FIC Report (Nasarawa State) – Governor Abdullahi Sule of Nasarawa State has announced that his administration has fully settled all inherited debts and pledged to leave the state debt-free by the end of his tenure in 2027.
Speaking after breaking the Ramadan fast with journalists and some commissioners at his residence in Lafia on Wednesday, Sule revealed that his government had cleared all outstanding liabilities, including bailout funds and other economic stimulus packages received by the state before he assumed office in 2019.
He assured the people of Nasarawa that his final two years in office would be dedicated to achieving industrialization and strengthening security in the state.
“My first four years were challenging due to security concerns, inherited debt, and infrastructural deficits. However, we have now mobilized enough resources through prudent financial management to execute all ongoing projects without borrowing a dime,” Sule stated.
He disclosed that the state had settled debts amounting to over N57 billion, which included bailout funds, budget support, and the N10 billion project support facility granted to each state before his administration took office. Additionally, he noted that his government had provided an extra N137 million from state coffers to clear outstanding obligations, ensuring that Nasarawa was financially stable.
“I made this decision because I want to leave the state in a better financial position than I met it. While some may not fully appreciate our policies on prudent resource management now, I believe they will, in time, recognize the sacrifices made,” he added.
Despite facing temporary setbacks from some contractors attempting to delay projects, Sule maintained that his administration remained focused. He announced that the Lafia flyover bridge would be completed within the next three weeks, while the Akwanga flyover would be ready by June. Additionally, he confirmed the recent approval of a new overhead bridge in Keffi, which is expected to be completed by December 2025.
The governor reiterated that his commitment to infrastructure development was aimed at positioning Nasarawa State for industrial growth, leveraging its vast mineral resources. He also vowed to maintain the state’s status as a secure and stable environment despite the high cost of sustaining security operations.
“What has helped us avoid borrowing is our discipline in staying within our financial means. With God’s help, I will leave Nasarawa State debt-free,” he concluded.
Signed
ARI, LIMAN AMINU.
HEAD OF CENTRE,
FIC LAFIA.
