A lot of reactions have trailed the recent approval of $1billion in the fight against terrorism by the National Economic Council.

Vice-President Yemi Osinbajo on Tuesday explained that state governors resolved to approve money for national security after a national security summit organised by the National Economic Council.

Osinbajo who chairs NEC gave the explanation at the opening of the Secretary to the Government of the Federation/Secretaries to State Governments’ retreat at the Presidential Villa, Abuja.

“It was after a national security summit of the National Economic Council that Governors at their forum decided to approve some money for national security,” Osinbajo explained.

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It will be recalled that the Chairman of the Nigerian Governors Forum, Abdulaziz Yari had at a NEC meeting last Wednesday announced that the governors had asked the Federal Government to withdraw $1bn from the Excess Crude Account to fight the insurgency.

The decision had attracted criticisms from groups and individuals, including the Ekiti State Governor, Ayodele Fayose; and the opposition Peoples Democratic Party.

Details later…

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