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

Kogi Calls for Unified, Science-Based Healthcare Delivery on World Health Day

The Kogi State Government has called for stronger collaboration...

Wike’s Aide Explains Comment on Channels TV’s Okinbaloye

By Joyce Remi BabayejuThe Senior Special Assistant on Public...

NYA Urges Youths to Defend Democracy Amid Nigeria’s Challenges

The National Youth Alliance (NYA) has called on young...

‘I Wasn’t Happy’ – Patience Ozokwor Opens Up on Being Forced Into Early Marriage

Veteran Nollywood actress, Patience Ozokwor, popularly known as Mama...

2027 Polls: PNT Urges Nigerians to Support Tinubu’s Re-election

By Joyce Remi BabayejuA pro-government group, the Progressives Network...

Over 50 killed, 1000 abducted in kaduna LG in 3 months -villagers decry

 ...Say's N300m ransom paid..Say's "bandits pushing us from our...

Former National Assembly member, Tom Zakari emerges Kogi Chairman of ADC 

From Noah Ocheni, Lokoja A former member of the Federal...

Plateau Govt Seeks Public Input on Greater Jos Master Plan

By  Israel Adamu, Jos  The Plateau State Ministry of Housing...

New Ring heralds new era for boxing in A’ibom

By Ogenyi Ogenyi,UyoA newl era of success has began...

Transfer: Beşiktaş Target Super Eagles Striker Arokodare

Turkish giants Beşiktaş are reportedly planning a move for...

Related Articles

Popular Categories

spot_imgspot_img