Plateau state governor, Caleb Mutfwang, has revealed that his administration inherited a debt burden of N307 billion from his predecessor, Simon Lalong.
The governor spoke on Monday, July 11, after receiving the reports of the committees on transition and strategic development framework in the state.
Ganyir Lombin, a professor, headed the two committees.
Mutfwang expressed his determination to advance the state despite its massive debt profile left behind by the Lalong administration.
He also expressed his readiness to tackle the security challenges facing 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,” the governor said.
“But, by the special grace of God, these challenges we are confronted with are surmountable.”
The governor also promised to meticulously study the document presented to him, adding that further investigation would be conducted and appropriate action would be taken.
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 the handover notes presented to the governor on May 29 were not in consonance with the agreed template developed by the joint committee.
