Just in: FG recants, says $1bn ECA fund not for fighting Boko Haram alone


By Anthony Ogbonna

The Vice-President, Professor Yemi Osinbajo has said that the proposed $1billion which the state governors asked the federal government to withdraw from the Excess Crude Account is not only for the fight against the terrorist Boko Haram insurgency.

Professor Osinbajo however said that the fund is meant to fight all forms of security challenges facing various states in the country.

The Vice President gave the comments on Tuesday at the opening of the Secretary to the Government of the Federation and Secretaries to state governments’ retreat in Abuja.

Osinbajo said that the fund willbe used to tackle security challenges such as , activities of Boko Haram in the North East, kidnapping, small arms trafficking, cattle rustling and clashes between herdsmen and farmers.

According to Osinbajo, “It was on account of the security summit that the governors at the…

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