Kano State Governor, Alhaji Abba Kabir Yusuf, has cleared over N21 billion in pension liabilities out of a total N48.6 billion debt inherited from the former state governors administrations of Senator Rabiu Kwankwaso and Dr. Abdullahi Ganduje.
The Independent Mirror reports that the Executive Chairman of the Kano State Pension Fund Trustees, Alhaji Habu Fagge, disclosed this while addressing newsmen in Kano.
According to Fagge, the previous administrations borrowed from the pension fund, leading to significant arrears. He noted that part of the recovery process began when Governor Abba Yusuf approved deductions at source for pension remittances.
This move restored regular payments and allowed the board to achieve 100 percent monthly pension disbursements.
“At one point, pensioners receiving N6,000 had N3,000 deducted without explanation. We couldn’t identify any clear formula for the deductions,” he said.
“We inherited N48.6 billion in liabilities and were also required to remit N75 billion levied on local governments and some MDAs.
“Despite this, we’ve managed to settle N16 billion so far, with another N5 billion scheduled for disbursement soon,” Fagge added.
