NEC okays $1bn from ECA for anti-terror campaign

The National Economic Council (NEC) on Thursday supported the Federal Government plan to spend $1 billion from the Excess Crude Account (ECA) to fight insurgency in the country.
Edo State Governor, Godwin Obaseki, briefed State House correspondents at the end of a NEC meeting chaired by Vice President Yemi Osinbajo, at the Presidential Villa, Abuja.
He was with Gombe State Governor, Ibrahim Dankwambo and the Minister of Water Resources, Suleiman Adamu, at the briefing.
Obaseki said: “The NEC also resolved, through the chairman of the Nigeria Governors’ Forum, to support the effort of the Federal Government in the area of security. Pleased with the achievement that had been recorded till date in the fight against insurgency, particularly in the North East, the governors of Nigeria, through their chairman, announced at the NEC meeting that the governors had given permission to the federal government to spend the sum of $1billion in the fight of insurgency.
“This money is supposed to be taken from the Excess Crude Account.”