More
    HomeNewsKatsina State Government Denies Taking Fresh Loans, Counters DMO Claim

    Katsina State Government Denies Taking Fresh Loans, Counters DMO Claim

    Published on

    By Milcah Tanimu

    The Katsina State Government has refuted claims by the Debt Management Office (DMO) suggesting that the state, along with others, has obtained new loans. In response, the government clarified that it has not borrowed any funds since assuming office on May 29.

    Governor Dikko Radda’s administration, through its Chief Press Secretary Ibrahim Kaula-Mohammed, emphasized that their focus has been on repaying existing loans procured by previous administrations.

    “There has been no new borrowing by the current All Progressives Congress (APC) government in Katsina,” stated Kaula-Mohammed.

    While acknowledging the possibility of borrowing in the future for developmental purposes, the spokesperson affirmed that currently, there are no new loans.

    Kaula-Mohammed also expressed gratitude to the media for their role in keeping the public informed and urged continued support for the administration’s efforts in enhancing the welfare of the citizens through meaningful projects.

    Latest articles

    CWAI Commends Federal Fire Service CG Olumode for Strategic Direction, Institutional Reforms

    The Citizens Watch Advocacy Initiative (CWAI) has praised the Controller General of the Federal...

    11 killed, houses destroyed fresh Nasarawa communal clash

    No fewer than 11 persons have been confirmed killed with more than 50 houses...

    Army denies attack on Catholic Cathedral, Bishop Kukah’s residence in Sokoto

    The Eight Division of the Nigerian Army in Sokoto has dismissed a social media...

    Troops neutralise terrorists, rescue victims nationwide in sustained operations

    Troops of the Nigerian military have sustained significant operational successes across various theatres, including...

    More like this

    CWAI Commends Federal Fire Service CG Olumode for Strategic Direction, Institutional Reforms

    The Citizens Watch Advocacy Initiative (CWAI) has praised the Controller General of the Federal...

    11 killed, houses destroyed fresh Nasarawa communal clash

    No fewer than 11 persons have been confirmed killed with more than 50 houses...

    Army denies attack on Catholic Cathedral, Bishop Kukah’s residence in Sokoto

    The Eight Division of the Nigerian Army in Sokoto has dismissed a social media...