President Buhari orders immediate release of N5billion pledge to Boko Haram victims


According to reports, President Buhari yesterday directed the Head of Service of the Federation, Mr. Danladi Kifasi, to release the N5billion the government pledged to the Victims Support Fund (VSF), since July 2014. He made the order after the Chairman of the Funds Presidential Committee, Lt. Gen. Theophilus Danjuma (rtd.) told him that out of the N55.92 billion pledged at a fund-raising dinner for the Fund in August last year, N33.54 billion was still outstanding, including N5 billion from the Federal Government.

According to him, the VSF currently has N23.33 billion in four bank accounts, revealing that the government of former President Jonathan gave the Committee approval to incorporate the fund into a Trust Fund, to “insulate it from political interference’’.

Source: Punch


What are your thoughts? Please comment below and share this post!

Add a Comment

Your email address will not be published. Required fields are marked *