x

Benue Govt Wants CBN to Release N62 Billion Intervention Funds

By Isaac Kertyo Makurdi

Benue State Government has Implored the Central Bank of Nigeria, CBN, to as a matter of urgency release to it the sum of sixty two billion naira intervention funds, which he said other states of the federation have accessed.

Briefing Journalists shortly after the State Executive Council, SEC, meeting held at the Government House Makurdi, the Commissioner for Information and Orientation, Mr Michael Inalegu explained that out of the said amount, the sum of twenty billion is to be expended for infrastructural development, while forty two billion is meant for payment of Salaries and pensions.

Mr Inalegu who lamented that states like Kogi, Nassarawa among others have accessed the said funds, Benue State has been deliberately denied access to it, the situation he said the opposition All Progressives Congress in the state used against the present Government during electioneering campaigns.

” Benue State Executive Council has called on the Central Bank of Nigeria to as a matter of urgency release the sum of forty two billion naira intervention funds to enable it clear the backlog of arrears of salaries and pensions.

The opponents went and conspired that if the money is given to the present administration, it will clear salaries and pensions and there will be nothing for them to use against this Government.”

Continuing, the Commissioner said that the state government also secured twenty billion naira infrastructural development funds which is currently being withheld. He averred that the money was to be used to complete on going projects.

In another development, Mr Inalegu hinted that the Contributory Pension Scheme which the present government introduced has yielded positive results. He maintained that a total sum of sixty billion naira has been realized for the benefit of all pensioners in the state. Ends

Hot this week

Emir Sanusi Advocates New Economic Strategy in Nigeria–China Partnership

The Emir of Kano, Muhammadu Sanusi II, has called...

NSPRI Trains Agro-Processors on Post-Harvest Management, Value Addition in Kano

The Nigeria Stored Products Research Institute (NSPRI) has begun...

Kogi Poly Gets New Rector as Prof. Ogbo Hands Over to Prof. Avidime

Professor Salihu Sanusi Avidime has formally assumed office as...

CROSSJOF Condoles Senator Owan-Enoh Over Younger Brother’s Demise

By Joyce Remi- BabayejuThe Cross River State Journalists Forum...

Olumode: Driving Change in a New Dawn.

A civil society, pressure group, non-profit, and anti-corruption organization—the...

2Baba, Wife Natasha Osawaru Dedicate Newborn at Church Ceremony

Nigerian music star Innocent Idibia, popularly known as 2Baba,...

Chinese Embassy Rejects Allegations of Illegal Mining, Terror Financing in Nigeria

The Chinese Embassy in Nigeria has strongly refuted allegations...

Verydarkman Criticises Cubana Chief Priest Over APC Support, Mentions Nnamdi Kanu

Social media commentator Martins Otse, popularly known as Verydarkman,...

Uzor Arukwe Denies Allegations Linking Him to Bambam’s Marriage Rumours

Nollywood actor Uzor Arukwe has denied social media claims...

Plateau Commission Rescues Five Children, Arrests Three Over Alleged Trafficking to Cross River

The Plateau State Gender and Equal Opportunities Commission says...

El-Rufai Alleges Attempted Arrest by Security Operatives at Abuja Airport

Former Kaduna State Governor Nasir El-Rufai was allegedly confronted...

A’Ibom tasks sports officials on capacity building

By Ogenyi EmekaPaul Bassey, Commissioner for Sports in Akwa...

Related Articles

Popular Categories

spot_imgspot_img