Kaduna State Government denies borrowing N36 billion, stating it only repays inherited loans.

The Kaduna State Government has refuted claims of borrowing N36 billion in the last six months, labeling the reports as false and misleading. Commissioner Mukhtar Ahmed stated that the government is only repaying loans inherited from the previous administration, which have increased in value due to the devaluation of the naira. The current administration under Governor Uba Sani has not taken on new debt and is committed to financial transparency and economic improvement.

October 05, 2024
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