VANGUARD
Mallam Hamzat Lawal, the Chief Executive Officer of Connected Development (CODE), has revealed why his organisation and another civic establishment, BudgIT, wrote the World Bank concerning the $ 800 million loan sought by the Nigerian government.
The federal government had in April announced its plan to secure the World Bank loan to be disbursed to about 50 million vulnerable Nigerians or 10 million households as part of its fuel subsidy palliatives measures.
The move caused outrage in the country, considering the mounting debt profile of the Buhari administration.
Speaking on Hard Copy, an interview programme on Channels Television, Mallam Lawal noted that the government’s decision not to carry along other stakeholders was in bad taste.
He said:
”It was a shock. It was surprising that there was little dialogue between civil society, government, and even other partners on specifically what this money would be achieved with.
”It created that very toxic environment in the digital and mainstream media space, and that’s why, as civic organisations, we (CODE and BudgIT) jointly reached out to the World Bank…
