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Reading: Katsina Govt replies DMO, denies incurring fresh loans
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Citizenship Daily > Blog > News > Katsina Govt replies DMO, denies incurring fresh loans
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Katsina Govt replies DMO, denies incurring fresh loans

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Last updated: April 3, 2024 1:47 pm
Editor Published April 3, 2024
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By our correspondent
The Katsina State Government has refuted the claim by the Debt Management Office, DMO, that the Governor Dikko Umaru Radda-led administration has raised the state’s debt profile.
A report recently published by DMO indicated that Katsina under Governor Radda, together with some other states of the federation, collected fresh loans, to worsen their prevailing debt crises.
In a refutal Wednesday, Ibrahim Kaula Mohammed, the spokesperson to Governor Dikko Radda, faulted the DMO report’s verdict.
According to the statement by Mohammed, the Governor Radda-led government has preoccupied itself with repaying subsisting loans secured by previous administrations, since it came on board.
The statement said that not a single new loan has been collected by the present All Progressives Congress, APC, government in Katsina, under Governor Radda.
“This is not to say that the state government will not borrow whenever the need arises. It could borrow to improve the lot of its people and the state in general.
“At the moment, however,
 there is no new loan. While we appreciate the efforts of the media in keeping the public informed about government activities, we regret any inconvenience the publication might have caused.
“We call on the media, and the members of the public to continue to support the present administration in its effort to provide meaningful projects to uplift the living standard of its citizenry,” the statement said.

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