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Fashola faults FEC’s disapproval of $400m external loan (Video)

Governor Babatunde Fashola has appealed to the National Assembly to approve a 400 million dollars loan for the state. The governor was before the house … Continue reading Fashola faults FEC’s disapproval of $400m external loan (Video)


Governor Babatunde Fashola has appealed to the National Assembly to approve a 400 million dollars loan for the state.

The governor was before the house committee on aids, debts and loan management to speak on a petition presented to the committee on the matter, convincing them on the need to approve the loan.

He said it is not clear why the executive will withhold its approval for a loan it had approved initially and one the state is in a good position to repay.