Economy Apr 1, 2023

Kano State Governor-elect warns against loans to outgoing administration

Abba Yusuf, the governor-elect of Kano State, warns all lenders against providing loans to the outgoing administration, stating that his government will not honour such loans. The governor-elect also directs the renegotiation of all existing loan facilities and requires express consent for any new loans. Read more about the directive and its implications.