{"id":94479,"date":"2023-08-18T08:13:46","date_gmt":"2023-08-18T07:13:46","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba"},"modified":"2023-08-18T12:18:58","modified_gmt":"2023-08-18T11:18:58","slug":"gov-kefas-n206bn-loan-request-raises-dust-in-taraba","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba","title":{"rendered":"Gov Kefas\u2019 N206bn loan request raises dust in Taraba"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Prominent Taraba indigenes have frowned at Governor Agbu Kefas\u2019 move to secure N206 billion in loans from commercial banks.<\/p>\n

Abdullahi Usman, an economic analyst, who alleged that the proposed loan violates laws guiding the process of loan application by the various tiers of government, urged the leadership of the Central Bank of Nigeria to halt the move.<\/p>\n

In a petition written to the acting governor of the CBN, Folashodun Shonubi, he urged the apex bank to instruct commercial banks against granting the loan.<\/p>\n

\u201cIf the CBN governor does not urgently wade into this matter, the state will be thrown into a perpetual state of abject poverty.<\/p>\n

\u201cThe state will also be saddled with an excruciating debt burden and an inability to meet its financial obligations, which will impact negatively on the capacity of the state to remain a viable entity,\u201d the petition read in part.<\/p>\n

\u201cThey should also present limitation of use of commercial bank loans to fund capital expenditures and state budgets and finally, restriction of all loan facilities to Taraba until after the final determination of the ongoing gubernatorial litigation by the Supreme Court,\u201d Usman added.<\/p>\n

Responding, the state government, through the Special Adviser to the Governor on Media and Digital Communications, Emmanuel Bello, said his principal followed due process.<\/p>\n

He said enemies of the government were behind the calls and had no right to ask the CBN to block the loan.<\/p>\n

\u201cWhy will he be petitioning the Central Bank of Nigeria (CBN) over loans to be sourced from commercial banks? Can the apex bank block loans that commercial banks seek to give?\u201d Bello asked.<\/p>\n

Members of the state House of Assembly recently approved the loans from some selected commercial banks to execute projects that would positively impact the lives of its citizens.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Prominent Taraba indigenes have frowned at Governor Agbu Kefas\u2019 move to secure N206 billion in loans from commercial banks. Abdullahi Usman, an economic analyst, who alleged that the proposed loan violates laws guiding the process of loan application by the various tiers of government, urged the leadership of the Central Bank of […]<\/p>\n","protected":false},"author":84,"featured_media":94478,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1570,2140,10632,254,3685],"class_list":["post-94479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-nigeria-2","tag-kefas","tag-nigeria","tag-taraba"],"yoast_head":"\nGov Kefas\u2019 N206bn loan request raises dust in Taraba - Nigeria<\/title>\n<meta name=\"description\" content=\"Prominent Taraba indigenes have frowned at Governor Agbu Kefas\u2019 move to secure N206 billion in loans from commercial ban ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov Kefas\u2019 N206bn loan request raises dust in Taraba\" \/>\n<meta property=\"og:description\" content=\"Prominent Taraba indigenes have frowned at Governor Agbu Kefas\u2019 move to secure N206 billion in loans from commercial ban ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-18T07:13:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-18T11:18:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/08\/sm_1692341175.233131.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1078\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gov Kefas\u2019 N206bn loan request raises dust in Taraba\",\"datePublished\":\"2023-08-18T07:13:46+00:00\",\"dateModified\":\"2023-08-18T11:18:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba\"},\"wordCount\":317,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/08\/sm_1692341175.233131.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Kefas\",\"Nigeria\",\"taraba\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/gov-kefas-n206bn-loan-request-raises-dust-in-taraba\",\"name\":\"Gov Kefas\u2019 N206bn loan request raises dust in Taraba - 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