The new Governor of Kano State, Abba Yusuf, was sworn in Monday, expressing dismay at what he described as a huge debt profile left behind by his predecessor, Abdullahi Ganduje.
Yusuf, in his inaugural speech, vowed to probe the circumstances that led to the huge debt liability, as soon as he settles down for business.
reports that Ganduje was absent at the handover ceremony.
Alhaji Usman Alhaji, who represented the ex-governor, disclosed that Ganduje administration collected N1.2tn loan in the last eight years, leaving behind a total of about N241bn debt, comprising loans, contractual obligations, among others.
In his speech, the new governor said, “We will carefully study the reports and come out with our position on the debt and other matters. I am surprised that the outgoing governor is not around to hand over to me, as a democratically elected governor which has been the tradition.
“However, we will carefully study the reports and come out with our positions.”
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