THE MOST FROM THE COAST !

..


 Coastweek website


XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 

Nigerian governor says 1 bln USD from ECA
meant to strengthen security apparatus

LAGOS, (Xinhua) -- The Nigerian government decision to utilize one billion U.S. dollars from the Excess Crude Account (ECA) for security was not a political one but meant to strengthen the country’s security apparatus, a state governor said Tuesday.

Seriake Dickson, the governor of oil rich Bayelsa, was reacting to the controversy surrounding the approval given during the last National Economic Council (NEC) meeting when he addressed reporters in Abuja.

Governors from Nigeria’s 36 states approved the withdrawal from the account by the federal government to be used in the ongoing fight against Boko Haram insurgents in the Northeast.

“It was a decision taken in good fate to support our security services, to strengthen our national security and enhance operations in the interest of everybody else,” he added.

“This is not a political issue and I thought that I should say that, but the details of what we would do and say and the clarifications will come at the end of the meeting of the governors,” he said.

According to him, the governors would meet later in the day to fine tune how to move the matter further, noting that there was a lot of unnecessary controversy on the approval in the media.

“These are issues of national security and I think that we leaders must be circumspect in terms of creating controversies on issues of national security,” he added.

“Our duty is to collaborate among ourselves, collaborate with the Federal Government on two critical issues of national security and issues of the economy, and that is what the NEC does,” he said.

The Excess Crude Account had a balance of 2.317 billion dollars as at December 13, 2017, according to official data.

             

 

Remember: you read it first at coastweek.com !


Devaaya Ayurveda & Nature Cure Centre banner | Coastweek

 

TO ADVERTISE ON THIS WEB SITE:  www.coastweek.com
Please contact

MOMBASA - GULSHAN JIVRAJ, Mobile: 0722 775164 Tel: (+254) (41) 2230130 /
Wireless: 020 3549187 e-mail: info@coastweek.com

NAIROBI - ANJUM H. ASODIA, Mobile: 0733 775446 Tel: (+254) (020) 3744459
e-mail: anjum@asodia.co.ke

 
    © Coastweek Newspapers Limited               Tel: (+254) (41) 2230130  |  Wireless: 020 3549187  |  E-mail: info@coastweek.com