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

Obi Dumps Labour Party for ADC, Rallies Opposition Ahead of 2027

Former Labour Party presidential candidate in the 2023 general...

PANDEF Calls for Renewed Focus on Peace and Development in Niger Delta

By Bobby OshokeThe Pan Niger Delta Forum (PANDEF) has...

Man United Go All In With €90m Bid for AFCON Wonderkid

Manchester United have reportedly stepped up their pursuit of...

Banks’ Bad Loans Spike After CBN Withdraws Forbearance

Nigeria’s banking sector recorded a rise in bad loans...

Dogara Urges Nigerians to Embrace 2026 with Hope and Unity

Rt. Hon. Yakubu Dogara, former Speaker of the House...

Court Jails Man Two Years for N48.9m Theft

By Francis Wilfred Justice Rahman Oshodi of the Special Offences...

Court Jails Three for Naira Mutilation in Sokoto

 By Francis Wilfred Justice Ahmad Mahmud of the Federal High...

VeryDarkMan Finally Unveils Girlfriend Amid Rumoured Romance With Jojo of Lele

Popular social media critic VeryDarkMan has officially introduced his...

‘Together Always’: Lookman Shares Photo With Osimhen After Mozambique Win

Super Eagles forward Ademola Lookman has shared photos of...

Man United Go All In With €90m Bid for AFCON Wonderkid

Manchester United have reportedly stepped up their pursuit of...

AIG Zone 4 Inspects Burnt Police Mobile Force Base in Makurdi, Orders Probe

By Isaac Kertyo, MakurdiThe Assistant Inspector-General of Police (AIG)...

Langtang Road Crash: Council Chairman Urges NURTW to Enforce Safety Measures at Motor Parks

By Israel Adamu, JosThe Executive Chairman of Langtang North...

Related Articles

Popular Categories

spot_imgspot_img