The proposed plan for the distribution of the federal government’s loan of N22.7 billion has drawn intense controversy since it was made public last week.
Members of the South-East Governors’ Forum have criticized the government, as no single project in the loan is to be accrued to the south-east zone.
The forum, consisting of Enugu, Abia, Imo, Anambra and Ebonyi State governors, has issued a statement noting that the loan should not be approved by the National Assembly.
The statement reads:
“South East Governors’ Forum met on Saturday 7th March, 2020, following a lot of calls and condemnations from our people questioning why South East should be excluded from the proposed Federal Government’s Loan of Twenty-Two Billion, Seven Hundred Thousand US Dollars ($22.7 Billion), whereas the other 5 zones of the country have visible budget.
“Our people gave the impression that the Senate had already approved the sum despite objections raised by the South East Senators.
“We therefore plead with our people to be calm and engage us constructively as we believe that Mr. President has never said no to any of the requests of the South East Governors.
“The South East Governors believe that we can deploy dialogue, negotiation and good understanding to right any perceived injustice, rather than engage the Federal Government in a battle of which nobody is expected to win the boss
“We have written to Mr. President and the leadership of the National Assembly on this matter and we believe that the inclusion of the South East Rail line corridors, development of our Coal Plant in Enugu and development of limestone deposits in the South East should make the list with the loan.
‘We pledge our loyalty and support to Mr. President in the face of this challenging moment of our National history as we keep faith in God Almighty.”