Monday, March 16, 2026
  • About Us
  • Advertisement
  • Privacy Policy
The Daily Crucible
  • Home
  • News
  • Business
    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor  …

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor …

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Nigeria’s Overall Balance Of Payments Surplus Hits $4.60bn In Q3 2025

    Nigeria’s Overall Balance Of Payments Surplus Hits $4.60bn In Q3 2025

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Why I’m Married To SFG Akume – Zaynab

    Why I’m Married To SFG Akume – Zaynab

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    From Love to Loss: Eucharia Anunobi Recounts Husband’s Exit and Son’s Tragic Death

    From Love to Loss: Eucharia Anunobi Recounts Husband’s Exit and Son’s Tragic Death

    Police Re-arrest Actress Angela Okorie Minutes After Release From Suleja Prison

    Police Re-arrest Actress Angela Okorie Minutes After Release From Suleja Prison

    Fast Rising Singer Ifunanya Dies After Snake Bite At Abuja Home

    Fast Rising Singer Ifunanya Dies After Snake Bite At Abuja Home

    Police Arrest Suspect Over death of singer Destiny Boy

    Police Arrest Suspect Over death of singer Destiny Boy

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    National Sports Commission Mourns NAqF President Chamberlain Dunkwu

    National Sports Commission Mourns NAqF President Chamberlain Dunkwu

    Nigeria Aquatics Federation President Chamberlain Dunkwu Dies On Way To Swimming Competition

    Nigeria Aquatics Federation President Chamberlain Dunkwu Dies On Way To Swimming Competition

    Ogun Derby Showdown: Gateway FC, Beyond Limits To Lock Horns At MKO Abiola Arena

    Ogun Derby Showdown: Gateway FC, Beyond Limits To Lock Horns At MKO Abiola Arena

    Super Eagles Captain Ndidi Loses Father In Road Accident

    Super Eagles Captain Ndidi Loses Father In Road Accident

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
  • Home
  • News
  • Business
    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor  …

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor …

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Nigeria’s Overall Balance Of Payments Surplus Hits $4.60bn In Q3 2025

    Nigeria’s Overall Balance Of Payments Surplus Hits $4.60bn In Q3 2025

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Why I’m Married To SFG Akume – Zaynab

    Why I’m Married To SFG Akume – Zaynab

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    From Love to Loss: Eucharia Anunobi Recounts Husband’s Exit and Son’s Tragic Death

    From Love to Loss: Eucharia Anunobi Recounts Husband’s Exit and Son’s Tragic Death

    Police Re-arrest Actress Angela Okorie Minutes After Release From Suleja Prison

    Police Re-arrest Actress Angela Okorie Minutes After Release From Suleja Prison

    Fast Rising Singer Ifunanya Dies After Snake Bite At Abuja Home

    Fast Rising Singer Ifunanya Dies After Snake Bite At Abuja Home

    Police Arrest Suspect Over death of singer Destiny Boy

    Police Arrest Suspect Over death of singer Destiny Boy

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    National Sports Commission Mourns NAqF President Chamberlain Dunkwu

    National Sports Commission Mourns NAqF President Chamberlain Dunkwu

    Nigeria Aquatics Federation President Chamberlain Dunkwu Dies On Way To Swimming Competition

    Nigeria Aquatics Federation President Chamberlain Dunkwu Dies On Way To Swimming Competition

    Ogun Derby Showdown: Gateway FC, Beyond Limits To Lock Horns At MKO Abiola Arena

    Ogun Derby Showdown: Gateway FC, Beyond Limits To Lock Horns At MKO Abiola Arena

    Super Eagles Captain Ndidi Loses Father In Road Accident

    Super Eagles Captain Ndidi Loses Father In Road Accident

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
No Result
View All Result
Home Business

We Inherited 600 Bank Accounts, N359Bn Debt From Ortom – Benue Govt Insists 

... It's False, Ex - Governor Declares

The Daily Crucible by The Daily Crucible
October 20, 2023
in Business
0
We Inherited 600 Bank Accounts, N359Bn Debt From Ortom – Benue Govt Insists 

 

The Benue state government has alleged that Governor Hyacinth Alia inherited over 600 bank accounts operated by the immediate past administration of Governor Samuel Ortom.

You might also like

UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

The state commissioner for Finance and Budget Planning, Michael Oglegba, disclosed this on Thursday, October 19, saying  Governor Alia had justifiable cause to freeze all government accounts immediately after taking over from his predecessor

Oglegba spoke when the state Correspondents’ Chapel members paid him a courtesy call in Makurdi, the state capital, stressing that the Governor needed to understand what was on ground.

According to him, the new administration was shown only 25 government accounts operated by the State Government whereas the information at the Nigerian Inter Bank System however showed that the State had over 600 accounts.

He said: “When we came in, we asked for the accounts and bank statements and we were presented with about 25 bank accounts. A causal look at the Nigerian Inter Bank System showed that Benue Government has more than 600 accounts.

“So the governor needed to freeze those accounts to know exactly what was happening.”

Oglegba also said that the State wage bill has drastically reduced following the ongoing audits adding that the process was still ongoing and new figures would be announced when completed.

The Finance Commissioner also gave insight into the State debts profile, revealing that the state government was owning over N359bn including that of the Local Government Areas.

He explained that the state government was owning in excess N200bn while the remaining over N150bn were LGAs debts.

He added: “The debts own by the State itself was in excess of N200bn. This includes local and foreign debts. However, the LGAs also have their own debts, unpaid salaries, pensions, gratuities and local contractors that made up the other N150bn.

“So the Alia administration has no reason to lie about the State debts. We will be doing ourselves a great disservice if we say we own monies that we do not own. When we need loans for example who will give us?.”

The commissioner further disclosed that the handing over notes from the immediate past administration indicated that there were 19,000 pupils and 16,000 teacher but physically they do not exist.

ADVERTISEMENT

He said that by this figures it was clear that it was one pupil to one teacher.

Oglegba said the Alia administration has done so much within its five months in office without any borrowing.

He said there were ongoing construction of 16 township roads within the State Capital, lightening of Streets, rehabilitation and remodeling of State Assembly Complex, renovation of State Secretariat among others.

He said the State Government has also paid five months salaries in the last four months.

He said all contractors handling government projects in the State were also paid without collecting any loan.

He also urged the correspondents members to always be objective and balance all reports adding that the government needed them to succeed.

In his remarks earlier, Chairman of Correspondents’ Chapel, Mr Emmanuel Antswen said they came to partner with the commissioner to strengthen their working relationship.

Antswen assured that the chapel members would continue to support and promote Government policies as they always do.

However, ex – governor Samuel Ortom has dismissed the claims by the state government as false.

“The present government of Benue 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.

“The inflows Benue State was expecting at the time Governor Ortom was leaving office were: (a) Backlog of accumulated Stamp Duties – N48billion, (b) Refund from Debt Swap with Federal Government – N22.95 billion. Total = N70.95 billion.

“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.

“It should also be noted that owing to the efforts of the Ortom 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,” he stated.

 

 

Previous Post

Tinubu Withdraws Nomination Of Imam Imam As FERMA Chairman 

Next Post

Indigenes Reject Otti’s Appointment Of Anambra Industrialist, Udeagbala As Mayor Of Aba

The Daily Crucible

The Daily Crucible

The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

Related Posts

UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue
Business

UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

by The Daily Crucible
March 15, 2026
‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 
Business

‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

by The Daily Crucible
March 12, 2026
Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620
Business

Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

by The Daily Crucible
March 9, 2026
Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor  …
Business

Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor …

by The Daily Crucible
January 27, 2026
Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan
Business

Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

by The Daily Crucible
January 26, 2026
Next Post
Indigenes Reject Otti’s Appointment Of Anambra Industrialist, Udeagbala As Mayor Of Aba

Indigenes Reject Otti's Appointment Of Anambra Industrialist, Udeagbala As Mayor Of Aba

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Leave IGP Egbetokun Alone, LP Tells Sowore, Other Critics Of Tenure Extension

Leave IGP Egbetokun Alone, LP Tells Sowore, Other Critics Of Tenure Extension

February 4, 2025
OGHA Minority Leader Hosts Special Children, Installs Transformer In Constituency To Mark Birthday

OGHA Minority Leader Hosts Special Children, Installs Transformer In Constituency To Mark Birthday

July 5, 2024

Categories

  • Business
  • Column
  • Education
  • Entertainment
  • Health
  • Interview
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Politics
  • Property
  • Sports
  • World

Don't miss it

Kinsmen Ask Odumeje To Relocate To Sokoto Over Call For Nnamdi Kanu’s Release
News

Kinsmen Ask Odumeje To Relocate To Sokoto Over Call For Nnamdi Kanu’s Release

March 15, 2026
BREAKING: 2025 GATI Report Ranks Abia, Borno, Ekiti, Anambra, Kaduna, Osun, Delta, Kano, Enugu, Kogi As Performing States
News

BREAKING: 2025 GATI Report Ranks Abia, Borno, Ekiti, Anambra, Kaduna, Osun, Delta, Kano, Enugu, Kogi As Performing States

March 15, 2026
Army Dares IPOB Over ‘Fake IED’ Claims, Invites Media, Others To Inspect Orsu Operation Sites
News

Army Dares IPOB Over ‘Fake IED’ Claims, Invites Media, Others To Inspect Orsu Operation Sites

March 15, 2026
UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue
Business

UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

March 15, 2026
In Defence Of Daniel Bwala
Opinion

In Defence Of Daniel Bwala

March 15, 2026
Divide And Conquer: The US And Israel’s Detrimental Influence In Nigeria
Opinion

Divide And Conquer: The US And Israel’s Detrimental Influence In Nigeria

March 15, 2026
The Daily Crucible

The Daily Crucible Newspaper is an authoritative and independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, peace, progress, and greatness, given the heterogeneity of its citizens.

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.

No Result
View All Result
  • Home
  • News
  • Politics
  • Property
  • Business
  • Education
  • Health
  • Entertainment
  • About Us

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.