For
all the projects he carried in the state for eight years, the immediate
past Governor of Jigawa State, Alhaji Sule Lamido has said that he did
not borrow a dime from any bank to fund those projects.
He also said that the total contractual liability of the state at the time he left office stood at about N13 billion but added that it could come to about N2 billion if the money he left behind for verified projects and the debt owed the state by the federal government was settled, it could come down to N2 billion.
Lamido said that he judiciously applied the funds that accrued to the state and executed many monumental projects, including the N17 billion International Airport, without approaching any financial institution for loan as was the practice by most of his colleagues.
The former governor, who made the revelation in an exclusive interview with Vanguard in Kano, said that the Federal Government was owing the state N12 billion in respect of the airport, which former President Jonathan promised to build.
Lamido said: “I did my best to run the state with available resources. I did not borrow a penny from any company or from any bank or from anybody in Nigeria for the purpose of doing anything in the eight years I spent as a governor.
On how he was able to build the airport without any loan facility, the former governor pointed out that he sourced money from the state’s main line budget because he had a commitment from the Federal Government that it was going to build an International airport in the state.
“I had a commitment from the Federal government that and I decided to be smart by starting the building of the airport with the hope that when the federal government pays us we can use the refund to do other things.
“That is why I said that the federal government is owing Jigawa State N12 billion for the airport. We spent N17 billion to build it and the government has so far remitted N5 billion to the state, leaving a balance of N12 billion
- See more at: http://www.vanguardngr.com/2015/09/i-didnt-borrow-a-dime-for-jigawa-projects-in-8-years-sule-lamido/#sthash.vqbhzL2f.dpuf
He also said that the total contractual liability of the state at the time he left office stood at about N13 billion but added that it could come to about N2 billion if the money he left behind for verified projects and the debt owed the state by the federal government was settled, it could come down to N2 billion.
Lamido said that he judiciously applied the funds that accrued to the state and executed many monumental projects, including the N17 billion International Airport, without approaching any financial institution for loan as was the practice by most of his colleagues.
The former governor, who made the revelation in an exclusive interview with Vanguard in Kano, said that the Federal Government was owing the state N12 billion in respect of the airport, which former President Jonathan promised to build.
Lamido said: “I did my best to run the state with available resources. I did not borrow a penny from any company or from any bank or from anybody in Nigeria for the purpose of doing anything in the eight years I spent as a governor.
On how he was able to build the airport without any loan facility, the former governor pointed out that he sourced money from the state’s main line budget because he had a commitment from the Federal Government that it was going to build an International airport in the state.
“I had a commitment from the Federal government that and I decided to be smart by starting the building of the airport with the hope that when the federal government pays us we can use the refund to do other things.
“That is why I said that the federal government is owing Jigawa State N12 billion for the airport. We spent N17 billion to build it and the government has so far remitted N5 billion to the state, leaving a balance of N12 billion
- See more at: http://www.vanguardngr.com/2015/09/i-didnt-borrow-a-dime-for-jigawa-projects-in-8-years-sule-lamido/#sthash.vqbhzL2f.dpuf
81 comments:
His wahala
Good for him, he should come $ taste the bite of African mosquitoe too.
If no be Ghana na South Africa
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The house is cute, he's most welcome.
~BONARIO~says so via NOKIA LUMIA
Ghana or SA
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GAMBIA OR BIAFRA
It is called INTERNATIONAL INVESTMENT my dear linda. You think I don't have that idea in mind when I finally become successful? Build houses around the globe. That is what I call PROSPERITY.
I think his acct was hacked. Lolz. He's wlcm anyway
Drama king.
This is cute!! Congrats to him. Now go pay what u owe....
Remember invite me oo
Wow such a lushy & expensive house! I swear poverty is only romantic in novels.Nothing sweater than reality with you ruling your world
He should pay that woman what he owes, otherwise by the time the government is done with him, he might just be worth ni more than 50cent.. To him and many ignorant ones like him, Africa is a country that's why he couldn't specify. A lot of black Americans and I say Black because many no longer want to be referred to as Black - wollies- think Africa is a country. Beautiful house though.
Na him sabi biko, no concern of mine. Linda take note!
Na him sabi biko, no concern of mine. Linda take note!
Na him sabi biko, no concern of mine. Linda take note!
I wish him the beat..but i doubt they will be able to cope outside the states
Glowyshoe blog
After which he'd marry linda ikeji
~D great anonymous!
50 cent the bastard millionare
South Africa
~D great anonymous!
Nice crip.
Since he didn't specify it might be other african country so hope he blends with staying in africa though.
Nice crip.
Since he didn't specify it might be other african country so hope he blends with staying in africa though.
I think Ghana or South Africa... BH will not let him consider Nigeria
He's black so he will even blend well here... Hehe
Kool crib
I hope he won't get robbed...
Dude should've learnt from C. Brown's experience..
Nice house tho..
Love house. www.gistandjobs.com
Dubai
Nah Naija
na him sabi
Drawsseat #sit down n crosslegs #
Now to u linda
Stories money can cause sha
But that ur story wasn't a case of smbdy goin through tough time na
I love and appreciate you
But that your story get k legs
U even had a car back then na, y didn't u sell that your car n pay your debt
U fall my hand sha,
Don't try that tin agn ooo
U hear?
Where is oke okoye #
Linda's last son /laura IKEJI'S nephew
Ok
He is welcomed o.
The pool looks like it's filled with gutter water.
Will be great!
Aunty linda
Will be great!
Aunty linda
Will be great!
Aunty linda
Will be great!
Aunty linda
Money is good
who says money is not good
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Will appreciate if he moves to lag in particular, so that he will hear this 'our lagos' slang Yoruba peeps are singing like hot charted single.
Nonsense
Where is oke okoye #
Linda's last son/laura IKEJI'S nephew
He is welcome anytime any day
The house is here in calabar. .too much money house!
N den he said he'll explain later...m waiting it! It's def not nigeria
Op is not nigeria?
a.k.a EDWIN CHINEDU AZUBUKO said..
.
More like a place he will be visiting though.....
.
.
***CURRENTLY IN JUPITER***
Too much money
Na only pool dey the house?
Linda,
There is nothing dat can b hidden under d sky. So matter of time we wil find out d African country. I thought he clamed he was broke. Aha!
Shalom!
We go hear sey na lie now
For window blinds, wallpaper and curtains please call 08160856785.
Beautiful. I wish that i could live there.
i hope it's nigeira!!!
It's definitely not nigeria anyways.
Linda no mind dis mad man has he paid rick Ross baby mama her 5million dollars foolish animal
It might b in Ghana. But y d pool green na?
If crocodile dey dat pool person no go know ooo hian!!...pls let it be naija, pls let it be naija #fingerscrossed
E resemble ghana
I just hate this green colored swimming pool, usually looks like a spyrogyrah infected water!
Linda the house dey inyin Ekiti
All I see is Nigeria been mentioned. Finally, we are finding our place in d world. Hehehehe. #LongLiveBuhari
Wow! They should start coming back home oh, becos there's no place like home. I believe all black America are from Africa.
I thought he said he was broke, and was also selling some of his stuff
Where else if not south africa, that's the only african country they feel safe to visit and live in hmmm its well sha!!!
The best women all reside in Africa.
So he wants to hide in Africa so that he won't pay his "gbese"... 50kobo please be informed that Africa is not a place for bankrupted people.. Go back!!!
Very smart guy.
Crip ke? Really?
~D great anonymous!
Then you died around the globe and the houses goes with you...that's what is called ETERNITY mumu asked Fernandez
Okay
Fresh mosquito bite awaiting ur jet 2 land
I knw is not Nigeria sha, aniway..his business.
*cute bree*
Na pics of house or pics of pool? Hian! Na Africa true true bcos only here we dey get green water for pool. Hahahaha! Any!
Good for him
Why is the water green though?!
Fine house
ok
I think throughout my stay in the UK, i got so irritated by the use of AFRICA as a country, its a freaking continent, now LIB please kindly correct this heading, either specify the country or leave the story out, House in Africa, HUH
I've been delving into medieval studies and a question occured to me the other day. How were siege towers moved? Were there hordes of guys pushing? Please enlighten me.
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I am American. I have read many of the comments by my African brothers and sisters. First of all, yes western hemishphere blacks are Africans from many countries in AFRICA WHICH IS S CONTINENT. I think Mr Fifty cents doesnt wasnt everyone to know exactly where he will be living. I hope you have open arms for all of us if we wasnt to come to the home of our ancestors and the place where we are originally from since we are Sfricans born in America
I am planning to move to south africa . And you post help me to get the idea of getting a flat.
Thanks
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who says money is not good
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