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Shehu Sani, a former Senator who represented Kaduna Central, said the debt burden of Kaduna state was as a result of the former governor Nasir El-Rufai’s acquisition of loans, creating a multi-million dollar debt burden.
Shehu Sani recently commented on the statements made by Governor Uba Sani of Kaduna State.
The Governor had mentioned that his administration inherited a significant debt of $587 million, N85 billion, and 115 billion Contractual Liabilities from the previous administration which had made it difficult to pay salaries.
Sani while speaking with newsmen said “I was insulted for saying no to that loan. The hour of reckoning is here for every person in Kaduna state.
“I warned the people of this state, but they were told that the money will bring paradise , land of milk and honey.”
“Today, you can see the problems at hand as far as that loan was concerned. If you look at what I said about this state, there has never been any of my predictions that has not come to pass.Today the state is strangulated because of that money which we couldn’t pay,” he said.
Sani, lamented that, due to the rise in the exchange rate, Kaduna state is now paying back almost triple of what was borrowed by the previous administration of Nasir Ahmed El-Rufai.
According to him, seven out of the N10billion Federal Allocation for the Kaduna State in March, was deducted to service the State’s debt.
The Governor further lamented that the state was left with N3billion, an amount which is not enough to pay salary, as the state’s monthly salary bill stands at N5.2 billion.
