x

Governor Sokoto Denies Taking Any Loan To Execute Projects; Says BBC Report Misleading

By Muhammad Ibrahim, Sokoto

Sokoto State Governor, Ahmed Aliyu Sokoto PhD, fcna has denied taking any foreign loan to executive developmental projects for the State.

He made this known while reacting to a BBC Hausa Service report aired earlier today in which Sokoto was listed among the Northern States that have taken loan to execute developmental projects.

The governor, who expressed dismay over the inclusion of Sokoto State among the Northern States in the loan issue said his administration has never received any loan from anybody from within or outside the country.

“Let me make it categorically clear that i have never taken any loan from anybody since we came on board.

” I was shocked when i heard my State being listed among the northern States that have collected foreign loan in order to develop their States.

‘”The BBC report was indeed misleading, and i expect them to verify the information they claimed to have gotten from the Debt Management service before going on air.

“I challenge any individual or body that has any record where we applied or received any foreign or local loans to produce the document.

” You can’t take loan without following certain procedures including seeking approval from your State lawmakers, in our case there is nothing like that,”he declared.

The statement by the Press Secretary to the governor Abubakar Bawa also said that all the projects he has executed across the length and breadth of the State were funded through the monthly allocation from the Federation Account or the money realized from State internally generated revenue.

“For now, we don’t need any loan before we execute projects because we are managing the little resources of the State very well,” he said.

It could be recalled that the BBC Hausa service earlier on Monday reported that Sokoto State government is among the Northern States that have taken foreign loans to execute developmental projects..

It was wrongly reported that the present administration has taken a foreign loan amounting to 489 million dollars to execute meaningful projects across the State

Hot this week

The Unending Killings in the Northern Part of Nigeria

By Abu Jemimah LamiAddressing the unending killings...

IMF Plans Up to $50bn Support for Economies Hit by Middle East Conflict

The International Monetary Fund (IMF) says it may provide...

A’ibom: Ibeno Clan lampoons EPU Over “Political Tyranny”, Others

By Ogenyi Ogenyi,UyoThe Ibeno Clan Council, in Akwa Ibom,...

Activist Alleges Boko Haram Infiltration of Institutions, Calls for Probe in Borno

A Borno-based activist, Rev. Kallamu Musa Ali Dikwa, has...

ADC Crisis Deepens as Gombe-Led Faction Protests at INEC Headquarters

The leadership crisis within the African Democratic Congress (ADC)...

IMF Plans Up to $50bn Support for Economies Hit by Middle East Conflict

The International Monetary Fund (IMF) says it may provide...

UNIJOS Confirms Death of Two Students in Jos Violence

The Vice-Chancellor of the University of Jos, Tanko Ishaya,...

EFCC Arrests Alleged Fake Football Agent Over N11m Fraud

By Francis WilfredThe Economic and Financial Crimes Commission...

KEDCO Commissions 11kV Feeder to Boost Industrial Power Supply in Kano

The Kano Electricity Distribution Company (KEDCO) has commissioned an...

Delta Government Highlights Infrastructure Push as Driver of Growth and Stability

The Delta State Government says its ongoing infrastructure development...

Delta Partners Energy Firms to Improve Power Supply, Targets Expanded Electricity Access

Delta State Governor Sheriff Oborevwori has reaffirmed plans to...

Related Articles

Popular Categories

spot_imgspot_img