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

Armed Herdsmen Launch Attacks On Community in Benue, Residents Flee For Safety

By Isaac Kertyo, MakurdiArmed Herdsmen have reportedly launched...

Kogi State Polytechnic Matriculates 4,591 Students for 2025/2026 Academic Session

From Noah Ocheni, LokojaKogi State Polytechnic has officially matriculated...

MultiChoice Nigeria appoints Kemi Omotosho as new CEO

MultiChoice Nigeria has announced the appointment of Kemi Omotosho...

VAR errors rise to 13 in first half of EPL season

Video Assistant Referee (VAR) mistakes have increased during the...

Ondo governor marks 61st birthday with pardon for seven inmates

Ondo State Governor, Lucky Aiyedatiwa, has granted amnesty to...

Sugary drinks raise heart disease risk in children – Expert

A consultant cardiologist in Gombe, Dr Abubakar Sani, has...

EPL: Tottenham close in on £35m deal for Atletico midfielder Gallagher

Tottenham Hotspur are on the verge of signing Atletico...

MultiChoice Nigeria appoints Kemi Omotosho as new CEO

MultiChoice Nigeria has announced the appointment of Kemi Omotosho...

Kogi Sustains War Against Criminals as Security Operatives Kill Scores of Bandits in Air Strikes

From Noah Ocheni, LokojaThe Kogi State Government has recorded...

Three APC Chieftains Die in Kogi as Governor Ododo Mourns Party Leaders

From Noah Ocheni, LokojaThe Kogi State Government has announced...

Related Articles

Popular Categories

spot_imgspot_img