Katsina - Governor Ibrahim Shema of Katsina State has said that his administration will leave four billion naira in the state treasury for the incoming administration.
Shema made the disclosure when he received management staff of the Federal University, Dutsin-ma in Katsina on Thursday.
He said he would release N8.5 billion to the 34 local government councils to continue with projects implementation next week.
The governor further said his administration spent N55 billion in completing projects inherited from the late President Umar ‘Yar’adua’s administration during his tenure as governor in 2007.
Some of the projects inherited and completed, according to him, include the Umar Musa ‘Yar’adua University, Katsina, the Katsina Airport, and Turai ‘Yar’adua Child and Maternal Hospital, among others.
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He said that when he assumed office in 2007, the state was receiving N2.8 billion from the Federation Account, out of which, N1.2 billion went into salary payment.
The governor said the state monthly Internally Generated Revenue (IGR) was N132 million.
Shema noted that through his administration’s efforts the state internally generated revenue increased to one billion naira monthly.
He, however, expressed regrets that from January to April 2015, the IGR dropped by N300 million.
The governor said his only regrets was the non-completion of the Lambar Rimi Windmill Power project.
He further said: "so far at least five turbines at the site were raised".