Kwankwasiyya Questions Proposed ₦55bn Kano LG Loan
The Kwankwasiyya Movement has questioned the Kano State Government’s reported plan to involve the 44 local government councils in a proposed ₦55 billion loan, demanding explanations on the purpose of the borrowing,…
Kano State's local government areas have, since the restoration of LG autonomy following the Supreme Court ruling on financial independence for councils, come under greater scrutiny over how they manage funds received directly from the Federation Account. The Kwankwasiyya Movement, associated with former governor Rabiu Kwankwaso and a major political bloc in the state, has frequently positioned itself as an opposition voice to the current state administration, particularly on matters of governance and spending in the 44 LGAs it considers central to its support base.
The reports agree that the movement is questioning a proposed ₦55 billion loan the state government reportedly wants the local councils to jointly take on, with Kwankwasiyya demanding clarity on why the borrowing is needed and which projects it would fund. None of the accounts yet detail the specific terms of the loan, which bank or institution would provide it, or how the state government has responded to the demand for disclosure, leaving open questions about the transparency and accountability of the proposed arrangement.