TOP STORY: Ganduje’s administration left over N241bn debt, says Abba Yusuf | TheCable
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Ganduje, who was represented by Usman Alhaji, secretary to the state government, at the inauguration ceremony, gave a brief breakdown of a report of the activities of his administration from 2015-2023. “The current state debt profile is expressed hereunder, the Kano State Banking Funds Trustees which has accumulated an amount of N75.6 billion for Kano state, it is N9.2billion, for local government is N66.3 billion, that’s what gave a total of N75.6 billion.“There are also tax deductions, the pensions contract liability which stands at N4.5 billion. Then the total debt stock, internal and external stands at N123.3 billion. So, the total liability as of 31st December 2023 stands at N241.
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