Fact-Check: Kaduna Governor's No-Loans Claim Misleading
[Premium Times] Kaduna Governor Uba Sani's claim that he has borrowed "not one kobo" since taking office is at odds with state records showing ₦10.03bn in loan receipts under his administration, while FAAC data also challenge his &#x
Kaduna State Governor Uba Sani's assertion that his administration has taken no loans since 2023 is contradicted by state records showing ₦10.03bn in loan receipts, while FAAC data also dispute his claimed ₦6.7bn monthly deduction. The discrepancy raises questions about fiscal transparency in Kaduna and could affect investor and lender confidence in the state's disclosed debt position. Accurate reporting of subnational borrowing is material for creditors assessing Nigerian states' repayment capacity and for federal fiscal oversight.
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