Governor Sani said the huge debt obligation was eating deep into the state’s federal allocation.
Kaduna State Governor Uba Sani has lamented that his predecessor, Nasir El-Rufai, plunged the state into huge debt that has now handicapped him from meeting salary obligations to workers.
According to Sani, his administration inherited a huge debt burden of $587 million, ₦85 billion, and 115 contractual liabilities from the immediate past government.
He disclosed this while speaking at a town hall meeting in Kaduna on Saturday, March 30, 2024.
The Governor explained that the huge debt burden was eating deep into the state’s federal allocation, as ₦7bn out of the ₦10bn federal allocation in March was deducted to service the state’s debt.
Sani further noted that his administration was left with a paltry ₦3bn, a ridiculously inferior amount to the state’s monthly salary bill, which stands at ₦5.2 billion.
