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Court restrains Gov. Ganduje’s N10b loan for CCTV

Admin by Admin
1 July 2022
in Local, News, Politics
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Kano assembly approves fresh N10 billion loan for Ganduje
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By Muhammad Aminu

A Federal High Court sitting in Kano has, in the interim, restrained Kano State Governor Abdullahi Ganduje, from borrowing 10 billion naira.

The Kano First Forum (KFF) instituted a legal action against Gov. Ganduje’s proposed 10 billion naira loan for Kano Security Infrastructure development, specifically CCTV installation.

The Daily Reality earlier reported that the Kano State House of Assembly had approved a loan request of 10 billion naira forwarded by Gov Ganduje’s administration.

The opposition New Nigeria People’s Party (NNPP) condemned the approval, cautioning financial institutions against giving out the loan to Ganduje’s administration.

“That the first respondent/defendant is hereby restrained in the interim from borrowing the sum of 10, 000 000 000 (10 billion naira) from 5th defendant”, said the court order issued by Justice A. M. Liman sighted by The Daily Reality.

The suit has the Kano State Governor joint in the case alongside the Kano State House Assembly, Commissioner of Justice, Ministry of Finance, Access Bank, Debt Management Service and Fiscal Responsibility Commission.

Dr Yusuf Isyaka-Rabiu, director-general of KFF, through their counsel led by Barr Badamasi Suleiman-Gandu, prayed to the court for the restrain, which was granted in the interim pending substantive hearing of the case at a later date.

See also  Buhari unveils eNaira Monday
Tags: CCTV loan by Kano State Government
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