x

BNSG to Expend N18.5 Billion CBN”s Loan on Critical Needs, Says Gov Ortom

By Isaac Kertyo, Makurdi

Benue State Government has pledged to expend the Central Bank of Nigeria’s N18.5 loan on critical needs of the people of the state for faster development.

Governor Ortom who gave this indication at the Government House Makurdi, reiterated that the funds would be judiciously utilize for the good of all and sundry.

The Governor maintained that his administration would use the loan to offset the backlog of salary of civil servants, political appointees, gratuity and pension as well as payment of overhead and allowances to  Ministries Departments and Agencies.

According to the Governor, part of the funds would be spent on infrastructure development of the state as well as meet the needs of the Benue State House of Assembly.

Governor Ortom posited that Government wasn’t unaware of its constitutional mandate in managing available resources for the good of the people, assuring that he won’t succumb to undue pressures.

Hot this week

KEDCO, Labour Unions Suspend Industrial Action After Agreement on Workers’ Benefits

The Kano Electricity Distribution Company (KEDCO) and labour unions...

Osun LG crisis: APC, Adeleke trade accusations over council tenure

Osun State Governor Ademola Adeleke has accused his predecessor,...

Abia Labour Party Warns APC Against ‘Backdoor’ Power Grab

By Okechukwu Keshi UkegbuThe Labour Party (LP) in Abia...

Dogara Steps Into the Spotlight as Nigeria Seeks Unity

Since independence in 1960, Nigeria’s politics has been shaped...

Emir Sanusi Gains Admission to Study Law at Northwest University, Kano

By Fabian ApechihinKANO — The Emir of Kano,...

EFCC Arraigns Ex-NEDC Project Coordinator Over Alleged N2.28bn Fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned...

2027 Polls: Oborevwori Directs Police, Security Agencies to Arrest, Prosecute Armed Individuals

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff Oborevwori,...

Ododo Praises Tinubu’s Public Finance Reforms as Ibori Commissions Kogi Audit House

By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed Usman...

IGBO ADORATION DAY IS A LAUDABLE PROJECT,  OHANAEZE NDIGBO CHIEFTAIN 

   The President of Ohanaeze Ndigbo, Abia State Chapter,...

Wike Approves N12bn January Salaries of FCTA Workers Amid Strike

… Enumerates Key ReformsUnder AdministrationBy Joyce Remi-BabayejuThe Minister of...

Nigeria to Host 2026 Africa Research Conference via NIPRD, SPARK Collaboration

By Joyce Remi-BabayejuNigeria is set to host the 2026...

2026 budget proposal, Electoral Act to get legislative attention — Deputy speaker

The Deputy Speaker of the House of Representatives, Benjamin...

IPOB condemns heavy security deployment at Onitsha Main Market

The Indigenous People of Biafra (IPOB) has criticised the...

Related Articles

Popular Categories

spot_imgspot_img