The Kaduna State Government has allocated N80.2 billion in its 2026 budget proposal exclusively for servicing debts inherited from previous administrations.
Commissioner for Planning and Budget, Mukhtar Ahmed Monrovia, announced this during a special town hall meeting, warning that the debt burden remains a major constraint on the state’s finances.
Monrovia emphasized that Governor Uba Sani’s administration has not added to the state’s debt profile since taking office.
“In the two years he has been governor, not a single kobo has been borrowed,” he stated, noting that the government is relying on prudent resource mobilization to finance its operations.
He described the inherited debt load as severe, stressing that repayment must be prioritized to avoid “catastrophic penalties.”
The commissioner revealed that the repayment schedule, particularly for foreign loans, extends up to 2062, underscoring the long-term impact of previous borrowing.
Monrovia highlighted sweeping reforms aimed at improving transparency and efficiency in public finance.
He declared an end to the era when contractors had to lobby or chase files to receive payments, saying the new process ensures immediate payment once a contract is signed.
The proposed 2026 budget of N985.9 billion represents a 24.73% increase from the 2025 budget.
The spending plan allocates N699.7 billion for capital projects and N286.2 billion for recurrent expenses. Funding sources include an opening balance, projected revenues, and a significant rise in FAAC allocation to N472.1 billion.
Kaduna State Government says it aims to restore public trust and ensure long-term fiscal stability. The administration also maintains that transparent financial management remains central to its governance strategy.
