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

Nigeria Poised to Lead Africa’s Digital Trade Future — Afreximbank

Nigeria is strategically positioned to drive Africa’s emerging digital...

Nigeria Media Expert Calls for Protection of Journalists, Journalism Profession

By Joyce Remi-BabayejuFormer President of the Nigeria Union of...

Defected Rivers Lawmakers Free to Leave PDP — Wike

The Minister of the Federal Capital Territory, Nyesom Wike,...

Senator Dafinone Urges Delta’s UPU Leaders to Promote Unity, Peace, and Development

By Anne AzukaSenator Ede Dafinone, representing Delta Central Senatorial...

Health: ANHEJ Calls for Urgent Local Funds Mobilization Amid Dwindling Foreign Funds

By Joyce Remi-BabayejuThe Association of Nigeria Health Journalists, ANHEJ,...

Igoche Mark to Honour Lagos Legends Basketball Club at Grand Abuja Reception

In recognition of their historic victory in the recently...

2027: Delta Central APC Stakeholders Reaffirm Loyalty to Tinubu, Oborevwori

By Anne AzukaLeaders and stakeholders of the All Progressives...

NYA Appoints Six State Chairmen Across South-South to Strengthen Youth Mobilisation

By Jabiru HassanThe Office of the National Vice President...

Miaphen Calls for Calm Over Gov. Mutfwang’s Rumoured Defection to APC

By Israel Adamu, JosCoordinator of the Renewed Hope Advocates...

EFCC fighting financial crimes, not persecuting people- ACE Oshodi

By Emeka Samuel,UyoThe Economic and Financial Crimes Commission, EFCC,...

Related Articles

Popular Categories

spot_imgspot_img