BENUE APC CRISIS: I'M GOING NOWHERE - GOV. ALIA. (PHOTO).

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 BENUE APC CRISIS: I'M GOING NOWHERE - GOV. ALIA 11th April, 2025      Benue State Governor Hyacinth Alia has disclosed he is not leaving the All Progressives Congress (APC) for another party, despite the ongoing crisis in the state’s APC. The governor made this clarification during a media chat yesterday at the Government House in Makurdi, the Benue State capital, saying that such insinuation is coming from mischief-makers. “I am not going anywhere, for the records,” he said, adding that those pushing that narrative do not wish him and the state well. “I am not stupid to follow the bandwagon of mischief makers to take the state down into the dungeon again. “I came into politics to restore Benue to its lost glory; otherwise, I would have remained a priest. I would have remained in a local environment with my people. I have to fulfil my contract with God and the masses. “The previous administrations did the little they could, but the immediate past did nothing,” Alia ...
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ATIKU SPEAKS ON THE 6TH COLLAPSE OF THE NATIONAL GRID THAT OCCURRED AROUND 12:23PM TODAY.(PHOTO).#PRESS RELEASE

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I am reliably informed that there was a total National Grid Collapse at precisely 12:23pm today. This is one collapse too many. It is the 6th time this is happening this year alone.

Due to the priority that I place on the power sector upon which the successes of other sectors are hinged, I am proposing innovative financing of infrastructure that will involve the facilitation of a review of the financial, legal, and regulatory environment to promote private investment in power, among other sectors.

I’ll promote the incentivisation, with tax breaks, a consortium of private sector institutions to establish an Infrastructure Debt Fund (IDF) to primarily mobilise domestic and international private resources for the financing and delivery of large infrastructure projects across all the sectors of the economy.

The IDF will have an initial investment capacity of approximately US$20 billion. In addition, I’ll cause the creation of an Infrastructure Development Credit Guarantee Agency to complement the operation of the IDF by de-risking investments in infrastructure to build investor confidence in taking risks and investing capital. -AA

 

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