Nigeria, June 3 -- The Kogi State Government said it had cleared N98.8 billion in debts inherited from previous administrations, marking what officials described as a major step towards economic recovery and fiscal discipline.
Commissioner for Finance, Budget and Economic Planning, Asiwaju Idris, made the announcement Monday during a post-Executive Council briefing at the Government House in Lokoja. He said the debts were fully paid off within the first 15 months of Governor Ahmed Ododo's administration.
"This is a landmark achievement. His Excellency Governor Ododo has demonstrated fiscal discipline and commitment to economic recovery. Within 15 months, we have cleared N98.8 billion in inherited debt," Mr Idris said.
The breakdown inc...
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