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Senate approves additional $200m loan for Jonathan
 
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Wed, 18 Mar 2015   ||   Nigeria,
 

Senator Ehigie Uzamere, who chaired the Senate Committee on Local and Foreign Debts, which held joint meetings with the Committee on Finance, said while presenting the report, several meetings were held with officials of the Debt Management Office in the course of their assignment.

He added that the joint committee was guided by Nigeria’s Medium Term Debt Management Strategy (2012-2015); The Debt Sustainability Analysis (2013); Fiscal Responsibility Act (2007); Debt Management Act (2003) and the 2014-2016 MTEF/FSP.

Senate President, David Mark, who presided over the sitting, said he was confident that the funds would be judiciously utilised by the Jonathan-led administration.

The Senate, also on Tuesday, passed the criminal justice bill into law.

The bill, according to the lawmakers, would ensure speedy dispensation of justice in the country.

Chairman, Senate Committee on Judiciary, Human Rights and Legal Matters, Senator Umaru Dahiru, said when signed into law, the bill would promote efficient management of criminal justice in the country.

Senate President, Mark, who presided over the sitting, said the bill would help in repositioning the criminal justice in the country.

Meanwhile, the Senate has adjourned its sitting till Tuesday, March 31, to enable the members to participate in the general election.

The development thus shifted the passage of the 2015 budget to April.

 

 

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