Kaduna State's Financial Liabilities and New Governor's Determination

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Kaduna State,Financial Liabilities,Governor

The ex-governor of Kaduna State reveals the state's financial liabilities, while the new governor expresses determination to overcome challenges and improve the state's situation.

According to ex-governor El-Rufa'i,“As of the last financial year, Kaduna State has the following liabilities -Domestic debt: N64.54bn; other contingent liabilities: N16.06bn and foreign debts: US $577.32m.

”When he assumed the mantle of leadership as the executive governor of Kaduna State by taking over from his predecessor, Mr Nasir el-Rufai on the 29th of May 2023, the immediate past Senator representing Kaduna Central, Mr Uba Sani was not unaware of the global economic realities, particularly the financial standing of the state he aspired to govern. But, like other great leaders of national and international repute he accepted the daunting challenge to lead Kaduna to a greater height. Despite his predecessor’s scary valedictory speech, which exposed Kaduna as the second most indebted state in Nigeria, Mr Sani in his inauguration address gave hope to the citizens of Kaduna State. Even when he acknowledged the challenges he was inheriting, he expressed belief in his knowledge, commitment and determination to navigate the state out of troubled water

Kaduna State Financial Liabilities Governor Challenges Determination

 

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