The Governor of Kaduna State, Senator Uba Sani has said that the former Governor of the state, Nasir Ahmad El-Rufai and his administration left a backlog of over 587 million Dollars, 85 billion Naira in debt in the state.
Sani disclosed this in Kaduna on Saturday while addressing a Town Hall Meeting said, the huge debt burden is eating deep into the State’s Federal Allocation.
Sani lamented due to the rise in the exchange rate, Kaduna State is paying back almost triple of what was borrowed by the administration of Nasir El-Rufai.
“Despite the huge debt burden of 587 million Dollars, 85 billion Naira, and 115 Contractual Liabilities sadly inherited from the previous administration, we remain resolute in steering Kaduna State towards progress and sustainable development. We have conducted a thorough assessment of our situation and are sharpening our focus accordingly.
“It gladdened my heart to inform you that, despite the huge inherited debt on the state, till date, we have not borrowed a single kobo.
“The Key priority areas of our government include Safety and Security, Housing, Education, Healthcare, and Support for Micro, Small, and Medium Enterprises (MSMEs). We are also prioritizing inclusive development by investing in human capital, stimulating the economy, and providing affordable housing,” the Governor added.
