Out-going Governor of Benue State, Mr. Samuel Ortom, yesterday handed over a debt profile of N187.56 billion of Benue state to the in-coming governor, Rev.Father Hycinth Alia.
He said although the debt situation of the state government at this time of the exit of his administration might appear on the high side, he assured them that his administration had taken proactive steps to negotiate, ensure significant debt reduction/reliefs. “Thus, by the time you discount or factor in the negotiated debt swap and the expected inflows, the State would attain a debt reduction and bringing down the state’s debt profile to N45.2billion.”
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