EL-RUFAI: THE LOOTER ‘MERCILESSLY LOOTED’ KADUNA, TOOK HUGE LOANS FOR PROJECTS ABANDONED MIDWAY.
By Comrade Musa Mohammed (Moonlight)
“ Eighth years of Nasiru El-Rufai reign as governor of Kaduna state, he singlehandedly siphoned, diverted over $758 million.’’
The kaduna former governor Nasir El-Rufai’s who in the past claimed of running an administration of integrity, “mercilessly” depleted the state’s resources and acquired humongous loans worth over $700 million on projects that would take more than 20 years to complete.
El-Rufai left his successor Senator Uba Sani wallowing in over $758 million debt that he couldn’t account for.
The Anti-graft agencies should quickly and immediately investigate El-Rufai’s alleged financial misconduct during his eight-year term which ended in May 2023.
Records shows that the state only incurred $235 million in debt which was later cleared in all of the 50 years, specifically between 1965 and 2015 prior to El-Rufai’s administration. But El-Rufai in just eight years in office took out new loans totalling $758 million.
Also, the records shows El-Rufai in 2015 inherited a buoyant state with N3 billion in government coffers to kick-start his administration, a feat he could not replicate as he rather left his successor to drown in debt.
“From 1965 to when he (El-Rufai) was handed power to, the total debt taken by Kaduna State was $235 million”.
“By the time he (El-Rufai) came into office in 2015, the domestic debt incurred by the previous government was completely wiped off. He came in, there was zero debt, and then they left behind for him monies worth about N34 billion to kick off his government”.
I wonder, the man El-Rufai who called his administration of integrity amid huge loans obtained from the Africa Development Bank and Islamic Bank expended on projects that he executed “60 per cent” halfway and later abandoned, and the claims were not made up as there were documents to buttress his assertions.
There were several millions of dollars collected from Africa Development Bank and Islamic Bank to execute specific projects that were never done.
We will see how MALAM NASIRU EL-RUFAI will shamelessly respond to all allegations (accusations).