Kano deputy governor and Ganduje clash over N300 billion debt inheritance

Kano deputy governor and Ganduje clash over N300 billion debt inheritance

Governor Yusuf’s administration has taken steps to address the issue of unpaid salaries and has allocated N6 billion for disbursing retirement gratuities, particularly for the families of deceased retirees.

The first beneficiaries will be junior staff from levels one to six.

The state aims to clear all outstanding gratuities within the next two years.

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Gwarzo also mentioned that when they took office, the government inherited a state with significant debt, which was initially estimated at N300 billion but is now approaching N500 billion.

He stated that after a complete assessment, the total debt would be made public, informing the residents of Kano State.

Former Kano State Commissioner for Information, Mohammed Garba, responded to the claims by emphasizing that taking loans is a normal practice and not a crime.

He noted that while he couldn’t confirm the exact amount borrowed by the previous administration, the crucial aspect is how the funds were utilized for the benefit of the state.

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Garba pointed out that the previous government had initiated various infrastructure projects.

However, he also raised concerns about the current administration taking on substantial loans, with approval for additional loans already in progress, suggesting that Kano State’s debt could potentially exceed N1 trillion by the end of their term.

The issue of the state’s financial obligations and debt management remains a topic of concern in Kano, with ongoing scrutiny and discussions surrounding the inherited financial challenges.