Nasarawa State Commissioner for Finance, Budget and Planning, Haruna Adamu Ogbole, yesterday disclosed that the state was currently indebted to over N50 billion.
Ogbole stated this while fielding questions from journalists during the 2021 budget breakdown at the state ministry of finance headquarters in Lafia, the state capital. “The state is currently indebted to the tune of over N50 billion, and we have started payment gradually because we have a frame work for that,” Ogbole said.
He further disclosed that N7.64 billion has been set aside in the 2021 budget to commence the repayment of the debt which spread across five years.This was even as Ogbole continued that the state government has allocated the sum of N7.01 billion to the Consolidated Revenue Fund Charges in the 2021 budget for debt servicing and gratuity.
Yet there is nothing to show for it. I think EFCC should call Adamu et al again