The Immediate Past Commissioner of Finance in Plateau state Mr Davou Mang has disclosed that the immediate past Government of senator Jonah Jang created assets base worth N200 billion before the end of its tenure in May 2015.
According to Mang, people should not forget that in government, there are assets and there are liabilities
Mang in an interview with journalist in Jos said the immediate past regime in Plateau state succeeded in creating asset base for more than N200 billion in projects and interventions such as roads, agriculture, health and education etc.
He wondered why people have not seen the asset base created by the Jang administration, but are busy hammering on liabilities alone.
On the actual total amount of indebtedness left behind by Senator Jang administration for Governor Lalong to inherit, Mang said in Senator Jang’s handover note,’’ we left a debt profile of N115 billion which were made up of debts, liabilities and others.
According to him, as at the time Jang administration winded up in the state, Commercial Bank loans that was handed over to the new administration in the state stood at N19.6 billion which he said could be verified from anywhere, saying the financing bond Jang administration took deflated the balance which was as at that time N26.9 billion.
He further stressed that the Bond the then government collected was meant to finance the Bank loans, saying no penny came to the state government
He also disclosed that the inter agency loans they borrowed from some of its agencies was to the tune of N6.1 billion.
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