In a recent announcement during the State Executive Council meeting, Bauchi State Governor, Bala Mohammed, disclosed that his administration has borrowed a total of N100 billion since taking office in 2019.
The Bauchi governor emphasized that a significant portion, over N90 billion, was allocated to infrastructural projects, while the remaining funds were directed towards the education and health sectors.
He stated, “You can see the projects and programmes we are just starting. We have borrowed N100 billion and today, the projects for the infrastructure are getting to N90 billion plus.
“Of course, we are going to save some for education and health. We are saving the little money we are getting from the federal government so that we can leverage this loan to do infrastructure alone. You should be aware of this.
“We are not thieves; we are not here to take anything out of the system. We want to take back every kobo,” he emphasized.
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“This is our third executive council meeting since we came back for a second term. Our attitude towards work is to make sure that we make a difference. Bauchi State is our major concern and we have no misgivings about anybody. Of course, there are distractions here and there but we will not allow ourselves to be distracted.”
In a bid to enhance service delivery, Governor Mohammed announced plans to sign performance bonds with commissioners, urging them to prioritize their responsibilities. The governor’s pledge to uphold transparency and accountability underscores the administration’s commitment to responsible governance amid the borrowing for developmental projects.