Gov. Buni Matches Words with Action: Yobe’s Debt Burden Falls Sharply as Fiscal Discipline Meets Development

Potiskum LGA Eyes
@muhammadnuraibrahim848393
27 days ago

Gov. Mai Mala Buni, CON, has once again demonstrated his administration’s hallmark of commitment to prudent financial management by significantly reducing Yobe State’s domestic debt burden, while still sustaining ambitious development projects across the state.

According to fresh data released by the Debt Management Office (DMO), Yobe’s domestic debt stock stood at ₦39.6 billion as of March 31, 2025, representing a sharp decline from ₦46.2 billion recorded in the last quarter of 2024, this remarkable reduction has firmly placed Yobe among the states with the lowest debt obligations in Nigeria.

The achievement resonates with Gov. Buni’s long-held pledge to entrench fiscal discipline, transparency, and responsible resource management as the bedrock of his administration.

Further affirming this, BudgIT’s 2025 State of States Report shows Yobe has improved its debt sustainability ranking from 23rd in 2023 to 8th in 2025, while maintaining one of the lowest foreign debts in the country at just $21.49 million. This shields the state from exchange rate shocks and ensures greater resilience in financial planning.

Despite these cost-cutting measures, Yobe under Gov. Buni has not slowed down on development, from health to education, infrastructure to agriculture, the administration continues to deliver projects that directly impact lives, proving that fiscal prudence and rapid development can coexist.

Analysts note that the downward trend in Yobe’s debt stock will ease the burden of debt servicing, free up more resources for capital investments, and strengthen the state’s economic stability in the long run.

By steadily reducing liabilities while expanding opportunities, Governor Buni is not only keeping his promise of financial responsibility but also setting Yobe on a sustainable path of growth, resilience, and prosperity.

Debt Reduction, Development Expansion — Gov. Buni Delivers on Both Fronts.

Mal. Ibrahim M. Nura
Special Assistant on Information and Communication to the Executive Chairman of Potiskum Local Government Area.

---

@madilynesch8413 @jonasreed3623