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Wednesday, 26 August 2015

BENUE TO ACCESS N28 BILLION CBN LOAN By Tahav Agerzua



Benue State Governor, Samuel Ortom, has disclosed that the State Government would access N28 billion loan facility from the Central Bank of Nigeria for the payment of state and local Government salary arrears.

He made the disclosure today at the Evangelical Church Winning All, ECWA, Pastor’s conference holding at the Bethany Resort, Gboko, stressing that the loan was approved with single digit interest of nine per cent by the Federal Government as bail out for states owing salary arrears.
Governor Ortom said N2.5 billion would be for the payment of state government workers’ salary arrears while N15.5 billion would be for local government staff.
He assured that the money would be used strictly for the purpose for which it was intended adding that repayment has been spread over several years in order to enable states to stabilize on payment of salaries.
Giving the testimony of his life story before the congregation of 3,000 pastors, he stated that God had enabled him to overcome several challenges in life to arrive at his present position adding that the current challenges in the state shall be overcome to the glory of God.
“ I’ve taken over a state with a debt burden of over N169 billion but I have faith that God will help us to overcome this and other challenges to the glory of his name at the end of the day,” the Governor stated.
“I’ll live Benue better than I found it, by the grace of God”.
He reiterated his resolve to partner with the church for the development of the state in several sectors including education, health and agriculture while providing an enabling environment for soul winning which he described as the starting point for a better life.
ECWA President, Rev. Dr. Jeremiah Gado, represented by Assistant Secretary General, Rev. Eliazer Baba, urged Governor Ortom to be a good ambassador of Christ and predicted that God would help him to deliver on his mandate and move to a higher realm.



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