The immediate past Bauchi state governor, Isa Yuguda has refuted the claim made by the present administration in the state that he (Yuguda) left a debt of N125 bn, saying as far as he is concerned he left debt of about N80 bn at the end of his tenure.
Isa Yuguda who spoke to newsmen in a telephone interview over the weekend stated that unpaid loans he handed over to Governor Muhammad Abubakar was not up to N80bn including the loan he inherited from his predecessor, Ahmad Adamu Muazu which includes foreign loans that would be service for a period of 40 years.
He explained that they took a bond from capital market of N52bn and completed the international airport, specialist hospital and also have N7bn arrears of gratuity and N1.3bn of contractor obligation, adding that his administration inherited about N20bn foreign debt which is payable in 30 to 40 years, saying these are the only debt that his administration knows.
“During my administration we paid pension up to date, we only have the arrears of gratuity. Also when I came into government in 2007, the government was paying salaries of N550m monthly but it increased to N2.6bn every month for state government and N2.2bn for local government so where will I get the money to pay gratuity?
“So if they are going to take up the responsibility of the federal government, let’s see how they are going to make it so this month he should come out with money and pay the contractors as well as pay civil servants salaries. These are the figures that I handed over to Abubakar. If you convert the debt that you are going to pay for a period of 30 to 40 years is not up to N80bn. So what the governor is saying is not true. I handed it over to him and he signed and collected the hand over documents.”
The former governor warned the new governor not to reverse any decision he made while in office, saying he took that decision in the best interest of the state as he was empowered to take such decisions, warning that people may go to court if they so wish.
“If Abubakar thinks he can reverse what I did, he has made a mistake because I had the right as an executive governor elected by my people to take decisions on their behalf, so any person that is aggrieved should go to court as such breaches is not done in government. The governor should be called to order because he has no right to upturn my own decision and they don’t have right to change anything or harass anybody within the state,” Yuguda warned.


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