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Exclusive: Plateau State in hidden financial crisis – N307 billion debt revealed

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Caleb Mutfwang

Governor Caleb Mutfwang of Plateau State has received reports from the Committee on a Four-Year Strategic Development Blueprint for Plateau State and the Plateau State Transition Committee. The reports, presented by Prof. Ganyir Lombin, provided insights into the state’s debt burden and the challenges faced by the previous administration. The debt inherited by the current administration amounts to a staggering N307 billion.

During the presentation at the New Government House in Little Rayfield, Jos, Governor Mutfwang assured everyone that the reports would not be neglected. He emphasized the importance of studying them thoroughly, conducting further investigations, and taking appropriate actions. The Governor expressed concern over the unexpected debt burden, which was initially believed to be around N200 billion. However, he remained optimistic about overcoming the challenges, particularly the issue of security, with the deployment of new security personnel and the appointment of a Special Adviser on Security.

Governor Mutfwang reiterated his commitment to fulfilling his constitutional mandate of safeguarding the lives and property of the people of Plateau State. He emphasized the need to restore Plateau State’s legacy as a Home of Peace and Tourism within a short period.

Prof. Ganyir Lombin, who headed the two committees, expressed gratitude for the opportunity to serve the state but highlighted operational challenges that prevented a joint presentation. He lamented that the outgoing administration of Barr. Simon Lalong did not provide the committee with the opportunity to contribute to the handover documents submitted before May 29, 2023.

Prof. Lombin pointed out that the handover notes presented by the outgoing administration on May 29, 2023, lacked necessary details and did not follow the agreed template developed by the Joint Committee. The revenue accrued to the Plateau State Government from May 2015 to May 2023 was stated as N872 billion, while the total expenditure was provided only up to December 2022, amounting to N810 billion. The absence of expenditure figures from January to May 2023 raised concerns and called for further scrutiny.

The committee highlighted other pressing issues, including a backlog of four months’ unpaid salaries to public servants, totaling over N11 billion, and outstanding gratuity and pension arrears amounting to N24 billion. The Legacy Projects of the state were entangled in controversies and unresolved legal cases, hampering their implementation. Additionally, 3,692 government assets and properties, including cars and houses, were sold at significantly low prices, both within and outside the state, requiring further investigation and appropriate action.

Prof. Lombin acknowledged the significant challenges inherited by Governor Caleb Mutfwang, including a near-bankrupt state, weak institutions, low public morale, and a high level of insecurity. Despite these obstacles, he commended the Governor’s determination to succeed in pursuing the collective interests of the people of Plateau State.

The reports presented valuable insights into the state’s financial situation and will serve as a foundation for the Mutfwang administration’s efforts to address the challenges ahead. The Governor’s commitment to transparency, accountability, and resolving the inherited issues is crucial for restoring the state’s stability and fostering development.

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NIA to Honour Past Governing Council Members, Former Director Generals

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The Nigerian Insurers Association (NIA) is pleased to announce plans to honour its past Governing Council Members and Director General in recognition of their invaluable contributions to the growth and development of the Association.

This initiative underscores the Association’s deep appreciation for the visionary leadership, dedication, and selfless service of those who have steered the affairs of the NIA over the years. Their efforts have laid a solid
foundation for the Association’s achievements and strengthened its role as the collective voice of the insurance industry.

The event is scheduled to take place on Thursday,30 April 2026, at the Insurers House, 42 Saka Tinubu Street, Victoria Island, Lagos, under the theme, “Service as the Cornerstone of Leadership and Institutional Legacy.”

Speaking on the significance of the initiative, the Chairman of the NIA, Mr. Kunle Ahmed, noted that honouring past Governing Council Members and Director Generals is not only a mark of respect but also a way of preserving the Association’s rich legacy.

He said that their guidance and commitment have been instrumental in shaping policies, fostering industry collaboration, and promoting public confidence in insurance as a tool for national development.

Kunle emphasized that the structures laid down by the past leaders, the values they upheld, and the sacrifices they made continue to resonate in the Association’s present achievements.

He noted: “Institutions are built over time, but their true strength lies in the people who devote themselves in service.

“This event is our way of pausing to honour those whose leadership and sacrifices created the pathway we now walk. Their legacy is not confined to history—it lives on in every milestone we celebrate today.”

The NIA Chairman further stated that by celebrating the Association’s past leaders, the NIA preserves its history, reinforces its values, and set a clear benchmark for future leadership.

According to him, the progress the Association enjoy today is firmly anchored in the foresight and dedication of its past leaders.

“Without question, they remain the bedrock of the NIA’s enduring relevance and success, he said.”

The ceremony will bring together industry stakeholders, regulators, and partners to celebrate these distinguished leaders and reaffirm the Association’s commitment to excellence, innovation, and sustainable growth.

The NIA looks forward to this memorable occasion as it continues to build on the foundations laid by its past leaders while charting new paths for the future of insurance in Nigeria.

The post NIA to Honour Past Governing Council Members, Former Director Generals appeared first on Business Today NG.

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40-year-old man bags two-year prison sentence over stolen car

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A magistrates’ court in Jos on Tuesday sentenced a 40-year-old painter, Dominic Maitala, to two years’ imprisonment for stealing a car.

The magistrate, Irene Pati, sentenced the convict, who pleaded guilty to the charge.

Ms Pati, however, gave the convict the option of a N100,000 fine and ordered him to pay N7 million in compensation and, in default, to serve an additional year in prison.

Earlier, the prosecutor, Ibrahim Gokwat, told the court that the complainant, Peter Walar, reported the case on March 17 at the Area Command Metro Police Station.

Mr Gokwat said the convict was told to watch the car at the garage, but he took the car away and claimed he was drunk and did not know who stole the car from his house, where he had parked it overnight.

(NAN)

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