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

EFCC Arraigns Man Over Alleged ₦9.87m Theft in Lagos Court

By Francis WilfredThe Economic and Financial Crimes Commission...

Wike Warns Makinde, Don’t Ignite a Fight You Cannot Finish

By Joyce Remi - BabayejuThe FCT Minister, Barr. Nyesom...

ADC Crisis: Party Faction Petitions US Embassy Over Leadership Dispute

By Francis WilfredA faction of the African Democratic...

Six Diseases Now Deadlier Than HIV Globally — WHO Data

New global health data from the World Health Organization...

TCN, NISO, KEDCO Strengthen Partnership to Improve Power Supply in Kano

The Transmission Company of Nigeria (TCN), in collaboration with...

Rising Anti-Foreign Protests Put Nigerians at Risk in South Africa

By Abdul Mahmoud YayaleTensions are once again rising...

PDP Screens Candidates Ahead of Convention, Signals Continuity in National Leadership

The Peoples Democratic Party (PDP) has begun screening aspirants...

Kogi Governor Calls for Objective Journalism to Strengthen Good Governance

Governor Ahmed Usman Ododo has urged journalists in Kogi...

TCN, NISO, KEDCO Strengthen Partnership to Improve Power Supply in Kano

The Transmission Company of Nigeria (TCN), in collaboration with...

Igoche Mark Seeks ABU Partnership to Expand Basketball Scholarships

Renowned basketball promoter Igoche Mark is exploring a partnership...

EFCC Memo Alleges $5m Telecoms Fraud Involving Afreximbank, FCMB and Others

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission...

Akpabio Reaffirms Senate Support for Proposed Anioma State Creation

President of the Senate, Godswill Akpabio, has reiterated the...

EU Seeks Partnership with FCT on Investment, Justice Reforms

By Joyce Remi-BabayejuThe European Union has expressed readiness to...

Related Articles

Popular Categories

spot_imgspot_img