Samuel Ortom, the immediate past Governor of Benue State, finds himself in the custody of the Economic and Financial Crimes Commission (EFCC). Our sources reveal that the ex-Governor was summoned by the anti-graft agency to answer questions regarding his tenure and allegations of financial misconduct.
At precisely 10:08 am, Ortom drove into the Makurdi zonal office of the EFCC, located on Alor Gordon street in the state capital. Without hesitation, he walked straight into the building, accompanied by his media aide, Terver Akase, and Principal Special Assistant on Special Duties, Abraham Kwanhgu. As of the latest update, Ortom remains within the premises, with no indication of his imminent release.
This development comes on the heels of Ortom’s recent handover of a detailed debt profile totaling N187.7 billion to the administration of Reverend Father Hyacinth Alia. The handover ceremony, held at the old banquet hall of the Government House in Makurdi, showcased three volumes of handover notes summarizing Ortom’s eight-year administration.
During the ceremony, Ortom shed light on the state’s financial situation, revealing that the total income generated over his eight-year tenure amounted to a substantial N734.9 billion as of April 2023. However, the state’s debt burden stood at N187.7 billion, including unpaid salaries, pension arrears, loans, and bonds, among other obligations.
In an effort to alleviate the state’s financial woes, Ortom informed his successor about a debt swap/reduction arrangement worth N97.716 billion between the state and the Federal Government. With an expected inflow of N48 billion, the negotiated debt swap would effectively reduce the state’s total debt profile to N45.2 billion.
Furthermore, Ortom disclosed that his administration had secured approval for a N41 billion loan and a N20 billion investment, demonstrating their commitment to addressing the state’s economic challenges.
As the investigation into Samuel Ortom’s stewardship unfolds, the public watches with keen interest, awaiting further updates on the matter. The outcome of this investigation could have significant implications for Ortom’s political future and the fight against corruption in the country. The EFCC’s thorough inquiry seeks to ensure transparency and accountability in governance, underscoring the importance of upholding the rule of law.
The nation eagerly awaits the resolution of this case, as it will undoubtedly shape the narrative of governance and integrity in Nigerian politics.