Kaduna State Governor Uba Sani has laid the blame for his administration’s inability to pay employee salaries on the enormous debts he claimed he inherited from Nasir El-Rufai’s administration.
Sani made this claim on Saturday during a town hall meeting in Kaduna.
The governor claimed that his predecessor left his administration with a massive debt load of $587 million, N85 billion, and 115 contractual obligations.
According to him, the state’s debt was serviced by taking N7 billion of the N10 billion federal allocation for Kaduna in March.
Sani claimed that because the state’s monthly salary bill was N5.2 billion, the N3 billion that the state still had left over was insufficient to cover salaries.He claims that the state is currently repaying nearly three times as much as it borrowed during the previous administration due to the increase in the exchange rate.But he pointed out that in the previous nine months, his administration had not borrowed a single kobo, even with the debt inherited.”We remain resolute in steering Kaduna State towards progress and sustainable development,” stated Sani, “despite the huge debt burden of $587 million, N85 billion, and 115 contractual liabilities sadly inherited from the previous administration.”
“We have carefully evaluated our circumstances and are narrowing our focus as a result.He said, “It brings me great pleasure to tell you that, in spite of the enormous amount of inherited debt on the state, we have not borrowed a single kobo to date.”
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