The Peoples Redemption Party (PRP) in Bauchi State has opposed the state government’s reported plan to borrow N298.15 billion, citing concerns over the state’s existing debt of N441.69 billion.
The party urged Governor Bala Abdulkadir Mohammed to suspend the proposed borrowing and explain how previous loans had been utilised.
In a statement signed by its State Secretary, Abubakar Sani, and made available to journalists on Wednesday, the party called for greater transparency and accountability in the management of public finances.
The PRP argued that residents deserved a detailed account of previous borrowings before the government incurred additional debt.
“With only a few months ...
Politics
PRP Opposes Bauchi’s Proposed N298bn Loan, Raises Debt Concerns
Source: Leadership News
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