Friday 23 February 2024

Hardship: Utilize borrowing wisely – Group tasks Jigawa Govt


The Jigawa State Government has been advised to utilize its resources and invest in critical sectors to uplift the livelihoods of citizens and foster sustainable development.

Executive Director Prime Initiative for Community Development and Fiscal Transparency, Muhammad Abdu Dutse made the call on Friday during a ‘Debt Justice campaign’.

He said the state’s total debt has increased to N63.36 billion as of June 30, 2023, reflecting both domestic and foreign components.

According to him, Jigawa remains the least indebted state in the country and in the Northwest Zone, with a total debt growth of 60.11 per cent from 2016 to 2021.

 He said Jigawa State, despite its commendable track record of fiscal discipline and debt sustainability, is not immune to the prevailing economic challenges facing Nigeria.

The group underscored the need for strategic planning and allocation, ensuring that resources are directed towards essential services and initiatives that directly benefit the general populace.

The group also advised the state government to halt borrowing for non-productive expenditures and focusing resources on initiatives that foster economic growth and development.

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