By Tordue Salem
ABUJAâ€”The Federal Government has begun piling up fresh loans from the Bretton Woods Institutions, as the House of
Representatives yesterday approved a $500 million World Bank loan expected to â€œfinanceâ€ the amnesty project, fix
rail lines in six cities, among other things contained in the supplementary budget to be implemented next year.
President Umaru Yar’Adua had in a letter to the National Assembly on July 27,Â urged the National Assembly to
â€œendorse the Emergency Supplementary Expenditure to effectively respond to current challengesâ€
The House, in passing the supplementary budget approval expected to be financed by the World Bank loan, recalled
that the â€œ2009 Appropriation Act inadvertently omitted or insufficiently provided for certain items.â€