I was insulted for rejecting El-Rufai’s $350m loan, its sad Kaduna is now heavily indebted — Shehu Sani

A Senator who represented Kaduna Central, Shehu Sani, has lamented that he was insulted for rejecting the $350 million World Bank loan request by the then governor of Kaduna State, Nasir El-Rufai....READ FULL ARTICLE

Recall that on March 30, Governor Uba Sani, had raised the alarm that the state was heavily indebted and unable to pay salaries.

Speaking in an interview with journalists on Sunday, the Senator said if his advice was heeded, the state would not have found itself in the present predicament.

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Mr 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.

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“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.

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“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.”...READ FULL ARTICLE