- Kalu emphasized the necessity of borrowing from external sources
- Kalu highlighted the need for collaboration between the legislature and the executive
- He said, “If this economy did not borrow, it would collapse, that’s the truth
Senator Orji Uzor Kalu, during an interview on Channels Television’s Politics Today on Monday, expressed his belief that the current presidency’s economic policies necessitate borrowing from the international economic system in order to survive.
The Senator, representing Abia North, further defended the integrity of the National Assembly, asserting that it is not a ‘rubber-stamp’ institution, as every law passed by lawmakers must undergo due process.
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He said, “There’s no law made under the NASS that did not take its course.”
Addressing Nigeria’s economic situation, Kalu emphasized the necessity of borrowing from external sources in order to ensure the nation’s progress and prevent potential economic collapse.
He said, “If this economy did not borrow, it would collapse, that’s the truth. The Committee on foreign debts and local debts used to scrutinise a lot, and I am not a member of that committee.
“You know, these jobs are done at the Committee level. I have just told you that any law made has taken its course, and I am satisfied.
Kalu highlighted the need for collaboration between the legislature and the executive, arguing that Nigerians expecting conflict between these branches of government reflects a lack of maturity.
He said, “What you people want to see is that we are fighting with the executive, but we are adults. For the interest of Nigerians, we have the mechanism to safeguard that fight. There are a lot of Bills that we sent back.
“We are mature; we don’t have to come telling you that we are fighting… If we look at this one, we say ‘Yes, it would work’ and ‘No’. You saw what happened in the tax Bill; it took its course well. Actually, the day we passed the Tax Bill, I went to Akpabio’s house to congratulate him.”
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