Plateau Governor-elect, Mutfwang Will Settle His Debts First

On May 29, the Plateau state governor-elect will become the state governor.

Plateau Governor-Elect, Mutfwang Reveals Plans To Settle Debt In The State

However, not only would the office be handed over to him. But, it also comes with a huge debt to settle.

Mr Mutfwang, during a visit to Kaduna last year, expressed worries over the huge debt burden hanging on Plateau State.

Months to the time he will take over, the governor-elect has shared his plans to offset the debt burden he is about to incur.

Not Rocket Science

According to Mr Mutfwang, he will increase the state’s internally generated revenue to pay off the debt.

“I have said it often that the issue of debt repayment is neither voodoo nor rocket science.

“We have to generate money to pay debts. So, the only way we can do it is to look at how to improve our IGR,” says Mutfwang.

He notes the need to block leakages and loopholes in the state’s tax system.

See: List Of Lawmakers Lobbying For Senate Presidency, Speakership

Also, he acknowledges the role of the private sector in boosting the state’s IGR.

“Now the key to this is that, first of all, we must be able to boost the confidence of our taxpayers.

“The loopholes in our tax system must be blocked.

“All the leakages must be blocked and we must make the system more efficient as we get along so that we can increase government revenue,” says the governor-elect.

According to him, this will also “give our creditors the confidence that we mean business and that they can do business with us.

“They will then be able to give us the space to restructure or reschedule some of those debts”.

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