{"id":289,"date":"2026-08-27T22:21:51","date_gmt":"2026-08-27T22:21:51","guid":{"rendered":"https:\/\/trendsmill.com\/inherited-kaduna-loans-n6-7bn-monthly-revenue-debt-servicing\/"},"modified":"2026-08-27T22:21:51","modified_gmt":"2026-08-27T22:21:51","slug":"inherited-kaduna-loans-n6-7bn-monthly-revenue-debt-servicing","status":"publish","type":"post","link":"https:\/\/trendsmill.com\/?p=289","title":{"rendered":"Kaduna\u2019s N6.7bn Monthly Debt Repayment to Continue Until 2048 \u2013 Uba Sani"},"content":{"rendered":"\n<p class=\"p1 wp-block-paragraph\">A substantial share of Kaduna State\u2019s monthly federal allocation is being used to service loans inherited by the current administration, Governor Uba Sani has disclosed.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">Sani said N6.7bn is paid every month from the state\u2019s Federation Account Allocation Committee revenue toward the inherited debt.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">The governor made the statement during an interview with Channels Television on Thursday.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">He said the repayment obligation will continue until 2048, meaning the debt will remain a long-term consideration for successive administrations.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">Sani said the figures were available through the Debt Management Office and could be verified.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">The governor also sought to distinguish the inherited obligations from new borrowing by his administration.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">According to him, Kaduna has not taken a new loan since he became governor.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">The state\u2019s financial position, he said, requires careful management of available resources, particularly when deciding which areas should receive government investment.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">Sani said his administration\u2019s approach was based on prudence and the use of data in making financial decisions.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">The revelation provides an indication of the scale of Kaduna\u2019s inherited debt obligations and the pressure they continue to place on the state\u2019s recurring revenue.<\/p>\n\n\n\n<p class=\"p2 wp-block-paragraph\">With repayments projected to run until 2048, the debt burden is expected to remain relevant to Kaduna\u2019s fiscal planning for years to come.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Governor Uba Sani says Kaduna has taken no new loans since he assumed office, even as the state pays N6.7bn monthly from FAAC revenue to service inherited debt.<\/p>\n","protected":false},"author":1,"featured_media":288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow7J_NDA:productID":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[82,23],"tags":[258,257,259,260,261],"class_list":["post-289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-politics","tag-faac","tag-kaduna-loans","tag-kaduna-state","tag-state-finances","tag-uba-sani"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/trendsmill.com\/wp-content\/uploads\/2026\/08\/img_1317.jpg?fit=1088%2C848&ssl=1","_links":{"self":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/posts\/289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=289"}],"version-history":[{"count":0,"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/posts\/289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/media\/288"}],"wp:attachment":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}