Kaduna pays N6.7bn monthly on inherited loans, says Uba Sani
Kaduna State Governor Uba Sani reveals his administration pays N6.7bn monthly to service inherited loans, a payment set to continue until 2048. Read More: https://punchng.com/kaduna-pays-n6-7bn-monthly-on-inherited-loans-says-uba-sani/
Kaduna State Governor Uba Sani revealed that his administration is responsible for paying N6.7 billion monthly to service loans that were inherited from the previous administration. This payment, according to Sani, will continue until 2048. The governor, who has not borrowed any funds since taking office, emphasized his administration's prudent financial management.
He affirmed that he has not complained about the financial situation he inherited and that the monthly debt repayment would extend for over two decades. Sani's statements were based on data from the Debt Management Office and could be verified. He also expressed gratitude to President Bola Tinubu for his support, stating that he relies on data and statistics in his communications.
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