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

Falz Slams Government Over Kwara Massacre, Cites Misplaced Priorities

Nigerian rapper and social activist Folarin Falana, popularly known...

China, Nigeria strengthen people-to-people ties through Wushu cultural exchange

Practitioners, students and cultural enthusiasts gathered at the China...

Olukoyede Cautions REDAN against Exposure to Financial Crimes

By Francis WilfredThe Executive Chairman of the Economic and...

NLC warns Senate over electronic transmission of election results

The Nigeria Labour Congress (NLC) has warned that workers...

Gunmen Kill One, Kidnap Woman in Kogi Border Community

By Noah Ocheni, LokojaOne person was killed and a...

The New Wave of Coups in Africa: Why Military Takeovers Are Back

By Babade Victor TemijopeOver the past four years, Africa...

Insecurity: One Killed, Woman Kidnapped by Gunmen in Kogi Community

From Noah Ocheni, LokojaGunmen have killed a young man...

Maikaya Praises Tinubu, Commends Sule at Nasarawa APC Thank-You Rally

By Abel Zwanke, LafiaA governorship aspirant of the All...

Group Faults Akwa Ibom Government Over JAMB Non-Recognition of State University of Education

By Ogenyi Ogenyi, UyoA civil society organisation, the Centre...

Psychiatric Hospital Kaduna Management Criticises NANNM over Strike Action

By Achadu Gabriel, KadunaThe management of the Federal Neuro-Psychiatric...

Plateau Government Flags Off Major Rural Road Projects Across Five LGAs

By Israel Adamu, JosThe Plateau State Government has commenced...

North-Central APC Forum Rejects Calls for Governors to Face Primaries Ahead of 2027

The North-Central All Progressives Congress (APC) Forum has opposed...

Related Articles

Popular Categories

spot_imgspot_img