A place where you need to follow for what happening in world cup

Nigeria to Withdraw $1 billion from Excess Crude Account to fight Boko Haram

Nigeria to Withdraw billion from Excess Crude Account to fight Boko Haram
Boko Haram [Photo Credit: Pearl News]

Governors from Nigeria’s 36 states have approved the withdrawal of $1 billion from the Excess Crude Account by the federal government to be used in the ongoing fight against Boko Haram insurgents in the North-east.

This was revealed by the Governor of Edo State, Godwin Obaseki while briefing State House correspondents after the meeting of the National Economic Council which held inside the council chamber of the Presidential Villa Abuja.

The meeting was chaired by Vice President Yemi Osinbajo.

Mr. Obaseki said the approval was announced during the 83rd NEC meeting by the chairman of Nigeria Governors Forum, NGF, and Governor of Zamfara State, Abdulaziz Yari.

The Governor of Gombe State, who spoke earlier, said the Excess Crude Account had a balance of $2.317 billion as at December 13, 2017.
Details later…

Get real time updates directly on you device, subscribe now.

Comments
Loading...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More