Oshiomhole Vows Senate Will Scrutinize Tinubu's Loan Request

Senator Adams Oshiomhole, representing Edo North, announced that the National Assembly will carefully examine President Bola Tinubu's recent request for $20.5 billion and €1.04 billion in external loans aimed at funding critical projects across Nigeria. This request, made on a Tuesday, has sparked reactions from various Nigerians and opposition parties, raising concerns about its purpose as the 2027 election approaches.

In an interview on Arise Television’s Morning Show, Oshiomhole assured that the Senate, under the leadership of Godswill Akpabio, will not act as a rubber stamp for the loan approval. He emphasized the Senate's responsibility to inquire about the utilization of previous loans and the intended purpose of the new loans.

Oshiomhole stated, “The Senate will scrutinise Tinubu’s fresh loan request. We won’t just approve it like that.

We must look at it properly and ensure it is in the interest of Nigerians.”.