Kogi State Governor, Yahaya Bello, has said that he was confronted with over N50 billion salary obligations left by the previous administrations.
Bello said the huge debt obligations inherited had impeded his government’s development plans for the state.
The governor, in a state-wide broadcast to mark the country 60th Independence Anniversary, on Thursday, added that he had cleared most of the debt left behind by the past administration.
He maintained that those whose actions hurt the state and people would be made to face a reckoning.
“To give you an idea of the huge scale of this problem, let me inform you that this administration has had to clear over N50bn in salary obligations inherited from previous administrations.
“The bulk of that money was borrowed and along with our other debt obligations continues to impede our ability to free up funds for infrastructural and other development as we would like,” Bello said.
Post a Comment
Post a Comment