{"id":4771,"date":"2017-12-16T20:58:25","date_gmt":"2017-12-17T03:58:25","guid":{"rendered":"http:\/\/nigerianews.ca\/?p=4771"},"modified":"2017-12-16T20:59:08","modified_gmt":"2017-12-17T03:59:08","slug":"4771-2","status":"publish","type":"post","link":"https:\/\/nigerianews.ca\/4771-2\/","title":{"rendered":"$1b To Fight Boko Haram:\u00a0We Don\u2019t Need NASS approval – AGF"},"content":{"rendered":"
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Accountant General of the Federation, Ahmed Idris (middle) presenting details of revenue allocation to the three tiers of government at the December 2017 meeting of the Federation Accounts Allocation Committee, FAAC, in Abuja on Saturday. With him are Mahmood Yinusa (right) and a Finance Ministry official.<\/div>\n<\/div>\n<\/header>\n
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There is no going back on the supposed instructions by the 36 states governors for withdrawal of $1 billion from the excess crude revenue account for the fight against Boko Haram, despite dissent by Ekiti State counterpart, Ayo Fayose, the Accountant General of the Federation, AGF, Ahmed Idris, said Saturday.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

Mr. Idris was speaking in Abuja at the special Federal Accounts Allocation Committee meeting for December said that although the balance in the excess crude revenue account (ECA) remained at $2.317 billion as at December 15, 2017 and the $1 billion the 36 state governors approved last week to procure arms to fight Boko Haram was yet to be withdrawn.<\/p>\n

\u201cThere is a process that needs to be followed before money is withdrawn from the account. The instruction needs to be given before money is taken. Unless it is taken, the balance in the account remains the same as at the reporting date, which is December 15, 2017,\u201d he explained.<\/p>\n

On whether there was budgetary appropriation by the National Assembly for the withdrawal of the $1 billion, the AGF said since the governors of the 36 states of the federation had reached a consensus before giving approval, no other requirement was necessary.<\/p>\n

\u201cOrdinarily, savings in the ECA should have been distributed to the three tiers of government, who are the owners of the money. So, if the same owners decide that part of the money be utilised to provide security for life and property in the country or make the system work, I don\u2019t think there is any issue in that,\u201d he said.<\/p>\n

\u201cThe entire Federation have decided. There is an instruction and directive to that effect. There is a consensus; a common position and no dissenting voice, we (FAAC) have no option than to go with the directive as given,\u201d he added.<\/p>\n

Asked about Ekiti State Governor, Ayo Fayose, who issued a statement in the media to reject the decision by the Governors\u2019 Forum on the withdrawal, the AGF urged the governor to direct his protest to his colleagues.<\/p>\n

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\u201cI don\u2019t know about Ekiti State governor as a dissenting voice. He should have made his position known to the Governors\u2019 Forum. His dissention should not come to the AGF, or on the pages of media. He is entitled to his opinion though. But, he should direct it to the appropriate forum,\u201d he said.<\/div>\n
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PT<\/div>\n<\/div>\n

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Accountant General of the Federation, Ahmed Idris (middle) presenting details of revenue allocation to the three tiers of government at the December 2017 meeting of the Federation Accounts Allocation Committee, FAAC, in Abuja on Saturday. With him are Mahmood Yinusa (right) and a Finance Ministry official. There is no going back on the supposed instructions […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[66],"tags":[],"yoast_head":"\n$1b To Fight Boko Haram:\u00a0We Don\u2019t Need NASS approval - AGF<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nigerianews.ca\/4771-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$1b To Fight Boko Haram:\u00a0We Don\u2019t Need NASS approval - AGF\" \/>\n<meta property=\"og:description\" content=\"Accountant General of the Federation, Ahmed Idris (middle) presenting details of revenue allocation to the three tiers of government at the December 2017 meeting of the Federation Accounts Allocation Committee, FAAC, in Abuja on Saturday. 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