Monday, March 27, 2023

Benue APC asks banks not to grant Ortom’s N1 billion loan request

Spokesperson of the Alia/Ode Campaign Organisation, Tersoo Kula, said the loan would deepen the debt profile of the state.

• March 11, 2023
Benue’s Governor Samuel Ortom
Benue’s Governor Samuel Ortom [Photo Credit: ThisNigeria]

The All Progressives Congress (APC) in Benue has cautioned commercial banks against granting loan requests by Governor Samuel Ortom, whose tenure will end on May 29.

The spokesperson of the Alia/Ode Campaign Organisation, Tersoo Kula, in a statement on Saturday alleged that the State House of Assembly had on Tuesday approved another N1 billion revolving overdraft for Mr Ortom, saying that such a loan would deepen the debt profile of the state.

“We have gathered on good authority that on Tuesday, Uba-led Benue House of Assembly covertly approved N1 billion revolving overdraft for Ortom-led executive.

“We are surprised that the house is still approving loans for Ortom, having known that he is left with less than three months in office.

“We wonder why someone who wants to govern the state will continue indulging in mischief targeted at increasing the already frightening loan burden for the leadership to come,” Mr Kula said.

He wondered why Mr Ortom was still finding ways to multiply the state debt at the twilight of his administration and called on the people to reject the move.

“What is it that Ortom thinks he can achieve within the remaining two months of his tenure that he is now adding to the heavy debts he had incurred for the state,” he said.


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