Taraba Governor cries out over empty treasury, huge debt

Posted by News Express | 28 June 2015 | 4,212 times

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Taraba State Governor, Darius Ishaku, on Saturday said that his administration is being confronted with three major challenges of a huge debt profile, empty treasury and insecurity, since inauguration on May 29.

Governor Ishaku told reporters that he inherited an empty treasury and a huge debt of over 20 Billion Naira from the former administration.

At a send-forth ceremony organised in honour of the Arch Bishop of Kaduna, Anglican Diocese, Most Reverend Josiah Idowu Fearon, who was recently appointed the Secretary General of World Anglican Communion in Canterbury, England, Governor Ishaku explained that his administration was owing workers only one month salary due to lack of fund.

He further stated that the government had resorted to borrowing money from banks in order to settle workers salaries and execute some projects since its inauguration.

Governor Ishaku assured the residents of the state that his administration would do everything possible to ensure that workers salaries were paid consistently, that projects were execute and that the insecurity in some parts of the state was addressed, in spite of the poor state of its economy.

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Source: News Express

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