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CBN refuted reports of misappropriation of #3b agric. loan by Bayelsa State govt

Last updated: March 8, 2021 6:41 pm
4 years ago
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The Central Bank of Nigeria, CBN, has refuted reports making the rounds that the Bayelsa State government misappropriated #3b agriculture loan it gave to the state.

The Comptroller of CBN Bayelsa State branch, Francis Asuquo made the refutal during a coutesy visit to Governor Douye Diri in Government house Yenagoa.

Asuquo alongside his team told journalists that the visit was to intimate the governor on their social corperate responsibility and effect a good working relationship with the state.

Also Read: CBN Governor charged for refusing to pay N182bn judgment debt

Responding,Governor Diri expressed gratitude for the synergy with CBN in growing the state’s agricultural sector.

He warned citizens to desist from cheap blackmail aimed at distracting the government, but rather key into state Accelerated Agricultural Development Scheme designed to drive the local economy.

The #3b agriculture loan facility was facilitated by the immediate past administration,a partnership which the Diri’s government wishes to continue with CBN and other agencies to better the lot of Bayelsans.

(Editor:Abaje Usekwe)

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