Wike taking loans for FCT without National Assembly approval – Kingibe alleges

The senator representing the Federal Capital Territory, FCT, Ireti Kingibe, has alleged that the FCT Minister, Nyesom Wike, has been taking loans for the nation’s capital without the approval of the National Assembly.

Kingibe made the allegation on Tuesday during an interview with Channels Television’s Political Paradigm.

She was discussing the FCT administration, the Abuja master plan and the oversight responsibilities of the National Assembly.

According to her, records from the Debt Management Office, DMO, indicated that loans had been taken for the FCT between August 2023 and March 2026, despite Wike not appearing before the Senate to seek approval for such borrowing.

“I am definitely saying Wike has been taking loans without the approval of the National Assembly.

“I’m sorry to say, with all due respect to the Senate, of which I’m a member, we’re supposed to oversee him.

“We’re supposed to approve, and I have brought to the attention of the leadership of the Senate that the FCT is borrowing money.

“I have never seen Wike come to the National Assembly, come before the Senate, to ask for approval for anything. He comes before the FCT Committee, and that’s the only time it ever sat,” she said.