By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: I Inherited N40.5bn Debt – Gov. Bindow Reveals
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

I Inherited N40.5bn Debt – Gov. Bindow Reveals

Farouk Mohammed
By Farouk Mohammed
Published: June 10, 2015
Share
2 Min Read
SHARE

Bindow-Jibrilla--300x287

Governor of Adamawa State Muhammadu Jibrilla Bindowo has said that his administration inherited a debt profile of N40.5 billion from the administration of former governor, Bala James Nggillari.

Bindowo made the disclosure when APC chairmen from the 21 local governments of the state paid him a commiseration visit over the recent bomb blast in the state.

He said his government is seriously hamstrung by the huge debt profile bequeathed to him by Governor Bala Nggilari urging the people to persevere a little before his administration stabilise and commence development projects noting that despite the challenges, it is incumbent on him to meet the yearnings of the people.

He urged the people of the state to continue to give his administration the needed support as all hands should be on deck to ensure that the state is put on the trajectory of development.

In another development, Bindowo has chided the immediate past governor of the state, Bala Nggilari over statements which the former governor made to the effect that he did not steal a penny from the state coffers as his tenure lasted.

Bindowo said the submission of Nggilari was far from the truth as his government has shortchanged the state in a number of transactions.

He said it was unfortunate for a governor who bought two refurbished SUVs at the cost of N180 million to come around and start pontificating that he is pious. Bindowo noted that since the former governor could not respect himself and maintain silence, it will be incumbent for him(Bindowo) to unravel the sordid transactions.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:BindowDebt
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article ROWAN ATKINSON SELLS HIS MCLAREN F1 FOR $12 MILLION
Next Article FEDERAL GOVERNMENT RE-OPENS MAIDUGURI AIRPORT AFTER 18 MONTHS OF CLOSURE

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Rate

Okay.ng Logo
Buy Rate ₦1,560.00
Sell Rate ₦1,570.00

Updated: 2 days ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Dangote Refinery Unveils N720bn CNG Truck Fleet to Slash Fuel Costs, Save Nigeria Over N1.7trn Annually
Energy & Oil
Nigerian Troops Neutralize Terror Kingpin Mai Dada, Recover Arms in Multi-Region Operations
Security
NNPP Welcomes Possibility of Rabiu Kwankwaso Joining APC Amidst Ganduje’s Resignation
News
Tinubu’s State Visit to Saint Lucia Marks Historic Diplomatic and Cultural Engagement, Presidency Clarifies
International News
President Bola Tinubu Suspends Implementation of Financial Reporting Council Amendment Act 2023
News
- Advertisement -
Ad imageAd image

You May Also Like

News

Aminu Dantata to be Buried in Madinah After Saudi Approval

Muhammad A. Aliyu
Muhammad A. Aliyu
June 29, 2025
CrimeVideo

VIDEO: NDLEA Issues Strong Advisory to Travellers Against Carrying Unknown Bags

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 29, 2025
News

SERAP Demands Transparency from Nigeria’s Governors on Security Vote Spending

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 29, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?