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Anchor Borrowers’ Loan: DSS Uncovers Plot To Stage Violent Protests

LEADERSHIP News by LEADERSHIP News
3 years ago
in News
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The Department of State Services (DSS), said it has uncovered plot by some politically exposed persons to stage violent protests across the country to discredit the federal government and security agencies over sundry socio-economic matters.

President Bola Tinubu had last week directed the security agencies to recover all loans connected to the Central Bank of Nigeria-funded Anchor Borrowers Programme.

LEADERSHIP had reported that the president gave the directive after investigations revealed that about N577 billion out of the total sum of N1,103 793 587 359.70 trillion given out as loan were still yet to be refunded.

Investigation showed that some of the defaulters of these loans are state governments, individuals, farmers associations, financial institutions and while some have made efforts to return the money borrowed some others have totally defaulted and laid claim to some stories on how the monies were lost two investments.

In a statement signed by DSS spokesperson, Dr Peter Afunanya, the service said “intelligence reports have indicated that the plotters include certain politicians who are desperately mobilising unsuspecting student leaders, ethnic based associations, youth and disgruntled groups for the planned action.”

Part of the statement reads that the DSS “Intelligence reports have indicated that the plotters include certain politicians who are desperately mobilising unsuspecting student leaders, ethnic based associations, youth and disgruntled groups for the planned action.

“Meanwhile, the Service has identified the ring leaders of the plot as well as sustained monitoring around them in order to deter them from plunging the country into anarchy.

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“In view of this development, university vice-chancellors and heads of tertiary institutions are advised to discourage their students from engaging in acts capable of derailing public peace.

 

“Also, parents and guardians are enjoined to admonish their children and wards respectively to shun the lure of participating in inimical behaviours or conducts against law and order.

 

While the DSS is aware of government’s efforts and determination to resolve some of the challenges confronting the nation, it warns those desirous of subverting national security to retrace their steps. This is more so that it will not hesitate to legally come against persons and groups behind the devious plans.”

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