Immediate past Commissioner for Finance in Plateau State, Davou Mang has said that the immediate past government of Jonah Jang created assets base worth N200 billion before the end of its tenure in May 2015.
According to Mang, “People should not forget that in government there are assets and there are liabilities.”
Mang, while speaking to journalists in Jos yesterday, said the immediate past regime in Plateau State succeeded in creating asset base for more than N200 billion in projects and interventions such as roads, agriculture, health, education, etc.
He wondered why people had not seen the asset base created by the Jang administration, but were busy hammering on liabilities alone.
On the actual debt left behind by the Jang administration, Mang said in Jang’s handover note, “we left a debt profile of N104billion which were made up of debts, liabilities and others.”
According to him, as at the time the Jang administration wound up in the state, commercial bank loans that was handed over to the new administration in the state stood at N19.6 billion, which he said could be verified from anywhere, saying the financing bond the former administration took deflated the balance which was as at that time N26.9 billion.
He further stressed that the bond the then government collected was meant to finance the bank loans, saying no penny came to the state government.
He also disclosed that the inter agency loans they borrowed from some of its agencies was to the tune of N6.1 billion.

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