Governor Sani says his administration inherited $587 million, N85 billion, and 115 contractual liabilities from the administration of Mr El-Rufai.
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Mr Sani lamented that due to the rise in the exchange rate, the state is now paying back almost triple what was borrowed by the previous administration.In an apparent reaction to Mr Sani’s remark, the son of the former governor, Bello El-Rufai, in a tweet on X said the governor was only trying to cover his administration’s incompetence.
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. “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.
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