Governor Caleb Mutfwang of Plateau State has announced that his administration inherited a debt burden of N307 billion from the immediate past administration in the state.
The governor announced this shortly after receiving the reports of the committees on the Transition and Strategic Development Framework for Plateau State on Monday in Jos.
Prof. Ganyir Lombin headed the two committees.
The governor voiced his determination to take the state to greater heights despite its huge debt profile.
Mutfwang particularly expressed his readiness to tackle the current security challenges in the state.
“Throughout the campaign season, we were under the mistaken belief that our debt burden was around N200 billion; to hear that it is N307 billion is quite intimidating and worrisome,” he said.
The governor pledged to meticulously study the document presented to him, adding that further investigation would also be conducted with appropriate action taken after that.
Earlier, Lombin explained that some operational challenges prevented the two committees, which had appointees of the past administration as members, from jointly presenting their report.
He noted that the handover notes presented to the governor on May 29 differed from the agreed template developed by the joint committee.