Army: The $1bn approved to fight insurgency hasn’t been released


The Nigerian army says it is yet to get $1 billion approved to fight insurgency and other security challenges in the country.

In 2017, the national economic council (NEC) approved the request of the current administration to withdraw $1 billion from the excess crude account (ECA) for the fight against insurgency.

Fielding questions on Weekend File, a news programme on the Nigerian Television Authority (NTA), Sani Usman, spokesman of the army, said the money is still being processed.

“People should understand also that this is a democratic system in which procurement and of course funding of defense related issues takes such a long time,” he said.

“Take for instance the issue of the $1 billion approved recently by Mr. President, up till now the process is ongoing. The ministry of defense is still pursuing the matter to the point that when it is done, the armed forces will…

Read More…..The Cable News