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

    Banditry Concerns: Critique of Zamfara Governor’s Election Focus Over Public Safety

    A security expert Captain Bish Johnson has criticised Zamfara State Governor Dauda Lawal for...

    Crisis as IYC Secretary-General rejects suspension, blames killings of 12 youths on Jonathan

    The Secretary-General of the Ijaw Youths Council (IYC) Worldwide, Nangi Obi, has rejected his...

    Military Secures State Borders, EFCC Targets Vote Buyers Ahead of Edo Election

    By Aaior K. Comfort Ahead of the Edo governorship election scheduled for Saturday, a heavy...

    Neveah Limited Redeems N1.9 Billion Commercial Paper Notes

    By Aaior K. Comfort Neveah Limited, a prominent commodity trading company focused on the export...

    More like this

    Banditry Concerns: Critique of Zamfara Governor’s Election Focus Over Public Safety

    A security expert Captain Bish Johnson has criticised Zamfara State Governor Dauda Lawal for...

    Crisis as IYC Secretary-General rejects suspension, blames killings of 12 youths on Jonathan

    The Secretary-General of the Ijaw Youths Council (IYC) Worldwide, Nangi Obi, has rejected his...

    Military Secures State Borders, EFCC Targets Vote Buyers Ahead of Edo Election

    By Aaior K. Comfort Ahead of the Edo governorship election scheduled for Saturday, a heavy...