Tuesday, 29 November 2016

BENUE YET TO RECEIVE PARIS AND LONDON CLUBS REFUND - OLOFU


Benue State Commissioner for Finance, Mr. David Olufu says the state is yet to receive from the Federal Government, the refund of over deductions from the State Government's allocations between 1995 and 2002 to settle Paris and London Clubs loan.



Mr. Olofu made the clarification at the end of the State Executive Council meeting presided over by Governor Samuel Ortom, following reports in the media that the state has received the funds.

The Finance Commissioner who jointly briefed newsmen with the Commissioner for Information and Orientation, Chief Ode Ageh, explained that although the Federal Government has agreed to refund 25% of the $181 million due to the state, it was yet to release the money.

He therefore enjoined the people to disregard reports being peddled in both the conventional and social media that N91 billion has been credited to the state, assuring that as soon as the 25% of the $181 million comes, in the government will adequately inform the people.

On his part, the Commissioner for Information and Orientation, Chief Ode Ageh said the State Executive Council directed the Finance Commissioner, that of Justice and BIRS to recover Pay As You Earn tax owed the state Government by some organizations.

He said Council also cleared San Carlos Limited, one of the companies indicted by the Justice Elizabeth Kpojime Commission of Inquiry, of indebtedness after it refunded N355.9 million naira to government coffers.

By Terna Injua

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