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Bauchi Govt pays N30 billion debt

by Christiana Gokyo, Jos

The sum of N30 billion out of N100 billion debt inherited by the Bauchi State Government in 2019 has been paid.

The state governor, Bala Abdulkadr Muhammad, disclosed this during an inaugural State Executive Council meeting after its reconstitution recently in Bauchi.

The governor stated that, his administration has so far paid the sum of over N30 billion from the total debt of the state, saying, “We are doing our best to reduce the debts profile because we don’t want to plunge the state further into debt burden.”

He explained further that, they over-draft to finance most of their projects every month and pay not less than N1 billion as refunds.

According to him, the State Government has been able to raise their International Generated Revenue drive by 300 percent and commended the Ministry of Finance and Revenue Service Board for doing well in managing the scarce resources available.

He said, in order to accommodate most of the projects they are doing, they are freeing resources, stressing that, some of the inherited projects have now been completed, including new ones.

He observed that, some areas are yearning for development but government has not forgotten about them, assuring the people that it will get to them before the end of his tenure.

The governor cautioned those Abuja-based politicians, who are causing political crises in the state, through their agents, to desist from it, adding that, his administration will no longer sit and watch politicians, who are not adding any value to the political climate in the state, to continue to heat up the polity.

Governor Bala Abdulkadr Muhammad urged political office holders that have political ambitions for 2023 to immediately tender their resignation letters, saying that, they have less than two years of their tenure to go and, if the people find them worthy for another term, so be it.

According to him, God has given them this term through the people and, therefore, must make good use of it by doing what would make the people happy.

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