Saturday 20 April 2019
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vanguardngr - 1 month ago

Reps to probe deployment of military men during polls, Kajuru killings

Ilorin—The outgoing administration of Governor Abdulfatah Ahmed of Kwara State has said contrary to insinuations,  the state’s debt profile stands at N30,203,632,608.29 with a monthly repayment of N496,367,109.08. State Commissioner for Finance, Alhaji Demola Banu, yesterday, said: “The debt stood at N31,481,082,712.95 in 2017 and N30,751,665,421.83 at the end of 2018, contrary to social media speculation of N50.2 billion.” Giving a breakdown of the current indebtedness, Banu explained: ”The N30.2 billion includes N15,325,541,483.03 as the balance of the Federal Government restructured N4,002,948,667.07 as salary bailout, excess crude account loan outstanding of N9,324,613,607.52 and vehicle loan balance of N128,916,612.87. Continue reading Reps to probe deployment of military men during polls, Kajuru killings at Vanguard News Nigeria.


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