISTORY
Finidi George Under Pressure as Rivers United’s Title Grip Slips
Osimhen Injury Shifted Momentum as Liverpool Power Through-Slot
Rivers United Stumble Again as Niger Tornadoes Strike Late to Deepen Title Tension
‎Ademola Lookman Cruise into UCL Q’finals, Osimhen Crash out‎
CAF Strips Senegal of AFCON Title, Crowns Morocco Champions After Dramatic Final Controversy
Ikorodu City Dominate Rivers United to Seal Crucial Home Victory
Rivers United Confront Tough Ikorodu City Test as NPFL Title Race Reaches Boiling Point
Obi Mikel Demands NFF Leadership Resignation After Nigeria’s World Cup Failure
Super Eagles Calvin Bassey is a beast” –Bryan Mbeumo‎
Ibinabo Fiberesima Opens Auditions For Web Series In Port Harcourt
Tinubu, NFF Mourns Former Super Eagles Coach Adegboye Onigbinde
Lemina Header Sinks Liverpool as Galatasaray Claim Crucial First Leg Victory
D’Tigress Arrive Lyon Ahead Of 2026 FIBA Women’s World Cup Qualifying
NPFL: Rivers United Trash Bendel Insurance to Remain Top
Give Your Best, Rivers NYSC Cord Tells Collaborators
CBN Raises ATM Card Issuance Fee, Scraps Maintenance Charges
Rivers Yet to Take Control of Electricity Market
Dangote Refinery Expansion to Create 95,000 Jobs
Nigeria Eyes Gains from Increasing Global Gas Prices – Mshelbila
Osinbajo Inaugurates Road, Hospital in Bayelsa, Hails Diri’s Delivery