, announced he inherited a debt burden of $587 million, N85 billion and 115 contractual liabilities from the administration of his predecessor, Nasir El-Rufai. It wasn’t a casual disclosure but a cry from the heart about how lamenting that the massive debt had hobbled the state’s federal allocation and made it virtually impossible to pay salaries. Sani’s disclosure has set off a slew of questions from the state’s stakeholders.
Indeed, days before that, labour leaders had threatened. They wanted what the President Bola Tinubu had promised: their wage awards. If he did not pay, the state would be shut down. Other states were now basking in the new boon. Why were they going to be out of the loop of that stingy prosperity? Strikes therefore loomed. The governor could sit and watch or he could act.
2) Even though the work has not been completed, contractors have been issued certificate of completion, which means they should be paid what they are asking for, that is the sum of N115 billion. 6) A month to handover to the new administration of Uba Sani, then Governor El-Rufai obtained a loan of N20 billion and tied it to the state’s Internally Generated Revenue . This deprives the state of internally generated revenue until the loan is paid off.
10) N10 billion from the Central Bank of Nigeria for nomads to establish a ranch and a community. Much of it abandoned. A company Arla was supposed to obtain its dairy from them for processing and marketing. Skipper, an SPV associated with Jimi Lawal, was coordinating this on behalf of the state government.
“We really wanted to go on industrial strike,” said NLC Kaduna State chairman Ayuba Suleiman, adding that his union wrote the government several letters. “It’s about transparency,” said Abubakar Mustapha, former Head of Service. “For the governor to say this is the financial situation but he’s incapacitated.”
In the early days of this tenth Assembly, the matter almost came to a boil when two lawmakers, Sam Kambai and Henry Marah, were asked out of the chambers because of their insistence on investigating the finances of the former governor. “If Mallam has approval, let him provide it,” asserted a senior lawmaker. “You need the majority of the lawmakers to approve the loans either local or external.”
“It is because of their friendship that he was trying to tell lawmakers to allow him handle the situation without public noise,” said another lawmaker.“Uba Sani was in Abuja when Nasir was mismanaging the finances. If a man gives you a job, he will not perform it for you,” said an aide to the governor.
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Source: DailyPostNGR - 🏆 11. / 59 Read more »