THE All Progressives Congress (APC) has cautioned commercial banks against granting the loan request by Gov. Samuel Ortom of Benue, whose tenure will end on May 29.
The Director of Communications, Alia/Ode Campaign Organisation, Mr Tersoo Kula, said this in a statement on Saturday in Makurdi.
Kula alleged that the State House of Assembly had on Tuesday approved another N1 billion revolving overdraft for Ortom, saying that such 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 a N1billion revolving overdraft for Ortom-led executive.
“We are surprised that the house is still approving loans for Ortom, knowing that he is left with less than three months in office.
He wondered why Ortom was still finding ways to multiply the state’s debt at the twilight of his administration and called on the people to reject the move.