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

Oba Community Leaders Petition EFCC, Demand Prosecution of Northbridge Energy Chairman

By Achadu Gabriel, KadunaCommunity leaders in Oba, Idemili...

Eight University of Jos Students Killed in Road Crash in Plateau State

By Israel Adamu, JosEight students of the University of...

Kogi Government Denies Alleged Sacking of 25 Political Appointees

By Noah Ocheni, LokojaThe Kogi State Government has dismissed...

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

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

NASENI Launches FutureMakers to Instill Innovation & Creativity In Younger Generations

The National Agency for Science and Engineering Infrastructure (NASENI)...

Activist Blames Gov Sani, Kaduna Assembly for Delay in Kafanchan FMC Take-Off

By Achadu Gabriel, KadunaAn activist, Comrade Daniel Ejembi, has...

“Igbo People Have the Sweetest Music in Nigeria” — Kiddwaya Declares

Reality TV star Kiddwaya has sparked conversation online after...

NDLEA Kano Commander Receives Courtesy Visit from LESPADA Executive Director

By Jabiru HassanThe Commander of the National Drug Law...

Related Articles

Popular Categories

spot_imgspot_img