Connect with us
X
Categories:

News

Barnabas Bala Bantex Apologises Over Remarks On World Bank Loan

The Terrorist!

Published

on

The Deputy Governor of Kaduna State, Barnabas Bala Bantex, has apologised over comments he made regarding the rejection of the $350 million World Bank loan request by the state government.

Hello!! Have you heard about the deadly virus called Coronavirus? No? See What It Is & How To Prevent It Here. Also Stay Connected & Get Latest Updates On Coronavirus Here. Please be safe! We LOVE You.


The Senate had rejected the $350 million World Bank loan, saying that the state already had an existing backlog of $231 million debt with a low internally generated revenue (IGR) status, adding that the facility would worsen the debt profile of the state.

The deputy governor, while representing Governor Nasir el-Rufai at the Law Week of the Nigerian Bar Association (NBA), Barnawa, Kaduna chapter on Monday, had said that the World Bank would not grant loan to any state if Kaduna is not included.
Bantex had also in an interview with journalists after declaring the event opened, said: “The World Bank are bugged with a moral issue. How do we deal with not approving or not giving out a loan for which a state government is fully qualified and approve to others, who I wouldn’t say are less qualified. That is the moral issue facing the World Bank.”

However, in a statement he personally signed on Tuesday, the deputy governor said in trying to highlight the issues surrounding the loan, during the NBA programme, he inadvertently strayed beyond affirming his sense of outrage.
“I wish to clarify statements I made yesterday (Monday) at a ceremony of the Barnawa branch of the NBA, regarding the World Bank loan for Kaduna State.
“As Deputy-Governor of Kaduna State, I am understandably unimpressed by the specious and unbecoming arguments that certain senators employed to deny my state a loan for which the World Bank had adjudged it eminently qualified” Batex said in the statement entitled “Clarification of Statement on World Bank loan.”
He said: “This same Senate passed loan requests for other states, including some that the World Bank has not yet approved.
“I therefore decided to point out the moral burden involved in refusing to endorse a loan request that had been approved for Kaduna State by the World Bank since 20 June 2017.

“If the World Bank’s positive assessment of the finances of a state is deemed irrelevant by the Senate, why would it accept the assessments made of other states by the same bank?”

According to him, “If the House of Representatives endorsed the loan based on the facts before the honourable members, why should the Senate let the frustrations of a few individuals lead them to abandon facts for sentiment?
“In trying to highlight these points, I inadvertently strayed beyond affirming my sense of outrage.

“It is certainly not for me to suggest how the World Bank chooses to relate with the Federal Government of Nigeria and its subnational entities.
“In fact, we do not wish the unfair treatment meted out to us on any other state or entity that is seeking development finance to build human capital and enhance their economic prospects.

“I regret the insinuations that came in off-the-cuff remarks I made after delivering the governor’s prepared text at the NBA event.
“It is neither my view nor that of the Kaduna State Government. These views have already been well articulated by the governor and the commissioner for finance.”


Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment
Reach us on WhatsApp via: +2348104471989

Don’t Miss!

Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.





Latest Exchange Rate

Donate To ANE!


Mind buying a coffee to support us here at All Naija Entertainment?. Yes?

Donate Now
News7 hours ago

Ondo Election: Police To Recreate Edo Feat – IGP

News7 hours ago

Edo: Obaseki dissolves PDP governorship campaign council

INEC Logo
News7 hours ago

Electronic Voting: INEC Commences Plans, Meets Manufacturers

Laycon BBNaija
Entertainment2 days ago

BBNaija 2020: Laycon emerges winner of N85 million grand prize

Hoffenheim beats Bayern Munich 4-1
Sports2 days ago

Hoffenheim beats Bayern Munich 4-1, breaks 32 matches unbeaten run

Nengi BBN
Entertainment2 days ago

BBNaija 2020: “I never liked Kiddwaya” – Nengi

Laycon Nengi
Entertainment2 days ago

BBNaija: Laycon advises Nengi on Ozo

Nengi and Ozo
Entertainment2 days ago

BBNaija 2020: My friendship with Ozo is over – Nengi

Erica BBN White Party
Entertainment2 days ago

BBN 2020: Erica Missing At All-white Party After Preparation For Show

Dorathy
Entertainment2 days ago

BBNaija: Dorathy reveals feelings for Kiddwaya, Brighto

Ole Gunnar Solskjaer
Sports2 days ago

Brighton 2-3 Man United: Why I Was Angry With Rashford – Ole Gunnar Solskjaer Reveals

Buhari
News2 days ago

SERAP hands Buhari ultimatum to prosecute 103 high-profile corruption cases

John Enenche
News2 days ago

We lost 18 people during attack on gov Zulum’s convoy ― DHQ

Nyesom Wike
News2 days ago

Rivers: Wike Promises Early Completion Of 258-bed Mother, Child Hospital

Francis Waive
News2 days ago

Water Resources Bill Is Northern Agenda To Tighten The Noose On The South – House Of Reps Member

Granit Xhaka
Sports2 days ago

I Wouldn’t Be With Arsenal Without Mikel Arteta – Granit Xhaka

Gareth Bale Tottenahm
Sports2 days ago

I Love Tottenham With All My Heart – Gareth Bale

Peter Obi
News2 days ago

Peter Obi Break Silence On Viral 2023 Campaign Posters

ZLP logo
News2 days ago

Ondo Guber 2020: ZLP Denies Plan To Collapse Structure Into Another Party

Lai Mohammed
News2 days ago

Labour: Planned Strike Can Only Bring More Hardship For Ordinary Nigerians – Lai Mohammed

ANE Billboard Hots!



Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.





Copyright © All Naija Entertainment.

css.php