Governor Ganduje Gets Kano Lawmakers’ Nod To Obtain N20bn Loan

Kano State Governor, Alhaji Abdullahi Ganduje, on Monday got the approval of the State House of Assembly to obtain a loan facility of N20 billion.

The Street Journal reports that the loan is to be obtained from the state’s bailout to attend to some financial challenges affecting the state.

Alhaji Abubakar Zakari, the Chairman of the House Committee on Finance and Economic Development, said this while presenting the Committee’s report on the governor’s request at Monday”s plenary.

According to him, the House approved the governor’s request after the Committee thoroughly studied the proposal.

He said this followed a thorough analysis of the request, and the lawmakers were convinced that there was the need for the state government to obtain the loan.

The loan, if approved, he said, would enable the state government to pay pensioners and also assist the state government to pay salaries of newly employed health workers and other civil servants.

Zakari further said the House also recommended that the state government should prepare and forward to it a supplementary budget of the bailout funds to enable the lawmakers to approve the loan prior to any disbursement.

The lawmaker noted that the bailout introduced by President Muhammadu Buhari was to ensure that all state governors paid pending financial challenges in their states, without which without government might not be able to deliver some of its campaign promises.

Author: NewsAdmin

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