Governors Approve $1b from ECA to fight Boko Haram
The 36 state governors in Nigeria have agreed that a sum of $1 billion is removed from the country’s Excess Crude Account (ECA) to fight Boko Haram activities and terrorists.
The information was made public by the Governor of Edo state, Godwin Obaseki while addressing state house correspondents in Abuja after a meeting of the National Economic Council in the Presidential Villa on Thursday.
The meeting was headed by Vice President Yemi Osinbajo since President Buhari is currently out of the country for the One Planet Summit in France.
Mr Obaseki disclosed that the approval was announced during the 83rd NEC meeting by the chairman of Nigeria Governors Forum, NGF, and Governor of Zamfara State, Abdulaziz Yari.
The Nigerian Excess Crude Account had a balance of $2.317 billion as at December 13, 2017.