Gov Fintiri Administration repays over 50% of Inherited Debt

The administration of Governor Ahmadu Umaru Fintiri has repaid more than 50% of the debt inherited by Adamawa State, marking a significant milestone in the government’s efforts to restore fiscal stability.

This achievement highlights the administration’s commitment to prudent financial management since Governor Fintiri assumed office in 2019. Through improved revenue generation, cost-cutting measures, and transparent governance, the state has successfully reduced its debt burden while continuing to invest in critical infrastructure and social programs.

Adamawa State has also recorded impressive gains in national rankings. The state has leaped from 23rd to 4th position in the Ease of Doing Business index, reflecting reforms that have streamlined processes, reduced red tape, and made the state more attractive to investors. Additionally, Adamawa has maintained a position among the top five states on the Fiscal Transparency League Table since 2023, demonstrating strong adherence to accountability, open budgeting, and public disclosure standards.

These developments underscore Governor Fintiri’s focus on sustainable economic growth, good governance, and positioning Adamawa as a leading example of progressive subnational administration in Nigeria.

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