Taraba: Gov Agbu berates petitioner over loans request

From Godwin Agia, Jalingo

Taraba State Governor, Dr Agbu Kefas has on Wednesday berated petitioners of his loans request of N206 billion said, No one is against loans, if they would address pertinent needs and prioritize progress.
People’s Daily reports that, one Mr Usman Abdullahi has petitioned Governor Agbu Kefas before president Bola Tinubu and the Acting Governor if Central Bank of Nigeria, (CBN), requesting the Apex bank to stop Zenith Bank PLC, United Bank for Africa UBA, Fidelity Bank PLC, and Keystone Bank PLC for granting a N206 billion loans facility to governor Agbu Kefas.
Dr Agbu who spoke through his Special Assistant on Media and Digital Communication, Mr. Emmanuel Bello in a statement issued to Journalists in Jalingo.
According to the statement, “Apart from doomsday naysayers, no Taraba state citizen is left in doubt about the honesty and leadership of Governor Agbu Kefas. Even the opposition is in total agreement that Dr. Agbu Kefas can be trusted with the future of Taraba, especially its fiscal fortunes. The determination to usher in a new era has never been this clearer in our history.
“That is why we view with some comical astonishment when a faceless writer actually penned a petition on the loans the administration of Dr Kefas recently solicited.
“For the records, it is doubtful if the writer of that petition is even educated enough to comprehend the intricate process and nuances of loan collections. Why will he be petitioning the Central Bank of Nigeria (CBN) over loans to be sourced from commercial bank? Can the apex bank block loans that commercial banks seek to give?
“In any case, will any bank support request for loans not solidified with collaterals and clear cut repayment plans?
“Why indeed should he even query the place of loans in developmental efforts? All experts are of the agreement that loans are alright, especially if they met the purpose for which they are collected. No one is annoyed with loans if they will raise the bar and transform communities. No one is against loans, if they will address pertinent needs and prioritize progress. Loans are actually applauded if they can be accounted for and prudently spent.”