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, NEC, which held inside the Council Chamber of the Presidential Villa, Abuja, at President Muhammadu Buhari’s absence.
Post-Nigeria recalls that Buhari had traveled to France, for the Climate Change Summit.
The NEC meeting was chaired by Vice President, Yemi Osinbajo.
Obaseki said the approval was announced during the 83rd NEC meeting, by the Chairman of the 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.
More later…
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