Connect with us

Headlines

Benue Govt. spends $2.82m to service loans in 1 year

Published

on

Alia appoints head of agric company, others

Gov. Hyacinth Alia of Benue says his administration has spent $2.82 million (N4.53 billion) to service external loans between June 2023 and June 2024.

Alia made the disclosure in a statement signed by his Chief Press Secretary, Sir Tersoo Kula, and made available to the News Agency of Nigeria (NAN) on Monday in Makurdi.

The governor said that Benue has not borrowed funds since the inception of his administration but paid the said sum to reduce the state’s debt burden.

He further stated that the Debt Management Office (DMO) recent report confirmed that the external debt profile of Benue has experienced a sharp decrease within the period under review.

“Recall that having inherited over 350 billion in debts from the previous administration, the administration has been cautious about taking loans, despite initiating numerous projects across the state, with many already completed.

“We are changing the narrative for good governance and massively delivering dividends of democracy to the people.

“We are consistent in insisting that the future of the state comes first and has demonstrated the highest level of decision-making and resource management,” he said.

He further stated that the current Budgets release of the third quarter of 2024, States Fiscal Transparency League Table, indicated that Benue has moved to 9th position from the 35th and 36th positions it had consistently shuffled since 2015.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Sanwo-Olu has no hand in Lagos Speaker’s impeachment — aide

Published

on

Sanwo-Olu has no hanMr Gboyega Akosile, the Special Adviser on Media and Publicity to Gov. Babajide Sanwo-Olu of Lagos State, says the governor has no hand in the impeachment of the immediate past Lagos State House of Assembly Speaker, Mr Mudashiru Obasa.

Akosile debunked rumour making the round that Sanwo-Olu was responsible for the removal of Obasa, over a perceived rift between him and the legislative arm.

Akosile made the clarification in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos.

“No, no, no. There is absolutely nothing true about that. I mean, no, the Governor does not have a hand in it. It was purely a legislative matter.

“The Governor is busy with serious matters, busy with taking care of the over 20 million Lagos population.

“What happened in the Hallowed Chamber of the House of Assembly was purely the prerogative of the legislators.

“I mean, we saw on the media, just like you, that the legislators removed the Speaker. We watched like every other person. The Governor must have watched it like any other person.

“I don’t think there is anything more to it other than that. So, absolutely, there is no hand of the governor in the impeachment of the Speaker,” Akosile told NAN

NAN reports that Obasa (APC-Agege1), a sixth-term lawmaker, serving his third term as Speaker, was on Monday removed by lawmakers

32 out of the 40 lawmakers, at an emergency plenary, impeached Obasa via voice votes over alleged gross misconduct.

NAN reports that the Assembly subsequently elected and swore in Deputy Speaker, Mrs Mojisola Meranda (APC-Apapa I) to replace Obasa while Mr Fatai Adebola (APC- Ibeji-Lekki I) was elected as the Deputy Speaker.

The House also suspended the Clerk of the Assembly, Mr Olalekan Onafeko, indefinitely during the plenary and dissolved all principal positions and standing committees.

Continue Reading

Headlines

Nasarawa govt moves to improve budget performance reporting, accountability

Published

on

Nasarawa govt talks tough against perpetrators of Gender Based Violence

Nasarawa government has taken steps to entrench transparency and accountability in its budgetting system through the adoption of International Public Sector Accounting Standards (IPSAS) chart.

Mr Polinus Wahe, Permanent Secretary, Ministry of Finance, Budget and Planning, stated this in Lafia on Tuesday, at the opening of a two-day training of 90 officials on IPSAS.

Wahe explained that the training, organised for directors of finance, accountants, cashiers and budget officers from Ministries, Departments and Agencies (MDAs) and tertiary institutions, was designed to improve budget performance reporting.

According to him, the training is geared towards elevating the standards of budget performance reporting in the state, in accordance with international benchmarks for transparency and accountability.

He explained that the adoption of IPSAS chart was to ensure that every financial decision was reflected in budget reports with utmost clarity and integrity.

“This training is designed to equip officers responsible for annual budget and budget performance report preparations across MDAs with the necessary skills to navigate the complex but rewarding schedule.

“The goal is not just to learn, but to transform our approach to budget implementation for an accurate, timely and transparent reporting system.

“This is crucial for informed decision-making needed to foster trust amongst stakeholders,” he said.

The Director of Budget in the ministry, Mr Peter Aklo, also said that the training would improve budget performance reports in the state.

Aklo said that the IPSAS chart makes for uniformity in the budget performance reporting process with specific coding for every expenditure item that could easily be interpreted globally.

“The chart also helps to ensure transparency which will address corruption, as every money spent must be accurately accounted for with the right code,” he said.

Continue Reading

Headlines

Benue Govt. takes steps to address herders/farmers clashes

Published

on

Alia appoints head of agric company, others

The Benue State Government has taken steps to address the incessant herders/farmers clashes and other challenges associated with livestock development.

Dr. Aondoakaa Asambe, Director-General (D-G), Bureau of Livestock Development and Transboundary Animal Diseases Control, said on Tuesday in Makurdi that Gov. Hyacinth Alia is determined to ensure peaceful coexistence of farmers and herders.

Asamabe said that in order to resolve the lingering clashes and entrench enduring peace, the bureau began engagement with stakeholders in the livestock sector to get firsthand insight into immediate and remote causes of the challenges.

The D-G, who met with the Miyetti Allah Cattle Breeders Association, Benue State Chapter, said that the information so gathered would help in the formulation of policies and projects that address the fundamental issues undermining livestock development.

He commended the members for their candour and acknowledged the depth of the challenges facing the sector.

Asambe, however, urged them to collaborate with the authorities to identify and expose criminal elements that might hide under the association in the guise of herders to perpetrate crimes.

The D-G emphasised that the cooperation was critical for ensuring access to interventions such as vaccinations, veterinary services, and improved animal husbandry practices.

He reaffirmed the commitment of the current federal and state governments to resolving the issues, which he said led to the establishment of the bureau.

“The bureau will carry out a comprehensive data capture of stakeholders in the livestock sector and also conduct animal census and give each animal a tag to reduce criminality.

“It will facilitate the establishment of ranches, breeding centres, and abattoirs to enhance the livestock value chain, particularly for beef and meat production.

“Mobilise your members to participate in the planned initiatives while ensuring that criminal elements are excluded.

“This meeting is the beginning of a peace process in Benue, and I am optimistic about the future of livestock development and harmonious coexistence,” he said.

Earlier, Mr Ibrahim Galma, Secretary General, Miyetti Allah Cattle Breeders Association, Benue Chapter, commended the government for engaging them over the challenges.

Galma said that the conflicts have led to loss of lives, destruction of property, and displacement of many residents.

The secretary said the association was facing several challenges, among which included the prevalence of livestock diseases.

“We are also facing issues of cattle rustling, leading to loss of animals and members to criminal activities.

“Because of the incessant attacks in the state and its resultant effects, there is no trust between herders and farmers.

Continue Reading

You May Like

Copyright © 2024 Acces News Magazine All Right Reserved.

Verified by MonsterInsights