Niger Gov-elect Inherits N56bn Debt From Gov Aliyu

8 years ago

Niger Gov-elect Inherits N56bn Debt From Gov Aliyu

The Niger State All Progressives Congress (APC) Transition Committee that interfaced with that of the outgoing PDP-led government in the state has disclosed that the government of Dr Muazu Babangida Aliyu will be handing over a debt profile of N56billion to the incoming government.

This is coming as the committee led by the deputy governor-elect, Alhaji Mohammed Ahmed Ketso, submitted its report to the governor-elect, Alhaji Abubakar Sani Bello at the Presidential Lodge, Minna yesterday.

Based on the report, the governor-elect asked the party men to be ready to make sacrifices to save cost in doing government business when they take over, even as he said the situation calls for concern.

The committee in its report noted that it reviewed the debt profile of the outgoing government and discovered therein that the debt when put together stands at N56billion.

The governor-elect, visibly concerned about what he will be inheriting, said, “I believe each and every one of us is concerned about the situation of Niger State as it is today. It is not about what we will get as individuals but it’s about how we position ourselves for the future; there is the need to establish new means of generating funds, new ways of managing resources”.

“We do not have too much money to spend for the committees because like you said, we are inheriting over N56billion already as a government. Now, we have to make some sacrifices, to establish new means of generating funds, new ways of managing resources. Without funding, nothing can work. We have to be very prudent in our new ways of spending and we have to cut cost”.

“I will go through your report, and I will engage people to go through the report; we will look at it, and probably do some more work because sometimes, you have to lump up some suggestions, see how we can understand it better. We want an in-depth analysis with a view to coming up with solutions”.

The deputy governor-elect and the chairman of the committee said, “After the committee met, it verified and ascertained five sub-sectors, namely; Political and Governance, Finance, Economics, Social and Infrastructure. We made observations and consolidated the report submitted by the sub-committees and made it a single report which was sent to the PDP transition committee, for them to go through and then give us the clean copy”.
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