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

NEW LAFIA BYPASS ENDS YEARS OF TRAFFIC NIGHTMARE, TRANSFORMS MOBILITY AND LIVELIHOODS

BY MOHAMMED MUSAResidents and motorists in Nasarawa State are...

Kaduna Marks World Press Freedom Day, Reaffirms Commitment to Media Independence

By Achadu Gabriel, KadunaKaduna State has reaffirmed its commitment...

EFCC Re-arraigns Lawyer for Alleged N91 Million Land Fraud in Enugu

By Francis WilfredThe Enugu Zonal Directorate of the Economic...

From Ports to Food: How Partnership with China is Driving Nigeria’s Economic Transformation

For years, Nigeria’s conversations around economic transformation have been...

Langtang South Youths Demand Retention of House of Reps Seat

By Israel Adamu, JosA coalition of youths and stakeholders...

Gunmen Kill Family of Five, One Other in Fresh Plateau Attack

By Israel Adamu, JosTragedy struck in Barkin Ladi Local...

Momodu Says Tinubu’s Influence Driving Opposition Alignments Ahead of 2027

A chieftain of the African Democratic Congress (ADC), Dele...

“Your Queen Killed a Million Irish…” — Sliwa Criticizes British Royal Legacy

Curtis Sliwa, founder of the Guardian Angels and former...

‘Stay Away from Man United’ — Osimhen Gets Arsenal, Barcelona Transfer Advice

Victor Osimhen has reportedly been advised to avoid a...

Top 10 Best Strikers in the World Right Now

You can have the most technically gifted full-back, the...

Related Articles

Popular Categories

spot_imgspot_img