Nigeria’s Foreign Debt: Zaria Youth Urge Shehu Sani To Contest For Governorship In Kaduna

By Amos Tauna​

The Senator representing Kaduna central senatorial District, Shehu Sani, has lamented level of development in his home state, saying the state is left far behind compared with allocations received from the Federal Government

“Hundreds of millions of dollars have been given to state governors, but in Kaduna State, we don’t know where that money is going into. It is wrong for people to exaggerate their achievements and it is also wrong for people to belittle the achievements that have been made,” said Sani  when youths from Zaria and other communities paid him a courtesy visit, urging him to contest the 2019 governorship election in the state.

Speaking on the alarming rate of Foreign and Domestic Debts of state governors, Shehu Sani said, ”As Chairman of The Senate Committee on Local and Foreign Debt, I worked on Nigeria’s debts. We have been able to work out a new strategy, whereby a functional oversight activity could take placed on how Nigeria borrows money.”

While speaking, he warned state governors Nigeria to desist from accumulating external and domestic loans, saying the situation was becoming embarrassing and capable of plunging the states into a worse economic crisis.

“I am disturbed at the rate which state governors pile up foreign and domestic debts in their various states, there is the need to halt the trend.

“We have also been able to work on several loans request from the Federal Government as far as Eurobond is concerned. And that has been very much successful. It is very clear to us that Nigeria is today exiting the recession, but we must also warn that the level in which states are borrowing is becoming unbearable. And this must be seriously taken care off.”

He called on the northern state governors to always deploy available resources to uplift their citizens out of poverty and also impact development in their economies.

Senator Shehu Sani expressed delight with steps taken by President Muhammadu Buhari in fighting insecurity and corruption.

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Posted by on 04/06/2017. Filed under Politics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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