PDP's Bwacha Demands Accountability for Missing $268M Loan

Senator Emmanuel Bwacha, the governorship candidate of the Peoples Democratic Party (PDP) in Taraba State, has called on Governor Agbu Kefas to provide an account for a missing $268 million loan from the ECOWAS Bank for Investment and Development, which was obtained in June 2026. Bwacha made this demand during the opening of the Taraba State PDP 2027 campaign in Zing.

He emphasized that public borrowing should be accompanied by transparency and accountability. Bwacha alleged that the loan, which was intended for projects including an integrated industrial park, irrigated rice production, and a solar photovoltaic plant in Jalingo, has not been properly accounted for.

He raised critical questions regarding the loan's utilization, including what has been drawn, spent, and the value created for the people of Taraba. Bwacha expressed concerns about the state’s infrastructure, public expenditure, and the relationship between the government and communities, asserting that government should be responsible and connected to the needs of its citizens.