I am leaving forty-four point four-six billion naira debt, says Kogi governor

Written by on January 22, 2016

idris wada The Kogi State governor, Captain Idris Wada, on Thursday, said his administration would be leaving behind a forty-four point four-six billion naira domestic debt in the state. Apart from this, the governor said he inherited thirty-eight point three-eight billion naira as debt when he assumed office on January twenty-seven, 2012.

 Wada, who said this while giving an overview of his administration at the Government House, Lokoja, the state capital, however, said over forty-two per cent of the debt totalling over eighteen billion naira was outstanding gratuities to retirees that had accumulated since the creation of the state in 1991. Seven point seven billion naira being salary owed workers for the months of October to December 2015, while the state also had thirty-five point seven million dollar external debt.

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