Kaduna Gov Sani's no-loan claim contradicted by ₦10.03bn receipts

Governor Uba Sani's assertion that Kaduna State has not borrowed since 2023 is contradicted by state records showing ₦10.03bn in loan receipts under his administration. FAAC data also challenge his claim of ₦6.7bn monthly deductions. This is a domestic political fact-check, with no direct market implications.