The lawmakers in their comments on the request agreed that such loan facility from the federal government was necessary and timely as many States recorded huge loss during the pandemic.
According to Hon Akeem Adedibu (Chief Whip), Hon Babajide Gabriel (Ib. North 2), Hon Bamidele Adeola (Iseyin/Itesiwaju) and Hon Ayo Fatokun (Akinyele 1), since all the States are to access the loan facility, Oyo State should not be left out.
They however urged the State Government to expend the loan on developmental projects selected across all the senatorial districts in the State.
In his reaction, the Minority Leader, Hon Asimiyu Alarape who also suggested that the loan facility be used to develop key sectors, nonetheless urged the State Government to wary of the consequences of too many loans.
The Speaker, Hon Adebo Ogundoyin said it was thoughtful of the Government at the center to give financial support to the State Governments considering the scale of projects lined up in the various States.
Hon Ogundoyin assured that the House through its Committee on Public Account and Appropriation will perform its oversight function by monitoring the accessing and the spending of the loan in order to ensure that it is used enhance the infrastructural development of the State