Shehu Sani speaks on Kaduna’s $350m World Bank loan


Shehu Sani, a former senator representing Kaduna Central, has put to fore his opinion on the issue of the $350 million World Bank loan.

He recounted how he was insulted for rejecting the loan request by the government of Kaduna under Nasir El-Rufai.

Sani who spoke in an interview with the newsmen on Sunday said if his advice had been heeded, Kaduna would not have found itself in the present predicament.

It could be recalled that on March 30, Uba Sani, governor of Kaduna, disclosed that the state is heavily indebted and unable to pay salaries.

A statement that has generated torrents of opinions and darts throwing in the country.

Sani said, “The hour of reckoning has come for every citizen of the state.

“I was insulted for saying no to that loan. The hour of reckoning is here to every person in Kaduna state.

“Just like the way Lot (in the Bible) warned people, prophets of the past warned people, but they refused to hear and then you see pedition and affliction.

“In the same way, I warned the people of this state, but they were told that the money will bring paradise — land of milk and honey.

“Today, you can see the problems at hand as far as that loan was concerned.

“If you look at what I said about this state, there has never been any of my predictions that has not come to pass.

“Today the state is strangulated because of that money which we couldn’t pay.

“We borrowed $350 million when the naira was N400 to the dollar and we are going to pay when the naira is what it is today.”


Please enter your comment!
Please enter your name here