By Admin
The Kogi State Government has revealed that it has successfully paid off N98.8 billion in debt within 15 months of the current administration’s tenure.
This announcement was made on Monday by the State Commissioner for Finance and Economic Planning, Ashiru Idris, during a media briefing at the Government House in Lokoja following the latest Executive Council meeting.
According to Idris, the debts cleared include financial obligations dating as far back as the tenure of former Governor Ibrahim Idris, as well as the N50 billion bailout fund previously granted to the administration of Idris Wada.
“In just 15 months, Governor Ahmed Usman Ododo’s administration has settled N98.8 billion in inherited debts, including the N50 billion salary bailout issued to a former administration,” the commissioner stated.
He credited this financial milestone to a notable rise in the state’s internally generated revenue (IGR), driven by recent reforms.
“This feat was achieved through strategic revenue reforms led by the current administration. The empowerment of the Kogi State Inland Revenue Service has been central to improving IGR,” Idris added.
Speaking earlier, Commissioner for Information Kingsley Fanwo provided updates on infrastructure and security. He noted that perimeter fencing has been constructed around the Confluence State University of Science and Technology in Osara following a security breach last year.
Fanwo also announced the creation of a Climate Change Agency to tackle environmental issues and promote sustainable development across the state.
