I Inherited $587m, N85bn Debt From El-Rufai’s Govt — Gov Sani

Related stories

OPEC+ Surprises With Oversized Output Hike

OPEC+ will ramp up oil production more aggressively than anticipated...

2027: Okpebholo, Oborevwori, Eno, Edet, Others Rally Support for Tinubu

By Abiola Olawale The All Progressives Congress (APC) in the...

Amid Several National Grid Collapse, Power Minister Adelabu Unveils Ambition to Succeed Makinde in Oyo

Kicks Off State-wide Consultations By Abiola Olawale Minister of Power,...

Osun Guber: Davido’s Uncle, Adeleke Quashes Defection Rumours

Says he stands firm with PDP By Abiola Olawale Osun...

Zamfara 2027: Intrigues As ADC Extends Invitation to Governor Dauda Lawal

Governor Weighs options In what has been described as...

By Agency Report

Governor Uba Sani of Kaduna State has said that he inherited a huge debt burden of $587m, N85bn and 115 contractual liabilities from the immediate past administration of Nasir El-Rufai, lamenting that the huge debt has eaten deep into the state’s federal allocation.

The governor, who disclosed at a town hall meeting on Saturday, to give account of his stewardship, said he remained resolute in steering Kaduna to the path of progress using the available lean resources.

In attendance at the meeting were traditional rulers and religious leaders, politicians, members of the Organised Labour, civil society organisations, youths and women groups. Also present include a former governor of Kaduna State, Ramalan Yero; a former Chief of Defence Staff, General Martin-Luther Agwai; members of the Kaduna State Executive Council, as well as members of the House of Assembly led by the Speaker, Yusuf Liman.

Governor Sani, accompanied by his deputy, Hadiza Balarabe, acquainted the audience with the state’s revenue profile and the debt left behind by his predecessor.

The governor also touched on the key priority areas of his government, including security, housing, education, healthcare and support for micro, small and medium enterprises.

The Commissioner of Finance, Shizzer Bada, made a presentation on what the state gets from the federal allocation and what is being deducted from it to service the huge debt left by the past administration.

While his Budget and Planning counterpart, Muktar Ahmed, touched on the number of contractual liabilities whereby contractors engaged by the former government abandoned projects after collecting money.

Notwithstanding the huge debt burden he inherited, coupled with the number of contractual liabilities, Governor Sani assured the people that he would keep his eyes on the ball in steering the state towards the part of progress and sustainable development.

Credit: Channels Tv

The New Diplomat
The New Diplomathttps://newdiplomatng.com/
At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
OPEC+ Surprises With Oversized Output Hike2027: Okpebholo, Oborevwori, Eno, Edet, Others Rally Support for TinubuAmid Several National Grid Collapse, Power Minister Adelabu Unveils Ambition to Succeed Makinde in OyoOsun Guber: Davido's Uncle, Adeleke Quashes Defection RumoursZamfara 2027: Intrigues As ADC Extends Invitation to Governor Dauda Lawal$4.2m Covid-19 Scam: Nigerian Pastor Goes to Jail, Osun Monarch, Oloyede Forfeits Assets in US As Crackdown BeginsNatasha Akpoti-Uduaghan: Senate Stipulates Terms for Reinstatement After Court's RulingTinubu Departs Saint Lucia, Heads to Brazil for BRICS Summit2027: Drama, Intrigues as Julius Abure Tells Otti to Quit Labour PartyFG Secures $100m for Lagos-Calabar Project from ECOWAS BankEx- Arsenal Star Thomas Partey Faces Rape, Sexual Assault Charges in UKEdwin Cortes: Prefers Being A Small Puerto Rican Than Big AmericanJune 12 And The International Pursuit of Justice For Abiola, By Femi FalanaBreaking Down the West’s $146 Billion 2024 Defence Technology InvestmentG7 vs. the World: GDP, Population, and Military Strength
X whatsapp