World Bank Loan: Hold Me Liable If El-Rufai Fail  – Sen Sani

The Senator representing Kaduna Central in the National Assembly, Sen Uba Sani, has said that he should be hold liable if his state governor, Malam Nasir El-rufai failed to deliver on the needed development of the state with the World Bank loan he secured. 

The National Assembly has granted the request of the Kaduna State Government for a loan totaling about $350 million from the World Bank.
The loan request was rejected in the eight Assembly but with the coming of the Ninth Assembly, having Uba Sani representing Kaduna Central and Sen Suleiman Abdu Kwari representing Kaduna North, the request was granted.
But Sani, who seem to have played a greater role leading to the approval of the loan, said he should be held liable if the Kaduna State Government fails to utilize the funds on critical infrastructures as promised.
Sani, who spoke to correspondents yesterday in his office at the National Assembly, insisted that persons, especially Senators from Kaduna State who were in the eight Senate and denied Kaduna State approval for the loan should be humble enough to admit that they goofed irredeemably.
“Even the worst critics of Governor El Rufai can attest to the fact that he is perhaps one of the most prudent and accountable public office holders in Nigeria today. I can vouch for the Kaduna State Government under Mallam Nasir El Rufai to prudently deploy the loan from the world bank to enhance the welfare and wellbeing of the good people of Kaduna State. In fact, hold me responsible if Governor Nasir El Rufai fails or disappoints on this score. But of course, I am very certain and confident that the Governor will fulfil all that he has told the World Bank, the good people of Kaduna State and the National Assembly, that Kaduna State Government will do with the loan,” Sani said.
Sani who is the current Chairman of the Senate’s Committee on Banking, Insurance and other Financial Institutions and also a member of Senate’s Committee on Foreign and Local Debts, was at the forefront of efforts to secure the approval of the ninth Senate and indeed the National Assembly for the loan for Kaduna State and he completely faults the position of the Senators from Kaduna State in the eight National Assembly.
“They were wrong in their assertion. Having checked the laws, the accounts and the performance of the Kaduna State Government, the World Bank was convinced that Kaduna State merits its support. Equally important is the integrity of the Governor of Kaduna State. While considering the request for the loan, the relevant committees in both chambers of the National Assembly factored in the unassailable integrity of Governor Nasir El Rufai, to approve the loan request”,  Senator Uba Sani said.
Pursuant to its oversight functions, the National Assembly is determined to monitor the disbursements of this loan for the intended projects as spelt out by the Kaduna State Government; but Senator Uba Sani who fully supports the planned monitoring by the National Assembly, insists that he does not nurse any fears or anxiety about the sincerity of the Kaduna State Government under Mallam Nasir El Rufai. “I have assured my colleagues in both the Senate and the House of Representatives that it is not possible for Mallam Nasir El Rufai, the Governor of Kaduna State to fail on the promises of his administration regarding the use or disbursement of the loan from the World Bank. I even insist that I, Senator Uba Sani be held liable if the Governor fails or disappoints. But of course I know Mallam Nasir El Rufai will never fail the people of Kaduna State. I am extremely happy and proud of the role some of us played in securing this loan for Kaduna State.
Sani disclosed that the World Bank and other ratings agencies have adjudged that Kaduna State can sustainably manage the credit which has a 10-year moratorium and a 40-year repayment period.
The Senator said that once accessed, the loan will be used to build community roads, primary schools, secondary schools, health centres, and generally improve the economy of such benefitting communities. “Like most Nigerians are already well aware, Mallam Nasir El Rufai has totally reworked Kaduna State. The State now boasts of top-notch infrastructures. This loan, once accessed, will enhance the efforts of the Governor in the on-going upgrade of infrastructures in the State. With the approval of the National Assembly for the loan from the World Bank, better times are coming for Kaduna State,” Sani added.
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