Governor Uba Sani of Kaduna State has insisted that his administration has not taken out any new loans since he assumed office, stating that he has borrowed “not one kobo.”
However, state financial records show that the government has received a total of ₦10.03 billion in loan receipts during his tenure.
Further scrutiny by the Federal Accounting and Auditing Council (FAAC) has called into question Sani’s claim of a ₦6.7 billion monthly deduction, suggesting that the figures reported by the governor do not align with the council’s data.
These discrepancies indicate that the governor’s assertion that no new borrowing has occurred is not supported by the available financial documentation.
According to the fact‑check, the evidence points to a mismatch between the governor’s statements and the official loan records, casting doubt on the accuracy of his claim.
<small>Source: Premium Times Nigeria — read the original story there.</small>
