A statement by the spokesman of the State Governor, Sulaiman Bala Idris, disclosed that no domestic or external loans have been borrowed since Governor Dauda Lawal took over office. “We would like to clarify the Debt Management Office, DMO report that the Zamfara State Government borrowed N14.26 billion Naira', the statement added.
“Zamfara State Government has never applied for loans or approached the State Assembly or National Assembly for such a request' “It is important to note that the previous Zamfara State government floated a N20 billion bond but failed to collect the total amount' “The immediate past government received N4 billion naira out of the 20 billion loans requested for the Zamfara cargo airport project, though the funds were not utilized.