Taraba Govt dismisses ₦N1.2trn debt claims
78 billion commercial bank financing facility approved by the Taraba State House of Assembly in 2023.
The commissioner warned that simply adding headline figures from the four categories together would produce a misleading picture of the state’s actual debt burden.
Adi stressed that the original approved value of a credit facility should not automatically be treated as the state’s current outstanding debt, as repayments, restructuring and the actual amount drawn could have altered the liability.
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