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Edo Election: Edo Lawmakers Ask Bank To Disregard N1.5bn Loan Request By Obaseki

Enudi Golden by Enudi Golden
January 11, 2024
in Featured, Headline, Politics
Reading Time: 1 min read
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The Edo State House of Assembly has asked Access Bank to disregard the N1.5 billion loan requested by Edo state Governor Godwin Obaseki.

This was contained in a letter dated September 2, addressed to the bank’s Managing Director (MD) by the 17 members of the assembly.

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The letter was signed by the Clerk of the house, Efezokhae Samuel.

The members said they did not approve the loan, as it was illegal.

It said the loan request was approved by the other faction of the assembly.

The letter reads: “We are conscious of the fact that the request at this material time is frivolous and does not serve the interest of the people of Edo State. We are very well aware that the funds being sort for are to be used for the forthcoming election purposes.

“An oversight check has shown that facilities procured in the past by the government of His Excellency Godwin Obaseki have been poorly managed.

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“I am to add that you must disregard any Resolution approving any loan from an illegal seven (7) Member House of Assembly sitting in Government House which has been operating against the constitution of the Federal Republic of Nigeria as well as the Rules of the Edo House of Assembly which deals with the issue of quorum.

“We have one House of Assembly led by elected Rt. Hon. Edoror, Victor Sabor As Speaker. Any other contraption outside this House of seventeen (17) is distraction, illegal and unconstitutional.”

 

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