Fidelity bank banner UBA banner
I inherited N90bn debt from Suswan, Gov. Ortom reveals

By News Express on 05/07/2015

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,806


Governor Samuel Ortom of Benue on Saturday said that he inherited a debt burden of N90 billion from the immediate past administration in the state.

Ortom, who disclosed this at an interactive session with newsmen in Makurdi, said the debt were for salaries arrears, bond, overdrafts, and contracts.

“The state Ministry of Finance reported that the N9.3 billion that the former governor disclosed to the public was the balance of the N18 billion bond he collected.

“The state is owing salaries arrears of N12 billion, contract ready for payment N18 billion, overdrafts N1.6 billion, ongoing contracts N50 billion, totalling N90 billion.

“That was why I took N10 billion bond to pay salaries, take off government from all the three arms and renovate the government house,’’ he said.

He explained that the bond was also to secure accreditation for the Benue State University Medical School, where students were in the school for over 12 years without graduating.

Ortom said that he received N1.7 billion statutory allocation and N500 million from the value added tax account.

He said that the wage bill of the state keeps on increasing, and pointed out that he had paid salaries for May, while June salaries would be paid after the staff audit.

The governor said his administration would always welcome superior arguments and constructive criticisms.

“Please do not run me or my government down. You are free to criticised my actions, but please be constructive in your arguments.

“If I fail history will be told that a journalist has failed and this will be a big minus to our pen profession.

“I am your governor, advised me and pray for me for the success of this administration because it will be said that when journalist come to power they don’t perform,” he said.

He also said that he was ready to reverse any of his decisions provided that a superior argument was put forward.

The News Agency of Nigeria (NAN) reports that the governor was the publisher of The Oracle Newspaper in the state. (NAN)

•Photo shows Ortom.

Source News Express

Posted 05/07/2015 05:43:55 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Okotie-Eboh’s faction says it’s the soul of Delta...

80 Nigerians commit suicide in 13 months

Kidnap saga: Rescued Okonjo-Iweala’s mother flown out

2 herdsmen remanded for alleged armed robbery

BREAKING: Arik Air bounces back after temporary suspension...

Understanding the impact of the Made in Aba...

Banks resume collection of foreign currency cash deposits...

20 MDAs seek NITDA’s clearance of IT projects...

Investments and Securities Tribunal delivers first judgment in...

Amosun slams militants, thanks Buhari for ongoing military...

18 percent of Anambra children under age 5...

Seun Kuti misses Felabration debut at Notting Hill...

 

Latest News Obi not on Twitter — Aide •Dismisses purported ‘lifeless’ tweet 2019 election: Group to mobilise 10 million votes for Atiku Fayose: Sacked DSS boss Daura lobbied me twice to support Buhari Fire for fire as Atiku, Buhari spokespersons attack each other 2019: Southeast solidly behind the choice of Peter Obi as Atiku’s running mate — Ohanaeze youths How Gov. Okowa is advancing democratic dividend through enterprise development in Delta Kachikwu conniving with PDP to kill APC in Delta — Group writes Buhari Why I attended OBJ-Atiku reconciliation meeting — Fr. Kukah Ex-minister, 4 others reappear in court over alleged N229m money laundering 13 dead as flooding hits southwestern France Nigerian Content Development and Monitoring Board partners Dangote Refinery on local content implementation Lagos records 6.6 million voters

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (406,432 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (382,143 views) Shameless Genevieve Nnaji exposes breasts in public (314,508 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (256,422 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (237,215 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (224,192 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (203,937 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (185,421 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (169,963 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (165,801 views) Lagos plane crash: Journalist releases victims’ names (161,361 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (149,191 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (67) Business & Economy (3,680) Business Verdict (52) Columnists (945) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (559) Features (659) Global Business Monitor (304) International (2,530) Interview (165) Live Commentary (28) Love Matters (145) News (39,617) Opinion (1,122) Pidgin (13) Politics (7,222) Religion (880) Sports (1,730) Stock Watch (35) AMA & Al Jazeera Global Update

 

Zenith Zero Balance

NLNG Expression of Interest banner

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Fulham vs Arsenal 1-5 All Goals & Extended Highlights

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement