The strategic economic and fiscal reforms of the Kogi State Government have begun to yield fruitful results, with the state now ranked as having the 5th lowest domestic debt among the 36 states of the federation and the Federal Capital Territory (FCT), according to the latest figures released by the Debt Management Office (DMO) as of March 31, 2025.

The report shows that Kogi State’s domestic debt stands at ₦20.38 billion, marking a significant drop from the ₦121.81 billion recorded in Q4 of 2023, when the state ranked 18th lowest in the country.

This reflects a remarkable debt reduction of over ₦101.43 billion in just over one fiscal quarter.

Speaking on the achievement, the State Commissioner for Finance, Budget and Economic Planning, Asiwaju Asiru Idris, attributed the success to the state’s aggressive implementation of global best practices in financial management, including prudent borrowing, enhanced revenue performance, and strategic expenditure control.

“We are deliberate in our financial approach, cutting waste and focusing on impactful spending. This improvement is not accidental; it is the result of Governor Ahmed Usman Ododo’s transparent , accountable and reform-minded leadership,” he said.

Also speaking, the Auditor General of the State, Alhaji Yakubu Okala, said Kogi’s improved debt standing is evidence of transparency and effective oversight.

“We ensure that all government funds are deployed strictly for their intended purposes. His Excellency’s accounting background has brought a culture of accountability and efficiency to every level of government. Our systems now deliver more results with fewer resources,” he said.

Alhaji Okala commended Governor Ododo’s unwavering support for fiscal institutions, saying the Governor has not only backed reforms but insisted on compliance and value-for-money across all MDAs.

Both the Commissioner of Finance and the Auditor General of the State agreed that the results are products of the hard work by the finance team in the last administration and the consolidation of the present administration in the State to ensure that the resources of the state serve for the people of the State.

They also attribute improved revenue to the reduced need for domestic borrowing, saying the State Government is conveniently funding a good number of capital projects in the State.

In a related development, the Kogi State Government says it has acquired licenses to fully participate in solid minerals mining in the State in a bold move to diversify the state’s economy and expand its revenue base.

The State Government confirmed that it has acquired 15 mining licenses to begin strategic participation in the nation’s solid minerals sector.

This was disclosed in a statement issued on Tuesday by the Commissioner for Information and Communications, Kingsley Femi Fanwo, who said the move was driven by the government’s resolve to ensure that Kogites benefit directly from the natural resources on their land.

“With these licenses, Kogi will now take its rightful place in the mining sector, not just as a host but as an active operator. This will unlock value, create jobs for our teeming youth, and grow our internally generated revenue,” Fanwo stated.

He also praised President Bola Ahmed Tinubu for the Federal Government’s support and the policy framework that now enables subnational entities to participate more directly in mining and resource development.

“This is a major economic breakthrough for our state. We thank Mr. President for enabling states like Kogi to take charge of their destiny. Governor Ododo’s leadership is positioning Kogi not just for today, but for a prosperous, resource-driven future,” Fanwo added.

He assured that the licenses would be put to use through environmentally responsible and community-focused mining initiatives that will stimulate industrial growth and promote local content development.

With the twin achievements of improved debt ranking and entry into strategic mining operations, Kogi State is fast becoming a national model in fiscal sustainability and economic diversification.

•Professor Charles Nnolim

Professor of English and World Literatures, Charles Nnolim, is dead.

Nnolim died in Port Harcourt, where he lectured for many years.

Though Nnolim’s age at death is not very clear, it is estimated at mid to late eighties.

Nnolim’s scholarly works include: “Approaches to the African Novel”, “Teaching African Literature Today,. “Literature, Literary Criticism and National Development.”

Prof Chijoke Uwasomba of the Obafemi Awolowo University, Ile-Ife who is familiar with Nnolim’s works, said that Nnolim remains one of the finest as far as literary criticism is concerned.

Nnolim left an impressive imprint that is fascinating and worthy.

Nnolim’s death is the fall of an iroko, which will definitely be felt in the literary world.

Nnolim is a product of the old Alvan Ikokwu College of Education.

He capped his intellectual height with a PhD from the Catholic University in the United States.

He returned to Nigeria, landing at the University of Port Harcourt, in the thriving and tempting atmosphere at the time Nigerian universities were seen as the place to be.

• ex-President Muhammad Buhari

Mallam Garba Shehu, the Spokesperson to former President Muhammadu Buhari, declared on Tuesday :” Buhari is Broke,” a Nigerian English for being hard up financially .

Garba Shehu maintained that Buhari left office with his personal integrity intact as nobody can say he gave him a bribe.

While insisting that Buhari is broke and does not have money, he also said that the allegation that the former President does not have a certificate was a product of politics surrounding the 2015 election.
Shehu stated these in Abuja while fielding questions from journalists after a press conference to announce the public presentation of his 260-page book on July 9 titled, “According to The President: Lessons from a Presidential Spokesperson’s Experience.”

According to him, contrary to insinuations, “Buhari is one of the most voracious readers in Nigeria.

He reads all Newspapers and asks for Newspapers every morning.

Shehu said Buhari did not speak to media because he was not a showman and wanted his work to impact on the people.