Politics

We Did Not Approve Obaseki’s N1.5bn Loan Request – Edo Lawmakers

...urges bank to decline the request

The 17 factional lawmakers of Edo State House of Assembly have said the State Governor, Godwin Obaseki’s N1.5 billion loan request has not been approved.

This was contained in a letter dated September 2, 2020, signed by the Clerk of the House, Efezokhae, Samuel O and addressed to the Managing Director of Access Bank Plc.

The Lawmakers urged the bank to disregard any loan approved by the other faction as it is ‘illegal’.

Part of 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.

We Did Not Approve Obaseki's N1.5bn Loan Request - Edo Lawmakers

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

“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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