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

Van Dijk Addresses Salah–Slot Row After Inter Win

Liverpool captain Virgil van Dijk has broken his silence...

CSO Urges NAHCON to Refund Excess 2025 Hajj Fare to Over 44,000 Pilgrims

By Jabiru HassanCSO Renews Call for Refund of Excess...

Plateau Livestock Farmers Receive Intensive Training on Climate-Smart Pasture Development

By Israel Adamu, JosLivestock farmers across Plateau State have...

EFCC fighting financial crimes, not persecuting people- ACE Oshodi

By Emeka Samuel,UyoThe Economic and Financial Crimes Commission, EFCC,...

Asia and Nigeria Strengthen Ties as 7th Asian Film Festival Opens in Abuja

The 7th Asian Film Festival has commenced in Abuja...

CSOs Celebrate Akpabio with 5th Annual Lecture, Hail NASS–Executive Synergy

…..Pledges expanded civic actions and pro-development campaigns in 2026Rising-Up...

I Always Seek My Wife’s Permission Before Acting Romantic Scenes — Nosa Rex

Nollywood actor Nosa Rex has disclosed that he always...

Regina Daniels Says She Has No Plans to Remarry After Split From Ned Nwoko

Nollywood actress Regina Daniels has explained why she is...

Ancelotti Names Club He Believes Will Stop Arsenal in the Champions League

Brazil head coach Carlo Ancelotti has predicted that Arsenal...

Related Articles

Popular Categories

spot_imgspot_img