x

My Administration Didn’t Borrow Any Money Since Inauguration -Gov Alia

By Isaac Kertyo, Makurdi
Governor Hyacinth Alia of Benue State, has debunked the allegation by the Punch newspaper that his administration has borrowed money amounting to billions since inauguration in May, 2023.
In a statement by the Chief Press Secretary, Tersoo Kula quoted his Boss as disclosing that: ” we read a report in the Punch newspaper of Sunday, March 31st, 2024, wherein the reporter alleged that, 13 new State Governors, including Benue, collectively borrowed N226.8billion from domestic and external financiers between the period of June and December, 2023.
The Governor noted that the analysis according to the report, is based on the latest  sub-national debt reports released by the Debts Management Office (DMO).
“We want to state emphatically that the government of Rev Fr Alia, has not borrowed any money from either domestic or external sources. All debts mentioned in the said report were incurred before May 29, 2023, and not after Governor Hyacinth Alia led administration took over office.”
The statement added that, the government of Rev Fr Hyacinth Alia, is skeptical of borrowings and will only do so when and if it becomes necessary and it is in the interest of the Benue people, particularly to fund critical projects.
He Implored the Punch newspaper reporter to be more investigative in his reports by providing accurate facts.

Hot this week

Court Grants Final Forfeiture of N3bn and Properties linked to NNPC Official

 By Francis Wilfred Justice J.O Abdulmalik of the Federal High...

Tinubu Urges Traditional Rulers to Strengthen Security, Unity at Falae Book Launch

By Wilfred FrancisPresident Bola Ahmed Tinubu has called...

Nasarawa Accountant General Resigns, Declares 2027 Governorship Bid

By Abel Zwanke, LafiaThe Accountant General of Nasarawa State,...

Tinubu Condemns Plateau, Kaduna Killings, Orders Security Crackdown

President Bola Tinubu has condemned recent attacks in Plateau...

Court Jails Man for Naira Abuse in Enugu

By Francis WilfredJustice of the Federal High Court sitting...

Open Letter to His Excellency, Prof. Babagana Umara Zulum

Your Excellency,Permit me, sir, to first commend your enormous...

Kaduna Labour Threatens Strike Over Delayed Salary Adjustments

The Joint Negotiating Council (JNC) in Kaduna State has...

Kaduna APC Denies Endorsing Preferred Candidates Ahead of 2027 Elections

The All Progressives Congress (APC) in Kaduna State has...

NYA Urges Leaders to Adopt People-Centred Approach Amid National Challenges

The National Youth Alliance (NYA) has called on political...

Youth Group Calls for Nationwide Protests, Urges Action on Political, Economic Challenges

The National Youth Alliance (NYA) has called for nationwide...

CACOL Criticises National Assembly Over Loan Approvals, Demands Transparency

The Centre for Anti-Corruption and Open Leadership (CACOL) has...

China, Pakistan Unveil Five-Point Initiative for Peace in Gulf and Middle East

China, Pakistan Unveil Five-Point Initiative for Peace in Gulf...

Wike Targets May Completion of Abuja Road Projects for Tinubu’s Anniversary

By Joyce Remi BabayejuThe Minister of the Federal Capital...

Related Articles

Popular Categories

spot_imgspot_img