The Rivers State National Assembly Caucus has criticized President Muhammadu’s Buhari constant loan requests and has labelled it unconstitutional.
The national assembly caucus had shown their displeasure in a statement issued and signed by the group leaders senator George Sekibo and Rep Kingsley Chinda.
The lawmakers said there is no equity and fairness in the manner the projects which the loan is meant for are being distributed, which blatantly violates the provision of the Constitution.
It read: “The manner and approach so far adopted by the Buhari led Government obviously violates Sections 16(1) and 16(2) which states interlaid 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.
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