Senate Speaker Gives Committee One Week To Review Buhari’s Loan Application


The Senate began legislative work at President Buhari’s request for approval of multinational fund projects under the federal government’s 2018-2021 external borrowing plan.

Recall that President Muhammadu Buhari last week requested Senate approval for an external loan of 4.054 billion dollars, 710 million euros and 125 million dollars.

Buhari in the letter explained that the projects listed in the federal government’s 2018-2021 borrowing plan are to be financed by sovereign loans from the World Bank, the French Development Agency (AFD), China-Exim Bank, International Fund for Agricultural Development (IFAD), Credit Suisse Group and Standard Chartered / China Export and Credit (SINOSURE) for a total amount of USD 4,054,476,863.00; 710,000,000.00 euros and grant component of 125,000,000.00 USD.

He explained that the amount would be used to fund federal and state government projects in key sectors such as infrastructure, health, agriculture and food security, energy, education and capital development. human, and COVID-19 response efforts.

According to the president, the projects spread across the country’s six geopolitical zones would result in job creation and poverty reduction, as well as protection of the most vulnerable and poorest segments of Nigerian society.

When the issue of applying for the loan was raised in plenary on Tuesday, Senate Speaker Ahmad Lawan referred the Senate Foreign and Local Debt Committee for proper legislative work.

The committee, which is chaired by Senator Clifford Ordia (PDP) Edo, is due to report next week Tuesday for general consideration in plenary.


Experts say mixture of snail slime and evaporated milk cannot cure stroke

CLAIM: Facebook user claims water from snails (snail slime) and spike milk can cure partial or full stroke.

VERDICT: The claim that the water obtained from snails (snail slime) and spike milk can cure partial or complete stroke is false.

FULL STORY: On July 26, 2020, Facebook user Prince Nnamdi Enyinnaya Emelelu Eluwa claimed in an article that water obtained from snails (snail slime) and spike milk can cure an accident partial or complete cerebrovascular. The post, which is over a year old, was recently re-shared by other Facebook users.

Marburg virus: what you need to know about the disease recently detected in West Africa

On Monday August 9, 2021, the World Health Organization (WHO) confirmed the first case of Marburg virus in West Africa in Guinea. This development has sent shivers down the spines of West Africans who are still grappling with the effects of the coronavirus pandemic. But before this dreaded disease is greeted with rumors and misinformation, here’s what you need to know about the virus. APC says it’s creating a health emergency trust fund …

FACT CHECK: US failed to grant Nigeria 48-hour ultimatum to detain Abba Kyari

CLAIM: Several social media posts claim that the United States of America (United States) has given the federal government of Nigeria 48 hours to arrest suspended Deputy Police Commissioner Abba Kyari on pain of severe penalties.

VERDICT: The assertion is false and misleading. The United States did not give the Nigerian federal government a 48-hour ultimatum to detain Abba Kyari.

FULL STORY: Tons of backlash have greeted the indictment of suspended Deputy Police Commissioner Abba Kyari by the United States District Court for the Central District of California.

The court indicted Kyari over his alleged involvement in the international scheme to defraud a Qatari school founder of more than $ 1 million. The fraud scheme was orchestrated by famous Instagram celebrity, Ramon Abbas, also known as Hushpuppi.

The dangers of mixing toilet cleaner with bleach

A few weeks ago, Eniola Oyémolade, a journalist, decided to get creative by cleaning, mixing a toilet cleaner and bleach. She did it with the thought that if one product worked, mixing it with another would make it even better.

Unbeknownst to him, mixing bleach with a toilet cleaner creates a poisonous gas that can cause adverse health effects, including death.

“After the mixing I started to feel a burning sensation in my throat and had to leave the room because the smell was very bad too,” she said.

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