I’ll leave behind at least N3.7bn in Katsina treasury — Shema

Former Katsina State Governor, Ibrahim Shema
Former Katsina State Governor, Ibrahim Shema

Gov. Ibrahim Shema of Katsina State has said he will be leaving at least N3.7 billion in the state’s treasury by May 29.

Mr. Shema disclosed this on Saturday at the inauguration of 151 housing units, code named ”Katsina Estate”, and constructed by his administration at the Kafe District of the Federal Capital Territory.

He recalled that on assumption of office in 2007, he had promised not to leave an empty treasury at the end of his tenure, adding that he had kept to his promise in spite of the Federal dwindling allocation to the state.

”Let me equally assure all and sundry that Katsina state treasury will have at least, not less than N3.7bn cash by 29th of May 2015. So, I can tell you that anybody who comes to inform you that Katsina State (government) is owing, is certainly just playing politics with you. Any other story is falsehood.”

On the alleged debt of over $70 million, Mr. Shema said the information allegedly released by the Debt Management Office (DMO) about the state’s debt profile was false , adding that the state government had been over-deducted to the tune of over 200 million dollars by the DMO.

The governor, however, urged the people of the state to cooperate with the incoming administration to facilitate more development in the state. (NAN)

Advertisement

PT Mag Campaign AD

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: This space is available for a Text_Ad.. Call Willie on +2347088095401 for more information


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.