Saturday, December 6, 2025
  • About Us
  • Letter to the Editor
  • Data Usage Policy
  • Contact Us
MetroNews NG
  • Metro
  • Lagos
    • Opinion
    • Interview
    • Weird
  • World
  • Business
  • Sports
  • Nollywood
  • Odawood
  • Lifestyle
    • Careers
    • Education
    • Health
  • MetronewsNG TV
No Result
View All Result
MetroNews NG
No Result
View All Result

PDP accuses Masari govt. of misusing N400b state fund

metronews by metronews
January 3, 2018
in News
0

The Peoples Democratic Party (PDP) has accused the Katsina State Government of misusing over N400 billion generated by the state in the last 31 months.

Katsina State Chairman of PDP, Alhaji Salisu Majigiri, said at a press conference, on Tuesday, in Katsina, that the over N400 billion was “misused by top government officials”.

He said in spite of the huge amount that accrued into government coffers the state and its people have remained in poverty and debt.

According to him, the state received over N243 billion from the Federation Account during the period and N30 billion from the Paris Club refunds.

“In spite of collecting four Tranches of debt refunds amounting to over N30 billion, the government has borrowed various sums of monies from commercial banks with double digit interest rates to the tune of N70 billion.

“The receipts, loans, internal revenue and more than N14.5 billion left in the various accounts by the last PDP administration made Katsina State one of the richest states in the country,” he said.

The chairman explained that in real terms, the monies that accrued into the government coffers stands at an average of N13 billion monthly, N464 million daily or N16.5 million every hour.

“Due to the mismanagement of our resources our people have been passing through excruciating pains and reduced to beggars in the midst of plenty.

“All sectors of the economy have been rendered barren. Our people no longer get the affordable fertilizer that enable them to farm their land and get bumper harvests.

“Fertiliser and the other agricultural assistance taken for granted during the past administration have now been heavily politicised.

“Our schools are now shadows of themselves, with no instructional materials with the absence of motivational incentives for teachers who face constant threat of sack.

“Our hospitals are now conduit pipes through which funds are now siphoned in the name of endless projects for over two years,” he alleged.

However, Special Assistant on Media to Governor Masari, Alhaji Abdu Labaran, dismissed the allegations by the state PDP as spurious and urged the people to disregard them.

Labaran said that the state government had utilised all funds that accrued to it judiciously to add value to the lives of the people.

He listed some of the projects being undertaken to include the rehabilitation and upgrade of the general hospitals in Katsina, Daura, Funtua and Kankia.

“This government rehabilitated and upgraded over 100 junior and senior secondary schools across the state, ” he added.

Labaran said that the PDP no longer exists in the state as most of its top brass like former Speaker Yau Gwagwajo and Sen. Ibrahim Ida had since decamped to APC.

He said: “Majigiri and his co-travellers have failed to come to terms that the PDP is dead in Katsina state and people no longer patronise it.”(NAN)

Previous Post

Fulani/farmers crisis: 3,000 flee homes in Nasarawa

Next Post

Fuel Scarcity: As queues reduce, Nigerians now pay more for petrol – PT

Related Posts

VIO heads to S’Court after losing vehicle impoundment appeal
Breaking

VIO heads to S’Court after losing vehicle impoundment appeal

December 5, 2025
Access Bank Wins Bank of the Year 2025 – Nigeria at The Banker Awards
Award

Access Bank Wins Bank of the Year 2025 – Nigeria at The Banker Awards

December 5, 2025
OPINION: Nigeria’s “Era of Renewed Stability” and the Truths the CBN Chooses to Overlook  BY BLAISE UDUNZE
#SmartLagos

OPINION: Nigeria’s “Era of Renewed Stability” and the Truths the CBN Chooses to Overlook BY BLAISE UDUNZE

December 5, 2025
Next Post

Fuel Scarcity: As queues reduce, Nigerians now pay more for petrol - PT

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • #SmartLagos
  • Accident
  • Aviation
  • Award
  • Banking
  • Basketball
  • Beauty
  • Boxing
  • Brands
  • Breaking
  • Business
  • Careers
  • Community development
  • Crime
  • Culture
  • Default
  • Domestic violence
  • Economy
  • Education
  • Empowerment
  • Entertainment
  • Environment
  • Event
  • Fashion
  • Featured
  • Finance
  • Football
  • Gaming
  • Gist
  • Golf
  • Health
  • Inspirational Patience
  • Interview
  • Investigative
  • Law
  • Lifestyle
  • local
  • MetroMan
  • MetroPerson
  • metroplus
  • MetroProfile
  • Movies
  • Music
  • MUSIC
  • New Music
  • News
  • nolly wood
  • Nollywood
  • Novels
  • Odawood
  • Oil&Gas
  • Opinion
  • Parenting
  • Photos
  • Politics
  • Press Release
  • Relationship
  • Religion
  • Scandal
  • Security
  • Sex
  • Society
  • Sports
  • Tech
  • Technology
  • Travel
  • TV
  • Videos
  • Weird
  • Wheels
  • World

BROWSE BY TOPICS

#COVID19Nigeria #EndSARS Adams Oshiomhole APC atiku Atiku Abubakar boko haram Buhari Bukola Saraki business CBN court COVID-19 crime davido ECOWAS Edo Election Edo State Election efcc Featured FG Goodluck Jonathan gunmen INEC Kayode Fayemi Lagos Lagos State Muhammadu Buhari NCDC NDLEA news Nigeria Nigerian politics NLC Obaseki ogun state PDP police politics President Buhari Sanwo Olu senate tinubu wike Yemi Osinbajo


Recent News

  • Senators Gbenga Daniel,Tokunbo Abiru Raise Alarm Over Lead Poisoning In Lagos,Ogun States
  • SNEPCo wins SERAS awards for Health/Wellbeing as Vision First initiative reaches thousands
  • VIO heads to S’Court after losing vehicle impoundment appeal
  • About Us
  • Letter to the Editor
  • Data Usage Policy
  • Contact Us

© Copyright MetroNews NG 2020. All rights reserved.

No Result
View All Result
  • Metro
  • Lagos
    • Opinion
    • Interview
    • Weird
  • World
  • Business
  • Sports
  • Nollywood
  • Odawood
  • Lifestyle
    • Careers
    • Education
    • Health
  • MetronewsNG TV

© Copyright MetroNews NG 2020. All rights reserved.