Adamawa to probe Nyako’s N82b debt profile

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In Nigeria
Jul 29th, 2014
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THE government of Adamawa State is set to probe former Governor Murtala Nyako over the N82 billion debt profile.

Acting Governor Ahmadu Fintiri stated this in a broadcast in Yola yesterday.

“We shall set up a judicial panel of inquiry to probe Nyako’s administration and we shall cooperate with all anti-graft agencies to recover stolen state funds.

“This will be done through effective publicity and bring to public notice the abuses that necessitated and justified this change of government in Adamawa state.

“Furthermore, the Secretary to the State Government shall in due course, inform the world about these scandalous abuses and how the simple canon of government activities were thrown overboard’’, Fintiri said.

Fintiri added that his interim administration inherited a debt profile of more than N12 billion in the statutory revenue account alongside liabilities amounting to N70 billion said to be diverted to non-viable projects.

“My administration has mapped out strategies to reinvigorate the various sectors of the economy through which dividends of democracy can reach the citizens.’’

Fintiri said he was committed to handing over a better Adamawa to the next administration.

The acting governor said local government would be treated properly as an effective tier of government through prompt release of funds.

He urged traditional rulers, religious leaders, community leaders, security agencies and the people of the state to participate fully in bringing back the lost glory of Adamawa.

 


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