Immediate past Governor of Benue State, Chief Samuel Ortom, has dared his successor, Rev Fr Hyacinth Alia, to publish the books and prove that inherited N359 billion as debt profile of the state.


Ortom stated in this in a statement signed by his Media aide, Terver Akase and made available to newsmen in Makurdi on Tuesday.


He was responding to claims by Governor Alia, when he spoke in Abuja recently, that his administration inherited a debt of N359 billion.

Chief Samuel Ortom who noted that the claim smirks of mischief is said “The present government of Benue State is selling a narrative to unsuspecting people of the state that they inherited N359 billion as debt from the previous government led by Chief Ortom.

“This narrative is not only false but is also a deliberate stratagem to snooker the people.

“Curiously, this same government told the people via a statement by Governor Alia’s Chief Press Secretary in June this year that Governor Ortom handed N187.56 billion to them as debt, which was the same amount the former Governor mentioned while presenting handover notes to his successor.

“What the present government is saying about the state debts now contradicts their previous statement.”

Ortom said he was explicit in his handover speech that though the debt situation of the State Government at the time of his exit from office might appear to be on the high side (N187.56 billion), his administration had taken proactive steps to negotiate and ensure significant debt reduction/reliefs leading to Debt Swap Between Benue State and Federal Government as facilitated by the Nigerian Governors Forum.

According to him, “Total Debt Swap for State and Local Government Councils stood at N71.6billion.”


He also explained that the inflows Benue State was expecting at the time he was leaving office were “Backlog of accumulated Stamp Duties, N48 billion, Refund from Debt Swap with Federal Government – N22.95 billion totaling N70.95 billion.

He said when the negotiated debt swap and the expected inflows are discounted, the State was set to attain a significant debt reduction, bringing down its debt profile to N45.2 billion.

Ortom further explained that because of the efforts of his administration, Benue State by May 29, 2023, had outstanding approvals awaiting disbursement from the Federal Government including the balance of Bailout, N41 billion and a N20 billion Central Bank of Nigeria facility.

“At the same time, the Benue State government was expecting N9 billion as refund on withdrawals for subsidy and SURE-P. The Alia administration is yet to tell the people if it has already received the N9 billion SURE-P funds.”

Ortom noted that in his administration’s commitment to finding a lasting solution to the problem of pensions, State Government domesticated the Federal Government reforms in pension administration through the Benue State Pension Law, 2019, which introduced the Contributory Pension Scheme.

“Our administration met most of the requirements for full implementation status of the Contributory Pension Scheme. At the time I was rounding off his stewardship, over N8 billion had already been raised under the Scheme and Benue State was on the threshold of meeting the conditions for benefitting from the Contributory Pension Scheme including access to long-term loans and bonds for development projects or defraying existing pension liabilities.

Ortom argued that he also inherited assets and liabilities saying those before him, Governors Suswam, Akume and Adasu, also inherited assets and liabilities.

“If the Alia administration wants the people to believe their tale, they should publicly prove that his predecessor Chief Ortom handed over N359 debt to them.

“What baffles me is that the Alia administration has not disclosed to Benue people how much it has received from Abuja as federal allocations and what they have raised as internal revenue since they came on board. They are also mute on the monthly state wage bill.

“Since the Federal Government removed oil subsidy, allocations to states have increased enormously. Let the Alia government tell the people what has come to Benue as federal allocation in the last five months,” he said.

https://sunnewsonline.com/benue-publish-the-books-prove-you-inherited-n359-billion-as-debt-ortom-dares-alia/?amp

Rev Father, leave Ortom.
Don't engage in roforofo fight with anyone.
Ortom should have countered,by telling the world, exactly how much debt he left behind.

yinkus6750:
Rev Father, leave Ortom.
Don't engage in roforofo fight with anyone.
Ortom should have countered,by telling the world, exactly how much debt he left behind.

Did you even read the article?

Tooreda:




Did you even read the article?

That's basically how you know people who do not read because of the frenzy associated with leaving comments on the first page of every thread.

In a sane society, Ortom should have been cooling off behind bar somewhere. Worst of all governors to have ruled Benue.

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Obidunce former Gov. How marketi


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