I Left N8 Billion In Kaduna Treasury, Owe N73 Billion Debt -Yero

The furor over the debt profile of Kaduna state notwithstanding, the outgoing Governor Mukhtar Yero, said on Thursday that the state’s debt profile as of May 21, was N73bn.

He said Kaduna state had a balance of N8bn in the state’s treasury, adding that the state was not owing its workers any month’s salary.

The incoming governor of Kaduna had already been controverting some steps by Yero on financial matters having already dragged him before the Economic and Financial Crimes Commission (EFCC) on issue of N2.7 billion Sure-P funds which the governor was alleged to have misappropriated.


Yero in his hand over note stated that the debt comprised N46bn from local government sources, N2bn internal bonds and N23bn pending arrears to contractors in the state.

Meanwhile, in his response, the governor-elect noted that the situation on the ground was not as envisaged.

He, however, added that the Transition Committee of the APC in the state would scrutinise the handover notes.

He urged the outgoing governor to pray and give his administration the necessary support so as to make the state great again.

Author: News Editor

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