Foreign debts of US $577.32m
Former Governor of Kaduna State, Malam Nasir Ahmad El-Rufa’i has said that as at the last financial year, Kaduna State has the following liabilities: “Domestic debt: N64.54bn, other Contingent Liabilities: N16.06bn and foreign debts of US $577.32m
He spoke during the inauguration ceremony of the new Governor, Senator Uba Sani at the Murtala Square Kaduna Today.
El-Rufa’i said “we have spent N818.9bn as capital expenditure between 2015 and 2022 in the prosecution of our first and second State Development Plans, attracting nearly US $5bn in foreign and domestic investments that created jobs, improved our tax receipts and laid a solid foundation for the future.”
