No lender should approve loan for Ganduje from March 18 — Gov elect

The Governor-Elect of Kano State His Excellency Engr. Abba Kabir Yusuf said Effective from March 18 to May 29, no lender should approve and issue any loan facility to Kano State Government without the express 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 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 utilization audit/review of each loan facility,” he said.

statement issued Friday by Sanusi Bature Dawakin Tofa, the Chief Press Secretary to the Governor-elect, said the advisory was made in the public interest.

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