El-Rufai left $587m, N85b debts for us, Kaduna gov, Sani laments
The governor of Kaduna State, Mr Uba Sani has said the huge debt inherited from his predecessor, Nasir El-Rufai when he took over the baton of leadership on May 29, 2023 has been a huge burden to his administration.
According to Sani, following the staggering debt, Kaduna state is now left with a few amounts, not enough to pay the salaries of workers.
He disclosed this while addressing a town hall meeting at the late Umaru Musa Yar’Adua Hall, Kaduna.
He explained that N7 billion out of the N10 billion federal allocation for the state in March was deducted to service the state’s debt.
The governor further lamented that the state was left with N3bn, an amount he said was not enough to pay salaries, as the state’s monthly salary bill stands at N5.2 billion.
Sani said despite the debt inherited, his administration had not borrowed “a single kobo” in the last nine months of his government.
“Despite the huge debt burden of $587 million, N85 billion, and 115 contractual liabilities sadly inherited from the previous administration, we remain resolute in steering Kaduna State towards progress and sustainable development.
Related Posts
“We have conducted a thorough assessment of our situation and are sharpening our focus accordingly. It gladdens my heart to inform you that despite the huge inherited debt on the state, till date, we have not borrowed a single kobo,” he said.
Senator Sani further said the major priority areas of his government include safety and security, housing, education, healthcare, and support for Micro, Small, and Medium Enterprises (MSMEs).
He said his government would also prioritize inclusive development by investing in human capital, stimulating the economy, and providing affordable housing.
