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

APC Crisis Could Deepen Ahead of 2027, Says Kaduna PDP Chairman

The Kaduna State Chairman of the Peoples Democratic Party...

Court Rejects Document in Alleged $35m NCDMB Fraud Trial

By Francis WilfredThe Federal High Court in Abuja...

Group Seeks Kogi Government Support to Rebuild Onu Egume Palace

A community group has called on the Kogi State...

Family Petitions Police Over Disappearance of 14-Year-Old in Katsina

The family of a 14-year-old boy, Delight Ejiofor, has...

2027: Ex-Kaduna Speaker Endorses Tinubu, Gov Sani, Declares for Senate

…Says Tinubu funded Northern governors more than predecessorsBy Achadu...

Hajj 2026: CSO Seeks Committee to Oversee Hady for Nigerian Pilgrims

By Jabiru HassanA civil society organisation, , has called...

Philanthropist Timdi Nkat to Challenge Plateau Speaker’s Fourth-Term Bid

By Israel Adamu, JosA philanthropist and businessman, , has...

Bayelsa IPAC Elects, Inaugurates New Executive Committee

The Inter-Party Advisory Council (IPAC), the umbrella body of...

Related Articles

Popular Categories

spot_imgspot_img