Thursday, July 16, 2026

I won’t honour loans granted from March 18 without my consent: Kano Governor-elect

It warned that from March 18 to May 29, no lender, domestic or international, should grant any loan facility to the incumbent Kano State Government.

• April 1, 2023
Abba Yusuf and Ganduje
Abba Yusuf and Ganduje

The Kano State Governor-elect, Abba Yusuf, has warned all subsisting and prospective lenders to the current Kano State Government against granting fresh loans.

The advisory is contained in a statement issued on Friday in Kano by the Chief Press Secretary to the governor-elect, Sanusi Bature Dawakin-Tofa.

It warned that from March 18 to May 29, no lender,  domestic or international, should grant any loan facility to the incumbent Kano State Government without the expressed consent of the incoming administration.

“Any such loan facility approved and issued to the Kano State Government between the date of election and the date of swearing-in without the explicit knowledge and consent of the incoming administration will not be honoured by the new administration.

“All subsisting lenders to the Kano State Government shall take notice that all terms and conditions for all existing loan facilities shall be renegotiated by the new administration guided by the utilisation audit/review of each loan facility,“ the statement said.  

NAN

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Sexual Gender-Based Violence (SGBV)

Rights

Two Anambra sisters arraigned for child labour

The sisters, however, pleaded not guilty to the three-count charge bordering on conspiracy and illegal dealing in children.

Troops

States

Troops apprehend terrorists’ informants, logistics suppliers in Borno

Troops have apprehended suspected terrorist informants and logistics suppliers, received the surrender of an ISWAP member and destroyed IEDs in the last 24 hours across Borno.

Argentinian players with Falklands banner

Sport

Argentina risk FIFA sanction for displaying Falklands banner after England win

FIFA does not have fixed sanctions for every political message. Instead, each case is accessed individually by the FIFA Disciplinary Committee.

APC chieftains in Lagos

Politics

APC chieftain urges members to unite for candidates’ victory

Akanni Seriki, a member of the Governor’s Advisory Council, has urged APC members to work to ensure the victory of all the party’s candidates across the country in 2027.

Davido

Showbiz

I splurge $300,000 monthly on personal lifestyle: Davido

“I spend $200K-$300K monthly, minus my wife, family, buying cars and jewellery,” said Davido.

Nigerian Soldiers

Abuja

Army says alleged illegal mining kingpin, three others arrested in Abuja

According to the military, the principal suspect confessed during preliminary interrogation to sponsoring an illegal mining operation.