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: 2,849


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...
Fuel scarcity: Marketers threaten to expose saboteurs in...

Zaria Shiites tragedy: Army probe clears killer soldiers...

FG probes alleged tax evasion by NNPC, international...

Ahead 2019 elections: PDP Ghana Chapter endorses Atiku/Obi...

2019: Northern youths shortlist Atiku, 10 others for...

13,000 lives lost to Boko Haram war —President...

Missing oil revenue increases to $22.8b •NEITI exposes...

Fraud Allegation: Oronsaye released, returns to court July...

Anti-corruption war; PDP challenges EFCC to investigate APC...

Gareth Bale’s agents sign 4 Golden Eaglets stars...

Oil prices rise as U.S. lowers drilling

A word for Ayo Fayose, By Olusegun Adeniyi...

 

Latest News Key leader of group that abducted Leah Sharibu killed: Military Cross River APC chairman, wife die in ghastly motor accident Vigilante Security Summit holds in Abuja Monday Kidnapped Zamfara twins regain freedom APC to roll out campaign plans in one week 2019 Polls: Atiku to launch ‘policy document’ on Monday 2019: Oshiomhole lied; South-East solidly behind Obi — Aide 2019: Presidential, NASS campaigns begin today: INEC Otedola endorses Sanwo-Olu for Lagos governor Troops foil another Boko Haram attack in Borno Nigeria records 800,000 preterm births annually Fayemi okays N30,000 minimum wage

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (421,575 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (390,242 views) Shameless Genevieve Nnaji exposes breasts in public (323,185 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (271,725 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (244,315 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (227,560 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (209,183 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (190,746 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (176,020 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (168,655 views) Lagos plane crash: Journalist releases victims’ names (165,197 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (152,063 views)

 

Zenith Zero Balance First Bank banner

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (73) Business & Economy (3,797) Business Verdict (54) Columnists (964) Complaints & Requests (94) Enterprise & Opportunities (208) Entertainment (567) Features (669) Global Business Monitor (310) International (2,692) Interview (167) Live Commentary (28) Love Matters (146) Maggie's Blog (38) News (40,620) Opinion (1,142) Pidgin (13) Politics (7,767) Religion (901) Sports (1,777) Stock Watch (35) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera