New Plateau State governor, Caleb Mutfwang, has said he inherited a state with a debt burden of N200 billion.
According to Mutfwang disclosed this in his inaugural speech after his swearing-in at a ceremony, said he inherited a state with a debt burden of N200 billion, from his predecessor, Solomon Lalong.
He said, “The state is presently under a huge debt burden of over N200 billion, the healthcare sector is in need of urgent attention, our school system requires a comprehensive overhaul, our infrastructure is decayed and inadequate, and practically, every sector requires urgent redress.
“But in spite of the huge debt the state is currently plagued with, that will not deter us from serving you effectively.
“We are committed to breaking the state’s over-dependence on one source of revenue which is based in Abuja and managed sometimes with uncertainty. We commit to working on multiple and sustainable income sources so that we can serve you better.
“I must mention that there are no quick-fix solutions to these challenges, but one thing is certain, we are prepared to take the challenges head-on and we will hit the ground running immediately.”
