House of Reps Speaker Reveals Rejection of Foreign Loan Over South East Exclusion

Femi Gbajabiamila, the Speaker of the House of Representatives, disclosed that the House rejected a foreign loan during former President Muhammadu Buhari's tenure due to the exclusion of the South East region from infrastructure projects. The loan proposal was thoroughly scrutinized, revealing that it did not cover the South East.

Lawmakers held back approval, demanding a fair distribution that includes the South East. Gbajabiamila emphasized the importance of upholding federal character principles to promote inclusivity and unity in the nation.

He highlighted the role of the Federal Character Commission in ensuring equitable project distribution and urged its independence in discharging its duties. The rejection of the loan underscored the commitment to fairness and public trust in Nigeria's governance.