Zamfara gov’t clarifies DMO report on loans, says It didn’t borrow N14.26bn

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Zamfara State Governor Dauda Lawal refutes allegations of borrowing N14.26 billion, clarifying the state's financial position amidst reports from the Debt Management Office. Read more for insights into the state's debt situation.

Zamfara State Governor, Dauda Lawal, has said that he has never approached the Debt Management Office for any loans since the inception of his administration on May 29, 2023. “We want to make a clarification on the position of the Debt Management Office report that the Zamfara State government borrowed N14.

“It is important to note that the previous Zamfara State government floated a N20 billion bond but failed to collect the total amount. “The balance of N16 billion out of the N20 billion borrowed by the past administration is the N14.26 billion captured by the Debt Management Office. The value is reduced due to inflation.

A 15-year-old girl, simply identified as Miracle Ogbonna, was reportedly electrocuted while fetching water at the Olomore Housing Estate area of Abeokuta, Ogun. The Nigeria Suicide Advocacy Group, has called for the decriminalisation of suicide to advance suicide prevention and control in Nigeria.

 

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