𝗘𝗹-𝗥𝘂𝗳𝗮𝗶 𝗟𝗲𝗳𝘁 $𝟱𝟴𝟳𝗺𝗶𝗹𝗹𝗶𝗼𝗻, 𝗡𝟴𝟱𝗯𝗶𝗹𝗹𝗹𝗶𝗼𝗻 𝗗𝗲𝗯𝘁𝘀 𝗜𝗻 𝗞𝗮𝗱𝘂𝗻𝗮; 𝗜 𝗖𝗮𝗻’𝘁 𝗣𝗮𝘆 𝗦𝗮𝗹𝗮𝗿𝘆 – 𝗚𝗼𝘃𝗲𝗿𝗻𝗼𝗿 𝗨𝗯𝗮 𝗦𝗮𝗻𝗶

𝗘𝗹-𝗥𝘂𝗳𝗮𝗶 𝗟𝗲𝗳𝘁 $𝟱𝟴𝟳𝗺𝗶𝗹𝗹𝗶𝗼𝗻, 𝗡𝟴𝟱𝗯𝗶𝗹𝗹𝗹𝗶𝗼𝗻 𝗗𝗲𝗯𝘁𝘀 𝗜𝗻 𝗞𝗮𝗱𝘂𝗻𝗮; 𝗜 𝗖𝗮𝗻’𝘁 𝗣𝗮𝘆 𝗦𝗮𝗹𝗮𝗿𝘆 – 𝗚𝗼𝘃𝗲𝗿𝗻𝗼𝗿 𝗨𝗯𝗮 𝗦𝗮𝗻i
The Kaduna State Governor, Uba Sani, on Saturday, lamented the huge debt inherited from his predecessor, Nasir El-Rufai, on May 29, 2023.
Sani said the state is now left with a few amounts, not enough to pay salary.
The governor made this known while addressing a Town Hall Meeting at the late Umaru Musa Yar’Adua Hall, Kaduna, according to PUNCH.
He added that his administration inherited a total of $587million, N85billion, and 115 contract liabilities from the ex-governor.
Despite this, he said he had yet to borrow money in the last nine months of his government, noting that the huge debt burden was eating deep into the state’s Federal Allocation.
The governor stressed that due to the rise in the exchange rate, he was paying back almost triple of what was borrowed by the administration of Nasir El-Rufai.
According to him, N7billion out of the N10billion Federal Allocation for the state in March was used to service debt.
The governor stated further that the state was left with N3 billion, an amount which he said was not enough to pay salary as the state monthly wage bill stands at N5.2billion.