Business News

Katsina Tackles DMO Over Debt Increase Report

Katsina Civil Servant

By Adedapo Adesanya The Katsina State Government has refuted the claim by the Debt Management Office (DMO) that the administration of Governor Dikko Radda has increased the state’s debt profile. A report recently published by the DMO indicated that several states, including Katsina under Governor Radda, collected fresh loans to worsen their prevailing debt crises. The spokesperson to the Governor, Mr Ibrahim Kaula Mohammed, however, in a statement on Wednesday, faulted the report, stating that the Governor Radda-led government has preoccupied itself with repaying subsisting loans secured by previous administrations since it came on board. The statement further noted that