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

IHR Applauds Kebbi pilgrims Board For Early Flight Manifest Release, Urges Others To Follow Suit.

By Jabiru Hassan.A faith-based civil society organisation, Independent...

APC fixes primaries, pegs presidential form at ₦100m

The All Progressives Congress has released its timetable for...

Tinubu Approves Minor Cabinet Reshuffle as Edun, Dangiwa Exit FEC

…Oyedele Elevated to Finance Minister; Darma Named NomineeBy Francis...

Izzy Christiansen Makes Bold Arsenal Claim After Man City Go Top

Former England international and Sky Sports pundit Izzy Christiansen...

End Paywall on Leadership, ADC Rep Aspirant Slams Costly Nomination Forms

End Paywall on Leadership, ADC Reo Aspirant Slams Costly...

Zawan Group Calls for Fair Political Zoning in Jos South Ahead of 2027 Elections

By Israel Adamu, JosA socio-political group, Zawan Vanguard, has...

Akpoti-Uduaghan to Appeal N1bn Judgment, Alleges Misrepresentation of Evidence

A Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has directed...

Bingham University to Award ₦231.3m Scholarships to 779 Students

By Israel Adamu, JosBingham University, Karu, Nasarawa State, says...

Kaduna Retirees Decry Unpaid ₦1bn Pension Arrears, Urge Governor Sani to Act on Agreement

By Achadu Gabriel, KadunaRetired Heads of Service and Permanent...

Kogi Reports Drop in Malaria Cases, Pledges Elimination Efforts

From Noah Ocheni, LokojaThe Kogi State Government says it...

Abuja Residents Applaud Tinubu, Wike Over Satellite Town Roads

By Joyce Remi-BabayejuResidents of satellite communities in Abuja, particularly...

Kogi Governor Ododo Pledges Youth Job Creation, NYSC Camp Upgrade

From Noah Ocheni, LokojaKogi State Governor Ahmed Usman Ododo...

ECWA Urges Members to Participate in 2027 Elections, Raises Concerns Over Insecurity and Roads

By Israel Adamu, JosThe Evangelical Church Winning All (ECWA)...

Related Articles

Popular Categories

spot_imgspot_img