Some concerned members of the ruling Peoples Democratic Party (PDP) in Kaduna State have threatened to report Governor Mukhtar Ramalan Yero to the Economy And Financial Crimes Commission (EFCC) over the Zaria water works project loan.
The PDP group who are from the governor’s home towm in Zaria Local Government Area of the state have, said it was unfortunate that the Zaria water project has become a conduit pipe for siphoning public funds.
Addressing a news conference in Zaria, the spokesman of the group, Alhaji Magaji Abdullahi-Baba “We want to declare that the N15 billion loan collected recently from African Development Bank (AfDB) and Islamic Development Bank (IDB) is not in the interest of the people.”
“This is because, the governor claimed that the late governor, Ibrahim Yakowa left a debt of over N28 billion which the state is being servicing monthly.
“Gov. Yero hide under this cover, saying repayment of the loan hinders his ability to execute projects in the state as the money is being deducted from the source,” he said.
Abdullahi-Baba noted that the recent money collected would not in anyway assist the state but few individuals in the corridor of power.
According to him, the state will have no money to execute any project in the period of years captured for the repayment of the loan.
Abdullahi-Baba added that in spite of the internally generated revenue of the state, the Governor had no any physical project to show compared to other states in the North.
“Kaduna is the worst state in Nigeria as far as physical projects and human development are concerned. Nobody can burst of a single new project after 11 months after the demise of late Yakowa.
“Kaduna state Governor is from Zaria, Vice President Namadi Sambo also from Zaria but there is nothing to show as dividend of democracy in Zaria, talk-less of other parts of Kaduna state.”
The group gave the gave two weeks ultimatum to revert the loan and engage in meaningful projects or face the EFCC.
When contacted, the Director Media and Publicity, Kaduna state, Alhaji Ahmed Maiyaki said, “The loan was processed by the previous administration of the state because processing the loan takes a long period of time before it is actualised.
“The national assembly had to certify before given approval. “Repayment of the loan will not be done by the state government but by water board. They are expected to generate money for staff salary and keep some amount for repayment of the loan,” Maiyaki added.