Nigeria In One Minute
$1bn Boko Haram fund tears senators, reps apart
Strong indications emerged on Saturday that there would be stormy sessions during Tuesday’s proceedings at both chambers of the National Assembly over the decision by the Federal Government to withdraw $1bn from the Excess Crude Account, to fight insurgency.
Principal officers of the Senate and the House of Representatives, in separate interviews with SUNDAY PUNCH on Saturday, confirmed that the issue would be discussed at both chambers.
Senators and members of the House of Representatives, who spoke with our correspondents, vehemently, differed on the decision by the National Economic Council to withdraw $1bn from the ECA to fight Boko Haram.
While some members condemned both the amount and the procedure for withdrawing it, others expressed reservations about the legality of taking the money from the ECA without the approval of the National Assembly.
Punch, December 17, 2017
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