Tag: Security Funds
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Insurgency: Ortom challenges FG to give account of $1bn security fund
The Governor of Benue State, Samuel Ortom, on Tuesday challenged the Federal Government to give an account of the $1bn security funds jointly put together by the 36 states of the federation to fight insurgency in the country. Ortom stated this while addressing journalists at the Government House, Makurdi, shortly before the commencement of the…
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Bayelsa threatens to sue FG over $1bn ‘security fund’
The Bayelsa State Government has threatened to sue the Federal Government if it refuses to deduct the 13 per cent derivation component of the $1 billion Excess Crude Account funds it plans to withdraw to tackle insecurity in the country. Recall that Governor Seriake Dickson had earlier demanded that the 13 percent derivation component of…