Monday, 18 December 2017

$1bn For Counter-insurgency: Stakeholders Demands Breakdown of Expenditure, As Gov Wike Lament Imbalance Between Exploitation and Sustainability

Image result for launching of ogoni clean up
The decision of federal government to withdraw One billion dollars from its excess crude account has further been  met with strong criticism from stakeholders in the oil-rich region of the country and the opposition Peoples Democratic Party

The main opposition party has accused the federal government of wanting to use the fund for something else, saying the Buhari led federal government is good at saying thing with one side of the month and other with another side of the month. It added’’ the government had once told the Nigerian people that Boko-haram has been decimated, what else do they want to do with such an amount of money other than Partisan activities''. whilst calling on National Assembly to block the fund and demand for a breakdown of expenditure on it intends to spend the proposed fund.
Meanwhile, Rivers state Governor, would not condemn the release of $1billion to tackle insurgency in the north-east but insist that there is the trouble of exploitation and sustainable environmental development in the niger-delta which according to him, is leading to environmental security challenges in the region that far outweighed the northeast insurgency.
Wike spoke at the Annual General Meeting of the Okpo Club of Nigeria (Association of Ikwerre Lawyers) in Port Harcourt, where he urged the All Progressives Congress (APC)-led Federal Government to release the derivation component of the Excess Crude Account to oil-producing states.
The governor also called for the release of funds earmarked for tackling environmental degradation and security in the Niger Delta. “Niger Delta environmental problems are as serious as the Boko Haram insurgency,” he noted.

“I am not saying that you should not fight Boko Haram, but if you can get funds from the national Pool to tackle Boko Haram, then you should go to the same pool to get funds to fight environmental degradation in Ogoni and other Niger Delta communities,” he said.

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