Office of the Director General, Kano State Debt Management Office

10/09/2025

KANO STATE 2024 DEBT SUSTAINABILITY ANALYSIS(DSA)/MEDIUM TERM DEBT MANAGEMENT STRATEGY(MTDS):

Section 16(c) of the Law that established the Kano State Public Debt Management Office 2021 mandates the office to “conduct on annual basis Debt Sustainability Analysis (DSA) and Medium Term Debt Management Strategy (MTDS). This year's event took place in Dutse, Jigawa State.

The event was blessed with numerous academic players, civil society organisations and senior civil servants from various relevant MDAs.

On first day 6th September, 7 experts presented their papers as follows;

1. Challenges and Opportunities in Reforms Implementation: Evidence from Medium-Term Debt Management Strategy (MTDS) by Abba A. Danguguwa, Permanent Secretary, Ministry of Science, Technology and Innovation, Kano State.

2. Understanding the Silent Provisions of Kano State Debt Management Law, 2021 by Dr Abdussalam Kani, Dept of Economics, Sa’adatu Rimi College of Education.

3. Relevance of MTDS for sub-national governments by Auwalu Abba, Dir Debt Analysis & Risk Management, Kano State Public Debt Management Office.

4. Debt Sustainability Analysis from Islamic Perspective: Key Lessons for Kano State by Dr Nura Abubakar Gwadabe, Department of Islamic Studies, Northwest University Kano.

5. A Review of Debt Sustainability Analysis (DSA): An Integrated Approach to Debt Management Strategy (DMS) by Prof. Garba Ado, Department of Economics, Ahmadu Bello University, Zaria.

6. Enhancing Kano State Debt Sustainability through Medium-Term Debt Management Strategy (MTDS): Balancing Growth, Risk and Fiscal Responsibility by Ahmad Garba Auwal, Director Final Account, Office of the Accountant General, Kano State Ministry of Finance.

7. Debt sustainability and Internal Revenue Generation by Prof. Ibrahim Magaji Barde, Special Adviser, IGR to His Excellency Kano State Governor.

Second day 7th September 2 papers were presented as folllows;

1. Financial Statements and Debt Stock Market Participation: Understanding the Metrics to Analyse by Rabiu Abdullahi, Director Final Account, Office of the Accountant General, Ministry of Finance, Kano State.

2. Implementing & Monitoring the Medium-Term Debt Management Strategy (MTDS) for Kano State by Prof Ismail Tijjani, department of banking and finance, Ahmadu Bello University, Zaria.

Equally, the 2024 DSA template was presented by two experts Abdulkadir and Nura from BLUENNOVATE CONSULT LTD, it highlights the state’s debt stock, debt portfolio and entire debt profile in relation to other macroeconomic variables such as GDP, IGR and exchange rates and interest rates.

In this regards, the forum applauds the commitment of His Excellency the executive governor of Kano State Alh. Abba K Yusuf timely repayment of outstanding debts portfolio of the State.

This administration within last one year has offsets #11,020,386,370.00 domestic and 8,428,494,117.00 billion foreign debts respectively, this brings a total of #19,448,880,487.00 billion debt services for the year 2024. N.B: The debt repayments for 2025 will soon be available.

Hamisu Sadi Ali, Ph.D.,
Director General,
Kano State Public Debt Management Office,
September 2025.

12/06/2025

PRESS RELEASE

RE: KANO STATE GOVERNMENT BORROWED $6.6M EXTERNAL LOAN

The attention of Kano State Public Debt Management Office has been drawn by Daily Nigerian publication of Wednesday 11th June 2023 that, one APC Patriotic Volunteers Group accused Kano State Government of contracting a new loan of $6.6M (USD) within two years of NNPP administration.

To our dismay and surprise, the leader of the group who happened to be the Secretary to the State Government when the law that established Kano State Public Debt Management Office 2021 was signed, by his principal former Governor Dr. Abdullahi Umar Ganduje, shows a sign of ignorance and lack of understanding of the law, or he is selfishly blind to achieve a mere political goal. If Usman Alhaji a leader of the group, as the then Secretary to the State Government claimed ignorant of the law, that established Kano State Public Debt Management Office.Let us educate and remind him about section 4(b) of the Kano State Public Debt Management Office Law 202, which clearly states that, the State Debt Management Office shall “subject to the provision of the act, borrow on behalf of the Government, from any individual or institutional bodies”. It is important to note that by the power vested on the State Public Debt management Office, the Government will not borrow a single penny without the knowledge of the State Public Debt Management Office.

Let me make it categorically clear that, since the inception of NNPP led-administration till today, Kano State Government under the able leadership of His Excellency Alhaji Abba Kabir Yusuf, did not contract or sign any fresh external or domestic loan, but rather we are still trying to service the excessive external and domestic loans that Abdullahi Umar Ganduje led-APC regime borrowed, for the State during his wasted 8 years of administration. However, since APC Patriotic Volunteers group claimed that they went to the Federal Debt Management Office Abuja and realised that we contracted a new external loan, they should please provide the public with the following documents that serve as regular documentation for every external loan, be it multilateral or bilateral;

Name of the creditor
Loan subsidiary agreement
Purpose of the loan
Loan amortization schedule
Loan tenor
Loan nature is it multilateral or bilateral
Loan negotiation documents, etc.

People are now smarter and wiser enough to differentiate between sugar and salt, you cannot just make a mere allegation without facts and think you will be taken serious

The Kano State Governor, Alh. Abba Kabir Yusuf will not be distracted by your politically masterminded propaganda, but would continue to focus on providing necessary dividends of democracy to the good people of our dear State. The good people of Kano State and Nigeria at large, should kindly disregard and ignore this malicious, baseless and false claim that that has been politically inclined.

Thank you.

Signed:
Hamisu Sadi Ali, Ph.D,
Director General,
Kano State Public Debt Management Office,
12th June, 2025.

12/05/2025

The Director General , Hamisu Sadi Ali, PhD, In A Tete-a-Tete With Liberian Brother Muhammad Sambolah During The Just Concluded WIFEM Training At CBN Learning Centre, Lagos-Nigeria.

30/03/2025

On behalf of the Office of the Director-General, Kano State Debt Management Office, Dr. Hamisu Sadi Ali, I extend my heartfelt greetings to all the good people of Kano State and beyond as we celebrate the blessed occasion of Eid al-Fitr.
Eid is a time of reflection, gratitude, and unity. It is a moment to celebrate the values of peace, love, and togetherness that bind us all. As we mark this special day, let us remember the importance of compassion, cooperation, and continued collective efforts towards the growth and development of our great state and nation.
In this spirit of unity, let us work together towards fostering sustainable economic progress, ensuring the wellbeing of our communities, and strengthening the fabric of our society. May this Eid bring joy, prosperity, and good health to all.
On behalf of the Debt Management Office, I wish you and your families a peaceful, blessed, and prosperous Eid.
Dr. Hamisu Sadi Ali
Director-General
Kano State Debt Management Office

30/03/2025

01/03/2025

Ramadan Complementary Message
From the Office of the Director-General, Dr. Hamisu Sadi Ali
Dear Staff of the PDMO and Esteemed Members of the General Public,
As we embark upon the blessed month of Ramadan, I extend my warmest greetings to all staff members of the PDMO and the wider public. Ramadan is a time of spiritual reflection, increased devotion, and community unity. It offers us an invaluable opportunity to strengthen our faith, engage in acts of kindness, and demonstrate gratitude for the blessings in our lives.
I urge everyone to embrace the values of patience, compassion, and generosity that define this holy month. Let us continue to work together, not only in our professional capacities but also in fostering an environment of peace, mutual respect, and support for one another.
May this Ramadan bring you and your loved ones abundant blessings, good health, and prosperity. May your prayers be accepted, and may we all be granted the strength to navigate this holy month with sincerity and devotion.
On behalf of the entire PDMO, I wish you all a Ramadan filled with peace and reflection.
Sincerely,
Dr. Hamisu Sadi Ali
Director-General, PDMO

17/02/2025

Today marks a significant milestone in the journey of youth empowerment as the Director-General of PDMO Dr Hamisu Sadi Ali joins hands under the committee for the revival of 26 entrepreneurship Institutes kano state to shape the future of our vibrant youth!
A special thank you to the Executive Governor of Kano State, Eng. Abba Kabir Yusuf, for his remarkable support in providing a toolbox and a brand new laptop to our talented youths. These tools are not just items – they are pathways to knowledge, growth, and new opportunities. 💻🔧
By investing in the skills and innovation of the youth, Governor Yusuf is laying the foundation for a brighter, more prosperous Kano. This initiative reflects the administration's commitment to equipping young people with the necessary resources to succeed in today’s fast-evolving world.
Together, we are empowering the leaders of tomorrow!

30/01/2025

Dear Hamisu Sadi Ali Ph.D.
Director-General PDMO Kano

On behalf of the entire staff of the Kano State Public Debt Management Office, we are delighted to extend our heartfelt congratulations to you on your remarkable achievements!

We celebrate with immense pride your recognition as the Most Cited Researcher in the Department of Economics at Ahmadu Bello University, Zaria. This prestigious honor is a testament to your exceptional scholarship, intellectual contributions, and the profound impact of your research in the field of economics. Your work continues to inspire not only your peers and students but also the broader academic community.

Furthermore, we rejoice with you on your well-deserved promotion to the rank of Associate Professor by the Governing Council of Ahmadu Bello University. This milestone is a reflection of your dedication, hard work, and unwavering commitment to excellence in academia. It is a fitting recognition of your outstanding contributions to teaching, research, and community development.

As our Director-General, you have consistently demonstrated exemplary leadership, vision, and a deep commitment to public service. These achievements further highlight your versatility and excellence in both administrative and academic spheres.

We are immensely proud to have you as our leader and are confident that you will continue to excel in all your endeavors. Your accomplishments are a source of inspiration to us all and a beacon of pride for Kano State.

Once again, congratulations on these well-deserved honors. We wish you continued success, good health, and fulfillment in all your future pursuits.

Warm regards,
The Staff of the Kano State Public Debt Management Office

16/01/2025

As the Director-General of the Debt Management Office (DMO) in Kano State, Dr. Hamisu Sadi Ali recognizes the crucial role that effective debt management plays in fostering sustainable development, financial stability, and accountability within the state and its 44 local government areas (LGAs). Under his leadership, the importance of the DMO can be summarized in the following key areas:

Ensuring Fiscal Responsibility and Sustainability: The DMO, under the guidance of Dr. Hamisu Sadi Ali, ensures that both the state and its local governments borrow within sustainable limits. This approach prevents over-indebtedness, which could compromise the ability to meet financial obligations and negatively impact future generations.

Supporting Economic Development through Prudent Debt Utilization: Dr. Hamisu Sadi Ali emphasizes the strategic use of borrowed funds for investment in critical infrastructure, healthcare, education, and other developmental projects. Proper debt management allows Kano State and its LGAs to access necessary funding for growth without jeopardizing long-term economic stability.

Strengthening Transparency and Accountability: One of the key priorities of the DMO, under Dr. Ali’s leadership, is to ensure transparency in the state’s borrowing and debt servicing activities. By providing accurate, timely, and accessible debt-related information, the DMO fosters public trust, ensuring that funds are used for their intended purposes and in line with approved budgets.

Optimizing Debt Structure: Dr. Ali’s leadership focuses on optimizing the debt profile of Kano State and its LGAs. This involves negotiating favorable terms for loans, such as interest rates and repayment schedules, to minimize financial strain on the state's budget and ensure more efficient use of public resources.
Managing Risk and Protecting Financia carefully monitoring external fact

15/01/2025

Kano State Debt Management Office (DMO) has established offices across the 44 Local Government Areas (LGAs) in the state.This in compliance with the Kano State Debt Management Office Law, 2021, specifically section 4.The initiative aims to enhance th

15/01/2025

with the Kano State Debt Management Office Law, 2021, specifically section 4, the Kano State Debt Management Office (DMO

15/01/2025

In compliance with the Kano State Debt Management Office Law, 2021, specifically section 4, the Kano State Debt Management Office (DMO) has established debt