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Kano State Establishes Debt Offices Across 44 LGAs to Enhance Fiscal Management

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<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>&nbsp&semi;<&sol;p><div class&equals;"CFcnR0om" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>In compliance with the Kano State Debt Management Office Law&comma; 2021&comma; specifically section 4&comma; the Kano State Debt Management Office &lpar;DMO&rpar; has established debt offices across the 44 Local Government Areas &lpar;LGAs&rpar; in the state&period; This initiative aims to enhance the collation&comma; recording&comma; analysis&comma; and reporting of LG debt data to the state DMO&period;<&sol;p><div class&equals;"gWuZOnsp" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>The establishment of these offices followed a three-day workshop held from January 10th to 13th&comma; 2025&comma; at B&period; Nakowa Modern Guest Lodge&comma; Dutse&comma; Jigawa State&period;<&sol;p>&NewLine;<p>The workshop aimed to build the capacity of the appointed debt officers&period; Participants included the Honourable Commissioner for Local Government&comma; represented by his Permanent Secretary&comma; Director of Training from the Ministry for Local Government&comma; Director General of the Public Debt Management Office&comma; directors from relevant MDAs&comma; CSOs&comma; and media&period;<&sol;p>&NewLine;<p>In his welcome address&comma; Dr&period; Hamisu Sadi Ali&comma; the DG of the State DMO&comma; emphasized the importance of debt as an integral part of government fiscal policy&period; &&num;8220&semi;Debt is an integral part of government fiscal policy&comma;&&num;8221&semi; stated Dr&period; Hamisu&period; He cited Section 4 &lpar;c&comma; g&comma; and n&rpar; of the Kano State Debt Management Office Law&comma; 2021&comma; to justify the creation of the debt offices in the 44 LGAs&period; Dr&period; Hamisu also highlighted the successful servicing of N63 billion in loan obligations by the Kano State Government from January to June 2024&period; He further announced the creation of a Special Unit by the State DMO to coordinate the affairs of the debt offices across the LGAs&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<div class&equals;"1UJzEMeN" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block&semi; text-align&colon;center&semi;" &NewLine; data-ad-layout&equals;"in-article" &NewLine; data-ad-format&equals;"fluid" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"6550225277"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>The Director of Training from the Ministry for Local Government appreciated the initiative&comma; stating&comma; &&num;8220&semi;I am happy that those who will serve as debt officers across the 44 LGAs were selected based on merit and competence&period;&&num;8221&semi; The Honourable Commissioner for Local Government and Chieftaincy Affairs&comma; represented by his Permanent Secretary Malam Misbahu Ahmad Badawi&comma; commended the DMO&&num;8217&semi;s efforts and urged participants to organize stepdown training in their respective senatorial zones&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>During the workshop&comma; six papers were presented by scholars with extensive experience&period; Prof&period; Garba Ado from ABU Zaria discussed the theoretical and conceptual review of debt in developing countries&period; Prof&period; Aminu K&period; Kurfi from Bayero University&comma; Kano&comma; presented on Islamic Finance as an alternative to conventional finance&period; Dr&period; Nura Abubakar Gwadabe from Northwest University&comma; Kano&comma; discussed Waqf-based loan &lpar;Qard Al Hassan&rpar; financing preferences in Kano State&period; Other presentations included computer appreciation and Microsoft Excel Basics by Prof&period; Ibrahim Magaji Barde&comma; enhancing debt management expertise by Prof&period; Isma’il Tijjani&comma; and sustainable financing for infrastructural development by Prof&period; Aliyu Dahiru Muhammad&period;<&sol;p>&NewLine;<p>At the end of the workshop&comma; certificates and appointment letters were presented to the 44 LGA debt officers&period; The resourcefulness of the facilitators was commended&comma; and the presence of all debt officers throughout the workshop demonstrated their commitment to the task&period;<&sol;p>&NewLine;<p>The 44 LGA debt offices will collate&comma; record&comma; analyze&comma; and report LG debt data to the state DMO&period; They will conduct annual Debt Sustainability Analysis &lpar;DSA&rpar; and quarterly reports on debt service obligations&period; The debt offices will also liaise with treasurers and accounting officers to conduct annual audits&comma; ensuring compliance with the Kano State Debt Management Law&comma; 2021&period;<&sol;p>&NewLine;<p>At the workshop&&num;8217&semi;s conclusion&comma; a communique was issued detailing participants&&num;8217&semi; commendations&comma; observations&comma; and recommendations&period; The DG of the Debt Management Office emphasized the Kano State Government&&num;8217&semi;s commitment to fiscal sustainability and prudent debt management&period; &&num;8220&semi;Continued collaboration among stakeholders is essential to achieving these goals and securing a prosperous future for the people of Kano State&comma;&&num;8221&semi; concluded Dr&period; Hamisu Sadi Ali&period;<&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER -->&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad5" id&equals;"quads-ad5" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<&sol;p>&NewLine;<script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-format&equals;"autorelaxed" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"1004305389"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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