• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Tuesday, September 22, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home National

Ex-Lawmaker Raises Alarm Over Rising Debt, Calls for Fiscal Accountability in Taraba State

Nathaniel Irobi by Nathaniel Irobi
October 25, 2025
in National
0
Ex-Lawmaker Raises Alarm Over Rising Debt, Calls for Fiscal Accountability in Taraba State

Ex-Lawmaker Raises Alarm Over Rising Debt, Calls for Fiscal Accountability in Taraba State

0
SHARES
21
VIEWS
FacebookTwitterWhatsappEmailTelegram

 

By Nahum Sule, Jalingo

RelatedPosts

Matawalle celebrates Remi Tinubu at 66, praises her national impact

Niger Killings: Northern Youths Demand NSCDC Officers’ Prosecution

Alleged certificate forgery:Nnaji returns to court Monday

The former member representing Wukari/Ibi Federal Constituency, Hon. Danjuma Usman Shiddi, has issued a strong appeal to the Taraba State House of Assembly and key stakeholders, urging greater fiscal accountability and transparency in the management of the state’s finances.

In an open letter addressed to the state legislature, leaders of thought, youth leaders, and political stakeholders, Shiddi — popularly known as Danji SS — warned that Taraba was “quietly bleeding” under the weight of mounting debts and unchecked borrowing.

“The pulse of our state grows faint, and if one listens closely enough, one can hear the low groan of a people whose future is being mortgaged without their consent,” he wrote, describing the situation as a “silent financial crisis.”

According to Shiddi, Taraba State has accumulated borrowings and financial commitments estimated at over ₦1.2 trillion within the last two years — an amount he said was unsustainable for a state with an Internally Generated Revenue (IGR) of only ₦10.87 billion as recorded in 2023.

He cited loans and facilities including a ₦206.78 billion bank loan approved in 2023, a ₦350 billion bond issued in early 2025, and a $268.63 million (₦510 billion) facility obtained from the ECOWAS Bank for Investment and Development (EBID), in addition to a ₦50 billion local government infrastructure loan from the United Bank for Africa.

Shiddi questioned the purpose and visibility of these funds.

ALSO READ:  BREAKING: EFCC Grills NAHCON Boss, Abdullahi Pakistan, Over Alleged Fraud

“We are told that the EBID loan will fund energy, agriculture, and industrialization — beautiful promises indeed. But where are the projects? Where are they located? Who are the contractors? What are the timelines, and at what cost?” he queried.
“In Taraba, questions die before they are answered. Silence has become our official policy, and applause, our proof of progress.”

 

The former lawmaker also referenced revenue inflows from the Federation Account Allocation Committee (FAAC), estimating that between mid-2023 and mid-2025, Taraba State and its local councils collectively received ₦437.21 billion in federal allocations. Despite these figures, he lamented that “the roads remain cratered, the schools dilapidated, hospitals gasping for breath, and workers lamenting unpaid wages.”

Shiddi compared Taraba’s fiscal posture to other states, noting that while governors in Zamfara, Nasarawa, and Ogun have pursued self-sustaining growth through internal revenue generation, Taraba has leaned heavily on debt.

“Our borrowing now exceeds what the state will earn in four years,” he warned. “This is not progress; it is plunder — the slow strangulation of a people who deserve better.”

 

He urged the Taraba State House of Assembly to exercise its constitutional oversight powers under Sections 128 and 129, calling for an immediate suspension of new loan approvals pending full disclosure and audit of existing facilities.

“You were not elected to clap,” Shiddi told the lawmakers. “Oversight is not rebellion; it is responsibility. If you cannot represent the truth, then you represent nothing.”

 

Citing Ogun State’s success in boosting its IGR to ₦126 billion, Shiddi argued that Taraba, with its vast land and mineral resources, could replicate such achievements if governance focused on productivity rather than borrowing.

ALSO READ:  Why Governor Mutfwang Suspends Mining Activities In Plateau

He further appealed to traditional rulers, elders, and community leaders to advise Governor Agbu Kefas to “steer his vision toward productivity, not debt.”

Concluding, the ex-lawmaker stated that his call was driven not by malice but by patriotism.

“Let posterity record that when Taraba was being drowned in silence, some of us raised our voices — not out of anger, but out of duty. Because when truth dies, nations follow,” he wrote.

Tags: debt
Previous Post

Matawalle: Barcelona Legends’ Visit Proof of Restored Security, Peace in Nigeria

Next Post

NAWOJ Kaduna Chapter Commence Its Week Program Call For Partnership

Nathaniel Irobi

Nathaniel Irobi

Related Posts

Matawalle celebrates Remi Tinubu at 66, praises her national impact

Matawalle celebrates Remi Tinubu at 66, praises her national impact

by Ojimaojo Abubakar
September 22, 2026
0

Minister of State for Defence, Dr Bello Matawalle, has praised the First Lady, Senator Oluremi Tinubu, for her contributions to...

Niger Killings: Northern Youths Demand NSCDC Officers’ Prosecution

Niger Killings: Northern Youths Demand NSCDC Officers’ Prosecution

by Ojimaojo Abubakar
September 19, 2026
0

The Northern Youth Council of Nigeria has demanded immediate investigation and prosecution of officers allegedly responsible for the killing of...

Alleged certificate forgery:Nnaji returns to court Monday

Alleged certificate forgery:Nnaji returns to court Monday

by Ojimaojo Abubakar
September 19, 2026
0

Ahead of the resumed trial of former minister of Innovation, science and Technology, Uche Nnaji on Monday at the Federal...

Next Post
NAWOJ Kaduna Chapter Commence Its Week Program Call For Partnership

NAWOJ Kaduna Chapter Commence Its Week Program Call For Partnership

SGF Akume Hails Throne Room Trust Ministry As Kafanchan Hosts 21ST International Prophetic Prayer Conference

SGF Akume Hails Throne Room Trust Ministry As Kafanchan Hosts 21ST International Prophetic Prayer Conference

Recommended

Matawalle celebrates Remi Tinubu at 66, praises her national impact

Matawalle celebrates Remi Tinubu at 66, praises her national impact

9 hours ago
FG evacuates 33 Nigerians from South Africa, total returnees hit 1,716

FG evacuates 33 Nigerians from South Africa, total returnees hit 1,716

4 days ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Drama In FCT Polls As APC, PDP Candidates Step Down For Each Other

    0 shares
    Share 0 Tweet 0
  • Boost Military Morale Through Positive Coverage, Media Told

    0 shares
    Share 0 Tweet 0
  • 2027: Angwan-Wayo APC Unveils Strategy To Secure Victory

    0 shares
    Share 0 Tweet 0
  • Breaking West Africa’s $3.5B Rice Import Trap: Inside Liberia’s $908M Blueprint Unveiled at Kigali Deal Room

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (26)
  • Business (872)
  • Education (286)
  • Entertainment (475)
  • Health (261)
  • National (3,512)
  • News (11,229)
  • Opinion (503)
  • Politics (2,347)
  • Science (15)
  • Security (422)
  • Sports (791)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform