Northern Nigerian Breaking News

Sokoto: Gov. Aliyu denies taking any loan to execute projects

Sokoto State Governor, Ahmed Aliyu Sokoto has denied taking any loan to executive developmental projects in the State.

SOLACEBASE reports that Aliyu made this known while reacting to a BBC Hausa Service report aired on Monday in which Sokoto was listed among the Northern States that have taken loans to execute developmental projects.

A statement issued by Abubakar Bawa, Press secretary to Sokoto State Governor said, 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.

Read Also:Zamfara denies taking N14.2b loan, faults DMO

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

elsamad new

” 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 a loan without following certain procedures including seeking approval from your State lawmakers, in our case there is nothing like that,” he declared.

Read {FULL LIST}: UNILORIN expels, rusticates 19 students

The governor further 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.

Read Also:Debt controversy: El-Rufai’s son, Bello disagrees with brother over disrespectful attack on governor Sani

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

Comments are closed.