Chairman of the senate committee on local and foreign debts, Shehu Sani has cautioned states government against collecting “unnecessary loans.”
Hosting the country director of the World Bank, Dr. Rachid Benmassoud, Sani stressed the need for the judicious use of loans borrowed by government at all levels.
“I want to call on the federal government to discourage state government from borrowing under Development Policy Operation. We want to see future borrowings tied to specific projects for accountability and transparency.