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N2bn CBN SME Fund Disappeared Under Lamido – Gov. Badaru

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Muhammad Abubakar BadaruDetails of the inauguration speech of Governor Muhammad Abubakar Badaru made available to journalists yesterday in Dutse, the Jigawa State capital, has shown that apart from the N117 billion debt left behind by the outgone administration of Governor Sule Lamido, about N2 billion CBN SME facility is missing.

Badaru in the speech said: “The latest liability is made up of N2 billion CBN SME and micro credit support facility which appears in our books as a liability but cannot be traced to any of the SME micro credit or community banks that were supposed to be the ultimate beneficiaries. You will agree with me that the first task before us is to verify, reclassify and restructure these liabilities or face an imminent collapse of the state economy with dire consequences. If we take our revenue in May as a yardstick, it will take Jigawa at least seven years to clear the existing liabilities and this is by paying salaries and doing nothing else”.

The governor also said cost of projects were inflated while flights to Jigawa was subsidized to the tune of N47 million monthly.

“While no one can fault the provision of basic infrastructure as a cardinal responsibility of any government, grandiose pet projects with little or no direct bearing on the common man, and executed at humongous costs passed on to successive administrations are not the hallmarks of a talakawa inspired government. Our beautiful but desolate N17 billion airport is a case in point, catering for an average of nine passengers weekly and subsidized to the tune of almost N47 million monthly including paying for the empty seats on the scheduled flight to and from Abuja”, he said.

Badaru noted that within the same period, the Jigawa Transport Company, JISTA, which was providing affordable mass transit services, was liquidated and shut down with the whole fleet auctioned to the detriment of customers.

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2 Comments

2 Comments

  1. SMASH

    June 1, 2015 at 4:23 pm

    THESE NEW GOVERNORS; A WHOLE BUNCH OF CLOWNS AMONG EM .

  2. ukeme

    June 1, 2015 at 4:23 pm

    As small as Jigawa With no outsTanding facility to reckon With,such volume of money. Could still be looted.Nawa o!

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Politics

I Received Vision That I Would Be Governor – Oyetola

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I Received Vision That I Would Be Governor – Oyetola

Gboyega Oyetola

Governor of Osun State, Gboyega Oyetola has stated that God revealed to him in a dream that he would be Governor of the State long before he joined the race.

He revealed this while speaking at a service held to commemorate the second anniversary of his administration at the Redeemed Christian Church of God (RCCG), Osun Province 1 Headquarters, Osogbo, on Sunday.

Oyetola said, “I am ordinarily not one who sees visions but on two occasions, I had a strange encounter. Imagine the son of an Imam, receiving a Christian song in a dream. That was my encounter.

Also Read: You Are A Worthy Successor, Aregbesola Tells Oyetola

“All I could remember on both occasions was the last line of the song which says ‘IleriOluwa ni lati se’. Outside of that dream, I had never heard the song before. When the impression was heavy on my heart, I called one of my friends to ask him about the song, and he told me the song was the Track 2 of Timi Oshikoya’s album.

“He went out and got me the album and immediately I started listening to the track, my consciousness was restored and then I had an understanding of what God was saying to me. That revelation has continued to give me confidence of victory each time I am faced with legal and political battles since becoming governor.”

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Anyim Backed Out Of Defection Over Visit to Buhari – Umahi

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Anyim Backed Out Of Defection Over Visit to Buhari – Umahi

Dave Umahi

Governor of Ebonyi State, Dave Umahi has claimed that a meeting with President Muhammadu Buhari stopped former Senate President, Pius Anyim and National Assembly members from the state from defecting to the All Progressives Congress (APC).

He made the claim on Sunday while speaking during an APC stakeholders’ meeting at the Bouquet Lodge, Old Government House, Abakaliki, Ebonyi State.

Umahi claimed that Anyim who served as Secretary to the Government of the Federation (SGF) in the administration of former President Goodluck Jonathan, and others refused to defect because he outsmarted them all.

“They were planning to ambush me, but it is difficult to catch the air,” he said.

Also Read: President Buhari receives Governor Umahi after defecting to APC (Photos)

The governor insisted that he consulted all the National Assembly members and the elders from the state about his defection from the Peoples Democratic Party (PDP), adding that they all agreed to the defection arrangement.

“Let me tell you, I’m not afraid of anybody but I respect everybody. But I have said that if God sent me, this will be the last fight in this state,” he said.

Umahi added: “All these people that came together to fight me, they collect contracts, they collect monthly pay, they collect vehicles. And when they are asked to bring people that worked for us, they will bring their wives, children and relations.

“Now, they are dressing words for us. We are in chapter one, in Chapter two, I will publish all that I have done for the leaders of this state.”

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Sanwo-Olu Names Building After Tinubu, Warns Youths Against Vandalism

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Sanwo-Olu Names Building After Tinubu, Warns Youths Against Vandalism

Babajide Sanwo-Olu

Governor Babajide Sanwo-Olu of Lagos has named the newly built Apapa-Iganmu Local Council Development Area after the National Leader of the All Progressives Congress (APC), Bola Ahmed Tinubu.

This was made known in a statement by the Chief Press Secretary to the governor, Gboyega Akosile.

Sanwo-Olu also named the Agboyi-Ketu LCDA after the late Senator of Lagos East Senatorial District, Adebayo Osinowo.

He stated that the recent #EndSARS protests brought out the need for the government to double their efforts and prioritize youth development and empowerment.

Also Read: No Pardon For Rapists, Says Sanwo-Olu

The governor however warned youths against the destruction of the government’s assets built with public funds.

Sanwo-Olu disclosed that the decision of the council leadership in Agboyi-Ketu to name the edifice after Osinowo testified to the contributions he made to the development of the council.

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