Benue debt stands at N90 billion – Ortom

The debt profile of Benue State currently stands at N90 billion according to preliminary investigation by government.

Governor Samuel Ortom  told students and other union leaders from the Benue State University at separate meetings in Makurdi Friday that the debt includes N50 billion for ongoing contracts, N18 billion for certified ones, N12 billion for salary arrears and about N10 billion  for bonds and bank loans.

Government, he said, has already received offers from some banks and would soon approach the State House of Assembly for approval to obtain a loan for the purpose of settling its financial obligations.

It will start by paying its workers one month’s salary across board and to ensure the take off of both the executive and legislative arms of government.

Ortom said the move was to demonstrate to the state work force that he was seriously concerned about their plight.