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

MultiChoice Nigeria appoints Kemi Omotosho as new CEO

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

EPL: Chelsea Beat Brentford 2-0

Chelsea recorded a hard-earned 2-0 home victory over Brentford...

Wenger Hails ‘Unbelievable’ AFCON 2025 as Morocco, Senegal Set for Final Showdown

FIFA’s Chief of Global Football Development, Arsène Wenger, has...

FG Inaugurates 24- Member Committee to Strengthen Power Supply Across Health Facilities

By Joyce Remi-BabayejuThe federal government has inaugurated a 24-member...

FCTA Workers’ Strike Looms as Union Leaders Summoned by DSS

Francis WilfredAbuja, Nigeria - The Joint Unions Action Committee...

Abia 2027: Otti Dismisses Opposition Threats, Vows Focus on Governance

By Okechukwu Keshi UkegbuAbia State Governor, Alex Otti, has...

Bayelsa Police Arrest Key Suspect in Kidnapping of High Court Judge Omukoro

The Bayelsa State Police Command has arrested a key...

FG Seeks Appeal Against Court Order to Investigate Attacks on Journalists in Nigeria

By Achadu Gabriel, KadunaThe Federal Government has applied to...

Ododo Urges Nigerian Army to Be Proactive, Focused at 12 Brigade WASA in Kogi

From Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed...

My government remains focused- Gov. Otti

By Okechukwu Keshi UkegbuGovernor of...

Nephew Linked to Kano Family Massacre as Residents Recount Horror

Fresh details have emerged over the gruesome killing of...

Tinubu Orders Probe into Killing of Woman And Six Children in Kano

President Bola Tinubu has ordered a comprehensive investigation into...

Related Articles

Popular Categories

spot_imgspot_img