Kwankwasiyya questions proposed N55bn loan for Kano LGAs
The Kwankwasiyya Movement has questioned a reported plan by the Kano State Government to obtain a loan of about N55 billion through the state's 44 local government councils, demanding details of the proposed projects and how the debt would be repaid. The movement expressed concern that each council could be required to take on a […] Kwankwasiyya questions proposed N55bn loan for Kano LGAs
The Kwankwasiyya Movement has raised concerns about a proposed N55 billion loan from the Kano State Government, which would be obtained through the state's 44 local government councils. The movement wants more information about the proposed projects and how the debt will be repaid. Each council could be responsible for nearly N1.3 billion to fund Computer-Based Testing centers, an unspecified project, and an empowerment program.
The movement emphasized that the government must explain the necessity of the loan now and if existing budgetary provisions and public revenue could cover the projects. They also demanded details on how funds would be allocated and used, and urged the government to disclose the locations of the proposed CBT centers and the basis for their costs.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
