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Nyako left N82.7bn debt –Acting Gov

The Citizen by The Citizen
August 3 2014
in Governance, Latest News, Uncategorized
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The Acting Governor of Adamawa State, Alhaji Umaru Ahmadu Fintiri, has disclosed that the former governor Murtala Nyako left a huge debt profile of N82.7 billion, insisting that the culprits would be brought to book.

Fintiri disclosed at the weekend during a stakeholders’ meeting of the Peoples Democratic Party (PDP) in the state, said that the N12.6 billion debt the previous administration left in the state revenue accounts with liabilities uncovered from unsettled pension, monies owed contractors  and other funds diverted to non-viable projects is over N70 billion.

“We will set up a judicial panel of inquiry. Whoever used our monies to build houses we would have those houses sold and the monies recovered will be returned into the state coffers. Every kobo of Adamawa state must be recovered,” he said.

Fintiri said that government had put all necessary machinery in place to recover the stolen funds. Accordingly, he called on the stakeholders to join hands with the state government in its bid to recover the over N82 billion funds allegedly looted.

Earlier in his remarks, one of the elder statesmen and chieftain of the PDP in the state, Professor Jibril Aminu, regreted the role he played in the emergence of the impeached former governor Murtala Nyako as the party’s governorship candidate in 2007.

“I deliberately pushed for Nyako’s candidature believing that he would use his wealth of experience to turnaround the fortune of the state from the doldrums. But regrettably, my aspiration was betrayed by the ousted governor,” he said.

He therefore, appealed to all prospective aspirants to learn from Nyako’s mistakes by ensuring that policies and programmes that are capable of impacting on the lives of the people of the state are implemented when eventually elected.

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