Court plans July 1 to hear lawsuit against Buhari’s new loan application
Judge Ijeoma Ojukwu of the Federal High Court in Abuja has set July 1, 2020 for hearing a complaint from a political party, the Action Peoples Party (APP) seeking to overturn the approval of any external borrowing by the National Assembly.
The Federal Government of Nigeria, President Muhammadu Buhari, the Attorney General of the Federation and the Minister of Finance are mentioned as the 1st to 5th defendants in the lawsuit.
In the numbered lawsuit, FHC / ABJ / CS / 365/2020, the plaintiff applied to the court for an order setting aside and / or setting aside the president’s request for an external loan / borrowing for fundamental failure to specify the costs-benefits, the economic and social benefits to which the loan is intended to be applied, viability / feasibility test of the sustainability of the loan and financing of the project, loan repayment projections as well as to be unbalanced and in violation of the federal character.
In the affidavit in support of the originating summons, filed by Uchenna Nnadi, the national vice-president of the party, the complainant stated that by a letter sent to the National Assembly, the president requested the approval of the sum of 22.7 billion dollars.
He said the said borrowing was allegedly tied to infrastructure projects and other projects of the president.
According to him, a similar request from the president three years ago was categorically rejected by the National Assembly because it did not meet the mandatory details required for parliamentary debate.
When the case arose on Friday, the plaintiff’s lawyer begged the court to adjourn the case until July 1, 2020, to allow it to serve on the defendants.
According to him, the COVID 19 pandemic prevented him from serving the defendants.
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