Nigerians reject $1bn insurgency loan “I am totally opposed - TopicsExpress



          

Nigerians reject $1bn insurgency loan “I am totally opposed to the grant by the National Assembly of the request by the president for the approval of a $1billion loan to upgrade equipment and ‘re-energise’ the military to fight insurgency.“The simple reason is that billions of naira have been made available in our budgets in the last few years for the same purpose, yet the insurgents continue to grow from strength to strength.“This, therefore, raises the question of the prudence that has been employed in the past in spending the funds. In this regard, it is important that a thorough audit of previous allocations to that sector is carried out before further approval like is made. “Granted that the audit may not be made before the public because of security implications, but a comprehensive audit before critical institutions and stakeholders is important to instill accountability and probity in the security sector. The military is not above the law.”..Festus Keyamo
Posted on: Sat, 19 Jul 2014 07:20:53 +0000

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