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Nasarawa Debt Hits N50bn, Says Commissioner


By Igbawase Ukumba
Nasarawa State Commissioner for Finance, Budget and Planning, Haruna Adamu Ogbole, yesterday disclosed that the state was currently indebted to over N50 billion.
This is even as the state government said it would borrow about N14.46 billion to finance the state’s 2021 budget deficit.
Ogbole stated this while fielding questions from journalists during the 2021 budget breakdown at the state ministry of finance headquarters in Lafia, the state capital.
He explained that the state has commenced repayment of the debt gradually and that it would be liquidated in five years.
“The state is currently indebted to the tune of over N50 billion, and we have started payment gradually because we have a frame work for that,” Ogbole said. ....

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Governor Sule earmarks N7bn for yearly payment of inherited N50bn debt


By David Odama  LAFIA
Governor Abdullahi Sule of Nasarawa State inherited over N50bn debt from the previous administration on assumption of office in 2019. The government is earmarking N7bn as a yearly payment from the 2021 budget for the settlement of the huge inherited debt.
The state Commissioner of Finance, Budget and Planning, Haruna Adamu Ogbole, disclosed these while fielding questions from journalists at the 2021 budget breakdowon in Lafia, the state capital.
Ogbole said that following concerns by government over the debt and the plight of those indebted to, the governor has earmarked N7bn in this year’s budget to commence the liquidation of the outstanding debt of the state. ....

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Putting Smile on Faces of Senior Citizens


Igbawase Ukumba writes that senior citizens of Nasarawa State have started seeing light at the end of the tunnel
Recently, retired civil servants of Nasarawa State were in a pathetic condition, a situation that caused public discuss which led to series of group agitations and litigations to press home demands, resulting to garnishing of the state accounts by a court. Some lawyers to a group of pensioners in the state approached a court and got judgement against the state government which ordered for the garnishing of all accounts been operated by the state government.
Consequent upon the garnishee order, Governor Abdullahi Sule had to run the state with Internally Generated Revenue (IGR). The state Commissioner for Finance, Budget and Planning, Haruna Adamu Ogbole, disclosed this in his office when addressing journalists on the financial status of the state since the state government could not access its accounts. ....

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