Sunday, September 06, 2015

I didn’t borrow a dime for Jigawa projects in 8 years-Sule Lamido

......................… says FG owes Jigawa N12 billion for airport,

For all the projects he carried in the state for eight
years, the immediate past Governor of Jigawa State,
Alhaji Sule Lamido has said that he did not borrow a
dime from any bank to fund those projects.

He also said that the total contractual liability of the
state at the time he left office stood at about N13
billion but added that it could come to about N2
billion if the money he left behind for verified
projects and the debt owed the state by the federal
government was settled, it could come down to N2
billion.

Lamido said that he judiciously applied the funds that
accrued to the state and executed many monumental
projects, including the N17 billion International
Airport, without approaching any financial institution
for loan as was the practice by most of his
colleagues.

The former governor, who made the revelation in an
exclusive interview with Vanguard in Kano, said that
the Federal Government was owing the state N12
billion in respect of the airport, which former
President Jonathan promised to build.
Lamido said: "I did my best to run the state with
available resources. I did not borrow a penny from
any company or from any bank or from anybody in
Nigeria for the purpose of doing anything in the eight
years I spent as a governor.


On how he was able to build the airport without any
loan facility, the former governor pointed out that he
sourced money from the state's main line budget
because he had a commitment from the Federal
Government that it was going to build an
International airport in the state.

"I had a commitment from the Federal government
that and I decided to be smart by starting the
building of the airport with the hope that when the
federal government pays us we can use the refund to
do other things.

"That is why I said that the federal government is
owing Jigawa State N12 billion for the airport. We
spent N17 billion to build it and the government has
so far remitted N5 billion to the state, leaving a
balance of N12 billion


AbleMoJah® Nigeria.

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