Nigeria’s former Ambassador to Trinidad and Tobago, Hassan Jika Ardo, has raised the alarm over what he described as the mortgaging of Taraba State’s financial future. His concern comes in the wake of the House of Assembly’s approval for Governor Agbu Kefas to secure a N350 billion bond.
In a telephone chat yesterday, Ardo criticised the borrowing spree of the current administration, stating that in less than two years, the governor had secured loans exceeding N400 billion, “with no significant developmental projects to justify the debt.”
The All Progressives Congress (APC) chieftain expressed shock at the lawmakers’ approval of such a substantial loan without a clear roadmap for its utilisation or a defined repayment plan.
His words: “For some time now, I have observed developments in the state quietly, but things seem to be getting out of hand. This government has not initiated…
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