Sokoto Governor Faults DMO, Denies Taking Fresh Loans

Governor Aliyu Ahmad of Sokoto state has said that his administration has since inception did not take any domestic or external loans from any organization or agency.

Governor Aliyu in a post via his verified X handle, said contrary to a recent report by Nigerian Debt Management Agency, his administration has refrained from borrowing any funds, noting that if there should be any financial transactions, there will be formal agreement which may necessitate the involvement of the state assembly.

While faulting the report, the governor said he is ready to be prove wrong should anyone has any credible evidence to substantiate the claims that his administration has N89 billion domestic debt and millions of dollars from abroad.

“I would like to formally address and refute the information contained in the report released by the Nigerian Debt Management Agency regarding the alleged debt of approximately 89 billion naira domestically and millions of dollars from abroad that my government is said to have received”. 

“Throughout my tenure of ten months, my administration has refrained from borrowing any funds. It is imperative to emphasize that the report is entirely unfounded, lacking in substance, and ineffective. In any financial transaction, there should be a formal agreement, particularly when it involves governmental procedures that necessitate the involvement of the state assembly”. 

“I urge those who claim that my administration has taken out a loan to present credible evidence to substantiate their allegations. Even if this was an attempt to besmirch my character, it has proven futile”, he tweets. 

According to him, his administration has maintained prompt payments of salaries, saying”as the governor of Sokoto state, I have consistently ensured that salaries are disbursed punctually, typically on the 18th, 19th, or 20th”.

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