Oodua Peoples Congress (OPC) has commended the House of Representatives for embarking on an investigation of the 1.5 billion dollars Chinese loan, saying the step taken by the Lower Chamber has affirmed its members as true representatives of the people and not merely a group of political jobbers and rubber stamp to the executive arm of government.
OPC gave this acknowledgement on Wednesday in a statement by its Publicity Secretary, Yinka Oguntimehin, noting that the ongoing probe would expose the Federal Government’s sinister motive of mortgaging the future of the country with the Chinese government.
The OPC spokesperson, while faulting the loan procedures, said it thus appeared that the Muhammadu Buhari government was deeply interested in mortgaging the future of the country, declaring that the present economic situation in the country does not allow such loan arrangements.
“Let me commend the National Assembly for this bold step. It really shows that they are truly the representatives of the people. They are actually not the usual ‘rubber stamp’ Assembly.
“However, as an organization that is poised to correct the ills of the society, OPC had earlier raised its voice against the purported loan from China, but with the ongoing probe, it is obvious that members of the House of Representatives are up and doing in their jobs as the true representatives of the people,” he said.
“I am always worried about the policy programme and direction of this government. The Chinese loan arrangements have generated a lot of controversies simply because of its procedure, which by all means is never in the interest of the entire country. So, why is the Federal Government keen on embarking on a journey that could lead Nigeria to become eternal borrowers and losing the nation’s sovereignty to China?” he queried.
“Nigeria is not Zimbabwe or other East African countries, that is why we must applaud members of the National Assembly for initiating this probe so as to check the excesses of the executive arm of government, especially, from this misdirection and financial recklessness,” he added.
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