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Jigawa gets N13.5bn from World Bank’s $750m loan

The Commissioner for Finance in Jigawa State, Ibrahim Umar, has said the state got a N13.5bn grant from the World Bank’s $750m loan made available to the Federal Government for state governments through the States Fiscal Transparency, Accountability, and Sustainability Programme.

Umar disclosed this while addressing journalists on the implementation of the Federal Government’s World Bank-assisted SFTAS Programme.

According to the commissioner, Jigawa State has performed well in the SFTAS programme and benefitted from the grant of N13.5bn so far in the 2018 and 2019 assessments.

He added that the 2020 assessment would be done in February 26 this year, while that of 2021 would be done in June.

The Jigawa State Governor, Mohammed Badaru, attributed the state’s low debt stock to fiscal discipline, transparency and accountability in the application of resources.

The governor said that his administration decided not to borrow but cover up leakages and boost internally generated revenue.

“We have the least debt profile in the whole country. We don’t borrow. We try to keep the sustainability of the country,” he said.

Badaru said the SFTAS programme had further helped to support the state in enthroning a fiscally-transparent, accountable and sustainable governance structure.

The National Programme Coordinator, SFTAS, Federal Ministry of Finance Budget and National Planning, Mr Stephen Okon, described Jigawa as one of the three top states in the implementation of the SFTAS programme.

Okon, who was represented by the Deputy National Coordinator, SFTAS, Mr Ali Mohammed, said prior to the introduction of the programme, the Badaru administration had initiated a number of programmes that enshrined fiscal discipline.

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