Insecurity: Governor Wike Says FG Should Account for $1bn Arms Funds

Insecurity: Governor Wike Says FG Should Account for $1bn Arms Funds

- Governor Nyesom Wike has raised concerns over the insecurity in the county

- The Rivers state governor explained why there is a need to account for funds used to purchase weapons

- Concerned Nigerians have been criticising the Buhari government following the attacks by bandits and insurgents groups

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Governor Nyesom Wike of Rivers state has asked the federal government to account for $1 billion dollars that was withdrawn from the Excess Crude Account to purchase arms for the fight against insecurity.

Insecurity: Governor Wike asked FG about $1bn arms money
Several questions have been raised by many Nigerians regarding the insecurity problems in Nigeria. Photo: @GovWike
Source: Twitter

Wike told Channels TV during an interview that the need to account for the funds has become important taking into account the current security challenges in the country.

He said:

“If I should release that money as the Chief Security Officer, knowing how Nigeria is, I will make sure that those weapons and the right ones were bought.”

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“I remember there was a time when $1 billion was taken from the Excess Crude Account to provide for security. Where is the equipment that we bought.’’ recalls that the National Economic Council had on December 15, 2017 agreed to utilise $1billion from Nigeria’s excess crude account to tackle Boko Haram insurgency and other security challenges.

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The meeting which was chaired by Vice President Yemi Osinbajo had the 36 state governors in attendance and it came as the state governors pledged to support the Federal Government to rid the North East of the insurgents.

Meanwhile, the Defence Headquarters (DHQ) has warned soldiers and politicians against any plots to overthrow President Muhammadu Buhari’s regime.

The spokesperson for the DHQ, Brig-Gen Onyema Nwachukwu, gave the warning in a statement issued in Abuja on Sunday, May 3, PR Nigeria reported.

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Nwachukwu said the military learnt about a statement suggesting that current political leadership should hand over power to the military for restructuring.

The DHQ denounced the call for the military to take over the reins of power, insisting it is committed to Nigeria’s democratic rule.


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