Sacked Taraba State Acting Gov Incured N14.9bn Debt In 10 Weeks – Danladi

Sacked Taraba State Acting Gov Incured N14.9bn Debt In 10 Weeks – Danladi

The reinstated acting governor of Taraba State, Alhaji Sani Danladi Abubakar has disclosed that the sacked acting governor of the state, Alhaji Garba Umar has incurred a debt of N14.9 billion for the state government.

Danladi, who stated this yesterday in Jalingo during a state broadcast said that even the state government’s joint account was not in better condition either.

He added that the state/local government joint account was overdrawn by about N700 million monthly.

“The state government’s account with Zenith Bank which was in good shape as at 14th November 2012 now stands at an overdraft of about N7.7 billion as at 30th November, 2014, with November salaries yet to be paid.

Team loans stood at about N7.2 billion and this brought the state’s indebtedness to about N14.9 billion,” he said.

According to the acting governor, several development projects in the state were stopped due to the state government’s inability to meet its payment obligations.

“PW Construction Company pulled out of the state several months ago, the NYSC Permanent Orientation Camp has been abandoned while the same fate stares the Nursing College project in the face. Even the Jalingo Motel is now overgrown with weeds and its workers have not been paid salaries for eleven months,” he added. He noted that his administration is already reviewing the position of the state government’s finances.

He stressed that prudent financial management shall be the watchword of this administration.

He assured sons and daughters of the state that government would do everything within the law to recover all monies and properties that were stolen.