• About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, July 25, 2025
Daily Concord News
  • Home
  • News
    • All
    • Africa
    • local
    • Nigeria
    • Science
    • World
    Wale Edun Rallies Private Sector to Deliver ₦1.5 Trillion Highway Investments

    Wale Edun Hails Rebased GDP and Q1 2025 Growth as Launchpad for Sustained Economic Takeoff

    Nigeria’s Quiet Economic Reordering

    Nigerian Stocks in Historic Bull Run Under Tinubu

    President Tinubu Never Stopped The 5-Year Non-immigrant Visa For US Citizens

    Group Calls on Ministry of Interior to Address U.S. Visa Restrictions

    Group Calls on Ministry of Interior to Address U.S. Visa Restrictions

    Here Is Why The U.S Imposed Visa Restrictions On Nigerian Travelers

    Here Is Why The U.S Imposed Visa Restrictions On Nigerian Travelers

    Matawalle Hails NDA 18 Regular Course for Exemplary Unity and Continued Service to Nigeria

    Matawalle Hails NDA 18 Regular Course for Exemplary Unity and Continued Service to Nigeria

  • Politics
  • Business
  • Sports
  • Entertainment
    • All
    • Gaming

    Timipre Sylva Inaugurates the National Gas Expansion Programme, Committee

  • Tech
    WSIS: NCC’s Digital Awareness Programme Wins 2025 Prize for Access to Information and Knowledge

    WSIS: NCC’s Digital Awareness Programme Wins 2025 Prize for Access to Information and Knowledge

    NASENI Excited Over President Tinubu’s “Nigeria First Policy”

    Why Nigeria Must Manufacture Its Own Solar Panels

    Putting Nigeria First: NASENI Leads the Charge for Made-in-Nigeria Patronage

    Putting Nigeria First: NASENI Leads the Charge for Made-in-Nigeria Patronage

    NASENI Excited Over President Tinubu’s “Nigeria First Policy”

    NASENI, PICTT Restate Commitment to Promote Female Engineering with Launch of DELT-Her 2.0

    NASENI Champions the Made-in-Nigeria Products Drive in Kebbi State

    MTN and Globacom Avoid Disconnection as Debt Dispute Resolved

    MTN and Globacom Avoid Disconnection as Debt Dispute Resolved

    Trending Tags

  • Lifestyle
    • All
    • Culture
    • Food
    • Health
    Diary of a Naija Girl’s Ifedayo Agoro & Frank Itom Are Engaged!

    Diary of a Naija Girl’s Ifedayo Agoro & Frank Itom Are Engaged!

    At Avalanche Book Launch, Nigerians Call For More Resources On Mental Health And Trauma Management

    At Avalanche Book Launch, Nigerians Call For More Resources On Mental Health And Trauma Management

    Femi Odekunle; The Pains That Won’t Go! By Haruspice

    Femi Odekunle; The Pains That Won’t Go! By Haruspice

    The Unifying Factor of Culture

    Examining Arts as a Unifying Elements

    The Unifying Factor of Culture

    The Unifying Factor of Culture

    Senate President Greets Asiwaju Bola Tinubu @69

    Senate President Greets Asiwaju Bola Tinubu @69

    Trending Tags

  • Opinion
No Result
View All Result
  • Home
  • News
    • All
    • Africa
    • local
    • Nigeria
    • Science
    • World
    Wale Edun Rallies Private Sector to Deliver ₦1.5 Trillion Highway Investments

    Wale Edun Hails Rebased GDP and Q1 2025 Growth as Launchpad for Sustained Economic Takeoff

    Nigeria’s Quiet Economic Reordering

    Nigerian Stocks in Historic Bull Run Under Tinubu

    President Tinubu Never Stopped The 5-Year Non-immigrant Visa For US Citizens

    Group Calls on Ministry of Interior to Address U.S. Visa Restrictions

    Group Calls on Ministry of Interior to Address U.S. Visa Restrictions

    Here Is Why The U.S Imposed Visa Restrictions On Nigerian Travelers

    Here Is Why The U.S Imposed Visa Restrictions On Nigerian Travelers

    Matawalle Hails NDA 18 Regular Course for Exemplary Unity and Continued Service to Nigeria

    Matawalle Hails NDA 18 Regular Course for Exemplary Unity and Continued Service to Nigeria

  • Politics
  • Business
  • Sports
  • Entertainment
    • All
    • Gaming

    Timipre Sylva Inaugurates the National Gas Expansion Programme, Committee

  • Tech
    WSIS: NCC’s Digital Awareness Programme Wins 2025 Prize for Access to Information and Knowledge

    WSIS: NCC’s Digital Awareness Programme Wins 2025 Prize for Access to Information and Knowledge

    NASENI Excited Over President Tinubu’s “Nigeria First Policy”

    Why Nigeria Must Manufacture Its Own Solar Panels

    Putting Nigeria First: NASENI Leads the Charge for Made-in-Nigeria Patronage

    Putting Nigeria First: NASENI Leads the Charge for Made-in-Nigeria Patronage

    NASENI Excited Over President Tinubu’s “Nigeria First Policy”

    NASENI, PICTT Restate Commitment to Promote Female Engineering with Launch of DELT-Her 2.0

    NASENI Champions the Made-in-Nigeria Products Drive in Kebbi State

    MTN and Globacom Avoid Disconnection as Debt Dispute Resolved

    MTN and Globacom Avoid Disconnection as Debt Dispute Resolved

    Trending Tags

  • Lifestyle
    • All
    • Culture
    • Food
    • Health
    Diary of a Naija Girl’s Ifedayo Agoro & Frank Itom Are Engaged!

    Diary of a Naija Girl’s Ifedayo Agoro & Frank Itom Are Engaged!

    At Avalanche Book Launch, Nigerians Call For More Resources On Mental Health And Trauma Management

    At Avalanche Book Launch, Nigerians Call For More Resources On Mental Health And Trauma Management

    Femi Odekunle; The Pains That Won’t Go! By Haruspice

    Femi Odekunle; The Pains That Won’t Go! By Haruspice

    The Unifying Factor of Culture

    Examining Arts as a Unifying Elements

    The Unifying Factor of Culture

    The Unifying Factor of Culture

    Senate President Greets Asiwaju Bola Tinubu @69

    Senate President Greets Asiwaju Bola Tinubu @69

    Trending Tags

  • Opinion
No Result
View All Result
Daily Concord News
No Result
View All Result
Home Opinion

$5.5bn EXTERNAL LOAN: BMO Hails PDP Senators for Breaking Rank With Own Party

Tunde Abiola by Tunde Abiola
June 4, 2020
in Opinion, Politics
0
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter

The Buhari Media Organisation (BMO) has commended the Senate for its bipartisan approach to President Muhammadu Buhari’s $5.513bn external loan request.

It said in a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, that Senators deserve praise for brushing aside partisan considerations to approve the loan request and pave way for seamless funding of the revised 2020 budget.

“It is instructive that the Peoples Democratic Party (PDP) caucus in the Senate ignored the ranting of the national leadership of the opposition party and joined other patriots to endorse the loan request.

“We invite Nigerians to note that no PDP Senator spoke against the request, in a clear rejection of the hare-brained suggestion of their party that the external loan request was not necessary.

“They have opted to elevate national interests over and beyond the narrow, beer parlour consideration of the PDP leadership, and agreed on the need to power the national economy out of the economic doldrums created by Covid-19, and the recession predicted by the International Monetary Fund (IMF) and others.

“This is coming only a few days after the Zamfara State chapter of the PDP shunned the PDP leadership to hail the Buhari administration for the success of the ongoing war against banditry.

“More than anything else, the bipartisan endorsement shows a belief in the capacity of the Buhari administration as testified to by IMF on how the loan would be paid back in a sustainable manner,” the group said.

It also urged the National Assembly to adopt a similar approach to the revised 2020 budget when it comes up for deliberations next week.

“Aside from the speedy consideration of the external loan request, we also saw how federal lawmakers have been swift in approving the revised Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP).

“The move which includes jerking up the oil price benchmark from $25 per barrel to $28 is meant to pave way for the consideration of the revised budget.

“We urge lawmakers in the two chambers, regardless of party affiliations, to ensure speedy passage of the Budget when it is eventually tabled for consideration next Tuesday”.

It added that Nigerians look forward to more cooperation between the Executive and the Legislature in the interest of the people.

Tags: BMOPDPSenate
Previous Post

Now That RetiredCol Dangiwa Has Woken Up by Ibrahim Attahir

Next Post

BMO Carpets Baba-Ahmed for Jaundiced Commentary

Tunde Abiola

Tunde Abiola

Next Post

BMO Carpets Baba-Ahmed for Jaundiced Commentary

  • Trending
  • Comments
  • Latest

NIN-SIM Linkage: A Kidnappers’ Bogeyman On The Roll?

April 5, 2024 - Updated on February 9, 2025

How Atiku’s Lawyer’s Travelled To Cambridge To Confirm Buhari’s Certificate – And The Disappointment That Followed

September 6, 2019 - Updated on February 9, 2025

Vanguard Apologizes To Professor Osinbajo Over Fake News, Retracts Story

September 25, 2019 - Updated on February 9, 2025

I Will Waive my Constitutional Immunity to Clear my Name – Osinbajo

September 25, 2019 - Updated on February 9, 2025
Nigeria

Lest We Forget: Security Issues in Nigeria from 1999 to Date!

0
ISHA SESAY: A GOOD BOOK ON CHIBOK, HAMPERED BY MISREPRESENTATIONS

ISHA SESAY: A GOOD BOOK ON CHIBOK, HAMPERED BY MISREPRESENTATIONS

0
Ministerial list: Nigerians react to Buhari’s nomination of Akpabio, Keyamo, Saraki, others

Ministerial list: Nigerians react to Buhari’s nomination of Akpabio, Keyamo, Saraki, others

0
Channels TV Reporter Precious Owolabi Shot During Shiite, Police Clash Is Dead

Channels TV Reporter Precious Owolabi Shot During Shiite, Police Clash Is Dead

0
Wale Edun Rallies Private Sector to Deliver ₦1.5 Trillion Highway Investments

Wale Edun Hails Rebased GDP and Q1 2025 Growth as Launchpad for Sustained Economic Takeoff

July 24, 2025
NSA Visits Operation Safe Haven, Says FG Addressing Security Breach In Plateau Communities

Ribadu: A Revelation in a Nation That Needs Roadmap

July 23, 2025
Matawalle Leads Push for Stronger Defence Partnerships at Global IDEF 2025 Expo

Matawalle Leads Push for Stronger Defence Partnerships at Global IDEF 2025 Expo

July 23, 2025
Nigeria’s Quiet Economic Reordering

Nigerian Stocks in Historic Bull Run Under Tinubu

July 21, 2025

Recent News

Wale Edun Rallies Private Sector to Deliver ₦1.5 Trillion Highway Investments

Wale Edun Hails Rebased GDP and Q1 2025 Growth as Launchpad for Sustained Economic Takeoff

July 24, 2025
NSA Visits Operation Safe Haven, Says FG Addressing Security Breach In Plateau Communities

Ribadu: A Revelation in a Nation That Needs Roadmap

July 23, 2025
Matawalle Leads Push for Stronger Defence Partnerships at Global IDEF 2025 Expo

Matawalle Leads Push for Stronger Defence Partnerships at Global IDEF 2025 Expo

July 23, 2025
Nigeria’s Quiet Economic Reordering

Nigerian Stocks in Historic Bull Run Under Tinubu

July 21, 2025
Daily Concord News

Bringing the most intriguing News from around the world you everyone in a positive way

Follow Us

Browse by Category

  • Africa
  • Basketball
  • Business
  • Culture
  • Economy
  • Education
  • Food
  • Football
  • Foreign Affairs
  • Gaming
  • Health
  • Health
  • Interviews
  • Lifestyle
  • local
  • News
  • Nigeria
  • Opinion
  • Politics
  • Science
  • Security
  • Sports
  • Tech
  • Uncategorized
  • World

Recent News

Wale Edun Rallies Private Sector to Deliver ₦1.5 Trillion Highway Investments

Wale Edun Hails Rebased GDP and Q1 2025 Growth as Launchpad for Sustained Economic Takeoff

July 24, 2025
NSA Visits Operation Safe Haven, Says FG Addressing Security Breach In Plateau Communities

Ribadu: A Revelation in a Nation That Needs Roadmap

July 23, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Daily Concord News - All Rights Reserved.

No Result
View All Result

© 2025 Daily Concord News - All Rights Reserved.