Kaduna Govt Denies Reports Of Borrowing ₦36 Billion …C0NTINUE READING HERE >>>
The Kaduna State Government has refuted claims suggesting that the state incurred a debt of ₦36 billion over the last six months, labelling the report as inaccurate and deceptive.
The government stated that it is currently repaying nearly three times the amount of loans acquired by the previous administration, a situation attributed to the significant devaluation of the Naira.
In an official statement released by the Commissioner of Planning and Budget, Mukhtar Ahmed, the state government pointed out that variations in exchange rates would impact the ongoing repayment of the existing…
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