Kano elders petition President Buhari over Gov Ganduje’s plan To Take N300Bn Loan From China
Kana elders have petition President Buhari over Gov Abdullah Ganduje’s move to borrow N300Bn for a light rail project in Kano State. The group declared that “Kano Unity Forum would not give any self-serving politician the latitude to increase poverty and deprivation within the general public through ill-conceived public works.”
In a petition signed by former presidential aspirant and chieftain of All Progressives Congress(APC), Bashir Tofa insisted Ganduje’s light rail project is rather shrouded secrecy adding that such huge economically draining should better be directed for more social projects.
“Based on the analysis of the present indebtedness of Kano State as provided for by the Debt Management Office (DMO) Nigeria, it is extremely difficult, almost impossible for Kano State to sustain any indebtedness beyond the current liability portfolio of the state.
“It needs to be noted that a rail project is never a project to be put in haste as we observed that it is neither in the medium nor long term plans of the State Government
“If indeed the Chinese want to genuinely help with cheap loans, they should be requested to support critical sectors such as education, health, agriculture, power, science and technology, infrastructure, industry, and water supply.”
The statement further said, “after all, the Chinese have become world leaders in these aspects of transformative development.”
“In the event, however, KNSG chooses to remain impervious to this well-intentioned intervention,
We will diligently pursue court processes and other lawful means to stop the Light Rail project.” says the forum.