Kaduna State: The debt dilemma and paradox of governance, By Adamu Rabiu

Kaduna State: The debt dilemma and paradox of governance, By Adamu RabiuHard hit by climate change, farmers in Nigeria’s ‘food basket’ face new foesINVESTIGATION: Beautiful infrastructure but poor staffing, lack of drugs hinder PHC services in Borno communitiesKaduna State: The debt dilemma and paradox of governance, By Adamu RabiuWhat is particularly alarming is the role played by the incumbent resident of Kashim Ibrahim House, the seat of government in the state, who, prior to his accession,...

Are there outstanding Accrued Rights Benefit in the Contributory Pension Scheme of pensioners and families of deceased staff?, includes a seven-point agenda focusing on the development of the state in terms of the following: Safety and Security, Upgrade of Infrastructure, Strengthening of Institutions, Trade and Investment, Agriculture, Investment in Human Capital, and Nurturing Citizen Engagement.

Once the indicative thresholds show a positive sign, governments at all levels feel they have the capacity to secure debts, which is actually wrong. The governor’s ascent to power was facilitated by his predecessor, and his administration comprises key individuals and members of the past administration, who we are told will help with institutional memory, policy formulation and implementation from the same political circle, however raising questions about their complicity in the state’s financial mismanagement.

Averagely, the state’s monthly FAAC receipt is N10 billion and about N7 billion of this gets consumed by debts servicing and repayment, leaving a huge N3 billion for essential expenses. But alas, its a struggle to honour the monthly salary obligation of N5.2 billion to less than 100,000 of its workforce, with the rest of 10 million citizens left with nothing to cater for their welfare.

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.

APC suspends state women leader in KadunaThe Kaduna State chapter of the All Progressives Congress (APC) in Badarawa/Malali ward has suspended Hajiya Maryam Mai-Rusau, the State Women leader for reportedly defending former Gov. Nasir El-Rufai over the alleged recent controversy on the state’s huge debt.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Kaduna State Governor Reveals Massive Debt BurdenKaduna State Governor, Uba Sani, discloses a debt burden of $587 million, N85 billion and 115 contractual liabilities inherited from his predecessor, Nasir El-Rufai, causing financial constraints and difficulty in paying salaries.
Source: TheNationNews - 🏆 6. / 69 Read more »