8.5 C
New York
Thursday, March 28, 2024

Kano Governor Kwakwanso Is Leaving A N105 Billion Debt Profile – Governor-elect Ganduje

Must read

Outgoing Governor of Kano State, Rabiu Kwankwaso, is going to be handing over the affairs of the state to the governor-elect, Abdullahi Ganduje, in every sense of the word and this includes a N105 billion Naira debt incurred by his administration.

The deputy governor-elect, Professor Hafiz Abubakar, led transition team made this known to the governor-elect and current deputy governor of the state while presenting its report. The outstanding debts is meant to be payment for 2, 715 uncompleted projects in the state. The chairman of the committee said that the state government had paid the contractors an initial N202.5 billion out of the N313 billion cost of projects

According to Abubakar, the GovernorIbrahim Shekarau led administration had also left 665 projects which were valued at N 72 billion for the current state government at the time they took over.

“Out of the amount, the government has paid over N40 billion leaving an outstanding payment of N33.2 billion,” he said.

According to him, there is also unpaid approved vouchers of more than N20 billion at the office of the Accountant-General.

“There are 7,494 recently employed civil servants whose names are yet to be on the payroll of the state government. These civil servants have an, outstanding salaries of over N789 million,” he said.

He further stated that the state  government had expended N418.1 billion out of the N419 billion it had received from the Federation Accounts in the last four years.

“Similarly, out of the N346.5 billion the 44 local governments received from the Federation Accounts, N346.2 billion was expended,

“By this report, it means we have very huge challenges to contend with., We need the understanding of people of Kano state as we have already started the austerity journey.” he said.

The governor elect thanked the committee for a job well done adding that the report would help to serve as a guide, precaution, source of inspiration and determination to direct the cause of the new government.

More articles

- Advertisement -The Fast Track to Earning Income as a Publisher
- Advertisement -The Fast Track to Earning Income as a Publisher
- Advertisement -Top 20 Blogs Lifestyle

Latest article