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Kogi Assembly passes vote of confidence on Yahaya Bello

Femi Adewale by Femi Adewale
September 15, 2021
in Breaking News, News
0
Kogi Assembly passes vote of confidence on Yahaya Bello
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Kogi State House of Assembly has passed a Vote of Confidence on Governor Yahaya Bello for his prudent management of state resources.
This followed the adoption of a motion by the Speaker, Mr Matthew Kolawole, during plenary in Lokoja.
Speaking on the motion read on his behalf by Deputy Speaker, Ahmed Mohammed (APC-Ankpa I), Kolawole said it was common knowledge that payment of salaries in the state was a serious problem prior to the inception of Bello’s administration.
The speaker said that the situation prompted the immediate past administration to apply for a bailout from the Federal Government.
“Although N50 billion was approved by the Federal Government, it could not be accessed until Bello came into office in 2016.
“Bello applied for the release of the fund which the President granted in tranches.
“The federal government, in the last tranche, approved a N20 billion bailout loan through the Central Bank of Nigeria and disbursed through Sterling Bank Plc and used in paying salaries in 2019,” he said.
Kolawole said that following allegations that the N20 billion was drawn by the government without utilising it for what it was meant for, he instructed the Public Accounts Committee of the House to investigate the disbursement.
“The committee established in its report that there was no truth in the  allegation, as the bailout facility had been totally drawn by October 2019.
“My distinguished colleagues, it is now on record that Sterling Bank Plc on September 1, in an official response to a letter from Kogi government, refuted the allegation in totality,’’ he said.
The Speaker urged the House to pass a vote of confidence on him.
Ruling, Kolawole said the public account committee of the House did a thorough job and wondered why money meant for payment of workers’ salaries should be kept in a fixed deposit account.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.