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

FG moves to strengthen Mining Laws

By Ogenyi Ogenyi UyoThe president Nigeria Mining and Geosciences...

Anambra Family Seeks Police Protection Over Alleged Intimidation in Ogidi

Members of the Amobi royal family in Ogidi, Idemili...

Plateau govt condemns Kanam ambush, pays tribute to 20 fallen security heros

By Israel Adamu,Jos  Plateau State Government has strongly condemned the...

Tinubu Orders Political Appointees Seeking Office to Resign by March 31

President Bola Ahmed Tinubu has directed all political appointees...

Eid-el-Fitr: Oborevwori Urges Peace, Unity Among Nigerians

Delta State Governor Sheriff Oborevwori has extended Eid-el-Fitr greetings...

Eid-el-Fitr: PAAU Vice-Chancellor Felicitates Governor Ododo, Muslim Faithful

The Vice-Chancellor of Prince Abubakar Audu University (PAAU), Anyigba,...

Group Urges Government to Prioritise Needs of Women with Disabilities

The Joint National Association of Persons with Disabilities in...

Police Arrest Four Suspects Over Attempted Murder in Akwa Ibom

The Akwa Ibom State Police Command has arrested four...

Eid-el-Fitr: Works Minister Umahi Calls for Unity, National Development

The Minister of Works, David Nweze Umahi, has extended...

ADC Crisis: Party Faction Petitions US Embassy Over Leadership Dispute

By Francis WilfredA faction of the African Democratic...

Nigeria, UK Sign Agreements on Migration, Border Security, Business Visas

By Francis WilfredNigeria and the United Kingdom have...

NOA DG Felicitates Muslims on Eid-el-Fitr, Calls for Sacrifice, Unity,Tolerance

By Joyce Remi- BabayejuThe Director General of the National...

Related Articles

Popular Categories

spot_imgspot_img