The Zamfara government on Monday denied taking a N14.2 billion loan, as indicated in a report by the Debt Management Office . A statement issued in Gusau on Monday by Sulaiman Idris, Senior Special Assistant to the Governor on Media and Publicity, debunked the claim it described as false. “This is to clarify the DMO…The Zamfara government on Monday denied taking a N14.2 billion loan, as indicated in a report by the Debt Management Office .
According to the statement, the sum of 14.26 billion, as stated in the DMO report, was not borrowed by Gov Lawal’s administration. “The balance of N16 billion out of the N20 billion borrowed by the past administration is the N14.26 billion captured by the DMO. The value is reduced due to inflation. The Edo State Government has said it is leveraging technology to boost investment inflow into the state, facilitate ease of doing business and promote business growth through the land administration reforms by the Governor Godwin Obaseki...
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
N14.26bn Not Borrowed But Proceeds Of N20bn Loan By Predecessor“It is important to note that the previous Zamfara State Government floated a N20 billion bond but failed to collect the total amount.'
Source: channelstv - 🏆 7. / 63 Read more »
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Source: thecableng - 🏆 2. / 80 Read more »