Skip to content
August 12, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Plateau: Lalong left behind a debt burden of N307bn, says Mutfwang
  • National News

Plateau: Lalong left behind a debt burden of N307bn, says Mutfwang

Admin July 11, 2023

Caleb Mutfwang

Caleb Mutfwang

Gov. Caleb Mutfwang of Plateau says his administration inherited a debt burden of N307 billion from the immediate past administration of Simon Lalong.

The governor disclosed this shortly after  receiving the reports of  the  committees on  Transition  and   Strategic Development Framework for Plateau, on Monday in Jos.

The two committees were headed by  Prof. Ganyir Lombin.

The governor expressed his determination  to take the state to greater heights, in spite of its huge debt profile.

Mutfwang particularly expressed his readiness to tackle the current security challenges in the state.

“Throughout the campaign season, we were under the mistaken belief that our debt burden was around N200 billion; to hear that it is  N307 billion is quite intimidating and worrisome.

“But, by the special grace of God, these challenges we are confronted with are surmountable.

“Of particular concern is the issue of insecurity which, unfortunately, has become a major distraction for us.

”But we are confident that with the new security chiefs on ground and the Special Adviser on Security assuming responsibility, we will see a difference not too long from now,’’ Mutfwang said.

The governor promised to meticulously study the document presented to him, adding that further investigation would be conducted and appropriate action would be taken as well.

Earlier, Lombin explained that some operational challenges prevented the two committees, which had appointees of the past administration as members, from jointly presenting their report.

He said that the  handover notes presented to the governor on May 29 was not in consonance with the agreed template developed by the joint committee.

He said in the note, the revenue, which accrued to the State Government from May 2015 to May 2023, stood at N872 billion, adding that the report only gave the total expenditure from May 2015 to December 2022 and excluded that of January to May, 2023.

“There is no clear figure for the state’s monthly wage bill, however, this administration has inherited a backlog of four months unpaid salaries to public servants amounting to over N11 billion.

”Outstanding gratuity and pension arrears of N24 billion was also inherited.

“The Legacy  Projects are marred in controversies and unresolved legal cases which have stalled their completion.

”Currently, the sum of N12 billion for these projects is still in the custody of the Trustees of the funds,” he said.

The chairman called for more investigations on the 3,692 government’s assets and properties  allegedly sold and auctioned within and outside the state.

”It is a thing of deep concern  that this  government inherited a near-bankrupt state, with weak institutions, low public morale, and a high level of insecurity, but with high expectations from the people,” he said.

Presenting a Four-Year Strategic Development Blueprint for Plateau, Lombin  expressed confidence on Mutfwang’s determination to improve  the welfare and wellbeing of the people.(NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Caleb Mutfwang debt plateau state simon lalong

Post navigation

Previous NNPCL intercepts vessel with 800,000 litres stolen crude oil heading for Cameroon
Next Debt burden: N307bn debt inherited from past administration worrisome –  Gov. Mutfwang

Related Stories

ASUU
  • National News

August 11, 2026
Terror attack: Kebbi govt. to support families of 10 slain Police officers schools
  • National News

Terror attack: Kebbi govt. to support families of 10 slain Police officers

August 11, 2026
Customs seize truckload of expired noodles, contrabands, explosives federal republic of nigeria
  • National News

Customs seize truckload of expired noodles, contrabands, explosives

August 11, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

ASUU
  • National News

August 11, 2026
LAWMA Tackles 16,000-Ton Daily Waste with Infrastructure Upgrades and Circular Economy Shift managing director
  • Business & Economy

LAWMA Tackles 16,000-Ton Daily Waste with Infrastructure Upgrades and Circular Economy Shift

August 11, 2026
Terror attack: Kebbi govt. to support families of 10 slain Police officers schools
  • National News

Terror attack: Kebbi govt. to support families of 10 slain Police officers

August 11, 2026
Dangote refinery spurs West Africa fuel trading hub ambitions
  • Business & Economy

Dangote refinery spurs West Africa fuel trading hub ambitions

August 11, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.