Governor Bala Mohammed of Bauchi State revealed that since assumption of office on 29th May, 2019,his administration has secured a total of N100 billion loans.
The Governor disclosed this at the State Executive Council meeting saying that over N90 billion of these funds were allocated to infrastructural projects, with additional allocations directed to the education and health sectors.
According to him, infrastructural projects alone gulped over N90 billion.
Governor Bala then highlighted ongoing efforts to enhance service delivery, appealing to Commissioners to prioritize their responsibilities and endorse the signing of performance bonds.
“You can see the projects and programs, we are just starting. We have borrowed N100 billion till date and the projects and infrastructures alone has gulped N90 billion plus.
Of course, we are going to save some for education and health. We are saving from the little money we are getting from the Federal Government so that we can leverage this loan to do infrastructure alone. You should be aware of this. We are not thieves, we are not here to take anything out of the system, we want to take back every kobo”, the Governor said.
He added, “This is our third Executive Council meeting since we came back for a second term. Our attitude to work is to make sure that we make a difference”.
“Bauchi State is our major concern and we have no misgivings against anybody. Of course, there are distractions here and there but we will not allow ourselves to be distracted.”
The Governor stated that transparency in the utilization of funds is important and , expressed a commitment to repay every borrowed kobo.
