The Katsina government has refuted the claim by the Debt Management Office (DMO) that the Dikko Radda administration has escalated the state’s debt profile.
A report recently published by the agency indicated that Katsina and 12 others collected fresh loans to worsen their prevailing debt crises.
According to the report, the state’s debt profile hit N99.3 billion from N62.37 billion.
But the governor’s spokesman, Ibrahim Mohammed, in a statement, yesterday, faulted the assertion, adding that the current administration has been busy repaying subsisting loans secured by past administrations since it came on board.
The statement held: “Not a single new loan has been collected by the present All Progressives Congress (APC) government in Katsina under Governor Radda. This is not to say that the state government will not borrow whenever the need arises. It could borrow to improve the lot of its people and the state in general. Now, however, there is no new loan.
“While we appreciate the efforts of the media in keeping the public informed about government activities, we regret any inconvenience the publication might have caused. We call on the media and members of the public to continue to support the present administration in its effort to provide meaningful projects to uplift the living standard of its citizenry.”
ALSO disputing the report, Governor Bassey Otu of Cross River State denied neither taking nor signing for any loan since May 29 till date.
