{"id":172245,"date":"2019-12-02T14:28:59","date_gmt":"2019-12-02T12:28:59","guid":{"rendered":"https:\/\/arewa.ng\/?p=172245"},"modified":"2019-12-02T13:29:49","modified_gmt":"2019-12-02T12:29:49","slug":"why-we-rejected-buharis-30bn-loan-request-shehu-sani","status":"publish","type":"post","link":"https:\/\/arewa.ng\/?p=172245","title":{"rendered":"Why We Rejected Buhari&#8217;s $30bn Loan Request -Shehu Sani"},"content":{"rendered":"<div><span class=\"ds-1col file file-image file-image-jpeg view-mode-embedded centered clearfix block-story-object block-story-object-resource block-story-object-resource-image\"><br \/>\n<span class=\"block-story-object-asset\"><img decoding=\"async\" class=\"media-element file-embedded\" typeof=\"foaf:Image\" src=\"https:\/\/arewa.ng\/storage\/2019\/12\/Why-We-Rejected-Buharis-30bn-Loan-Request-Shehu-Sani.jpg\" alt=\"\"><\/span><br \/>\n<\/span><\/p>\n<p><span class=\"container container-pod container-pod-short\"><span class=\"adunit-parent hide block-module block-module-ad block-module-ad-300x250\"><span class=\"block-module-image-wrapper\"><\/span><\/span><\/span><\/p>\n<p>Former Chairman, Senate Committee on Local and Foreign Debt, Shehu Sani, has said that he and his colleagues turned down a $30bn loan request from President Muhammadu Buhari. <\/p>\n<p>He said that the action was aimed at averting a situation where the country would be recolonised by creditor banks. <\/p>\n<p>He disclosed this in a statement on Friday in Abuja while reacting to the loan request submitted by President Buhari to the National Assembly. <\/p>\n<p>Sani said the current escalation of borrowing would plunge the country into debt, slavery and move us from landlords to tenants.<\/p>\n<p>He said, &#8220;They will always tell you that even United States is borrowing and I don\u2019t know how rational it is to keep borrowing because another country is borrowing.<\/p>\n<p>&#8220;We turned down the FG loan request for N30bn to save Nigeria from sinking into perpetual debt trap. <\/p>\n<p>&#8220;We don\u2019t want our country to be recolonised by creditor banks.&#8221;<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former Chairman, Senate Committee on Local and Foreign Debt, Shehu Sani, has said that he and his colleagues turned down a $30bn loan request from President Muhammadu Buhari. He said that the action was aimed at averting a situation where the country would be recolonised by creditor banks. He disclosed this in a statement on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[2658,1524],"class_list":["post-172245","post","type-post","status-publish","format-standard","hentry","category-news","tag-a","tag-shehu-sani"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/172245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=172245"}],"version-history":[{"count":0,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/172245\/revisions"}],"wp:attachment":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=172245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=172245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=172245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}