• About
  • Advertise
  • Careers
  • Contact
Monday, March 16, 2026
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home Featured

$1bn Security Fund: Yari Fires Back, Says ‘We Approved $2bn For Jonathan In 2014’

by ReportersAtLarge
December 19, 2017
in Featured, News
Reading Time: 3 mins read
0
Governor Abdulaziz Yari

Governor Abdul-Aziz Yari

Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

GOVERNOR of Zamfara State and Chairman of the Nigeria Governors’ Forum, Abdul-Aziz Yari, has said the $1 billion approved to be taken out of the Excess Crude Account (ECA), to support the war against insurgency, is not the first in Nigerian history.

Yari said the NGF, during the chairmanship of Godswill Akpabio, of Akwa Ibom State, approved $2 billion for government, to procure equipment for the military and logistics, “especially when soldiers took to the social media, to cry out that they were being killed like rats.”

But, Ekiti State Governor, Ayodele Fayose, insisted he does not support the resolution.

The two governors took different positions when they addressed State House Correspondents at the end of an emergency meeting between the NGF and Speakers of Houses of Assembly, which held inside the old Banquet Hall of the Presidential Villa, Abuja.

Said Yari: “The Nigeria Governors’ Forum discussed this issue at our November meeting and we agreed, across party lines, that this thing was done in 2014, where $2 billion was withdrawn, in agreement with the governors at that meeting. Governor Akpabio was the one who moved the motion. This time, we realised that there was the need to purchase equipment for the military. So, we felt we should not compromise the issue of security for the entire country. We said as governors, we agree to forfeit $1 billion out of our own share of excess crude proceeds, which we are going to back up with Houses of Assembly resolutions, at a later time.

RelatedPosts

Olókùnkùn Of Òkùnkùn-Birimu

Iran Warns Allies Against Joining US-Israel War

Oyo NUJ Urges Makinde To Tackle Rising School Cultism

“This is not the first time a decision like this is being taken. It happened during (former President Goodluck) Jonathan’s era, when they took $2 billion. We all agreed at that time, collectively, in the same chamber, to withdraw $2 billion, to procure equipment for the military and also, for logistics, for the military, because they told us, whether it was true or false, that our soldiers were being killed.

“Some came on the social media and said they were being killed like rats because they didn’t have the training and the equipment. That was what generated discussions in the same chamber and there was no controversy, there was no opposition to the decision at that time.

“Secondly, there was this decision also, under Yar’Adua’s time, when they were sourcing funds for Niger Delta Power Holdings, they also took over N5 billion for power generation, we followed the same process to withdraw the money from the same account and our respective Houses of Assembly confirmed the resolution.”

He urged all stakeholders to stop playing politics with national security.

“At the governors forum, 12 members form quorum. At the time we took this decision, we had 32 members in attendance and there was no single opposition to the decision. If anybody has his own way that he wants things to go, we had the majority and there wasn’t any minority opinion at that meeting.

“We looked at the country first; before any other issue. It is only when you have the country that you can have politics,” the governor added.

He said those in charge at that time failed to listen to the governors’ complaints and expressed delight that the present government listens.

But, Fayose insisted he was not in support of the decision to withdraw $1 billion from the ECA.

“I’m not in support of $1 billion and I will never be in support. In my state, we have agreed to go to court to contest this. It is our legitimate right, all accruals to the Federation Account must be shared by the three tiers of government and, for me to get justice, I have to go to court.”

Tags: apcGEJJonathanPDPYari
SendShare1TweetShare
ReportersAtLarge

ReportersAtLarge

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

More

Minister of Power Adebayo Adelabu at a national energy summit
Opinion

Olókùnkùn Of Òkùnkùn-Birimu

by ReportersAtLarge
March 16, 2026
0

A deep dive into the poetic and political implications of Nigeria's persistent darkness. This report examines the stewardship of the...

Read moreDetails
Map of Strait of Hormuz shipping lanes and Iranian coastline.
WorldNews

Iran Warns Allies Against Joining US-Israel War

by ReportersAtLarge
March 15, 2026
0

Tehran has cautioned neighbouring nations against supporting US and Israeli military actions as conflict in the Middle East intensifies. The...

Read moreDetails
Seyi Makinde
News

Oyo NUJ Urges Makinde To Tackle Rising School Cultism

by ReportersAtLarge
March 15, 2026
0

Journalists in Oyo State have sounded an alarm over the "brandishing of dangerous weapons" in schools. The NUJ is now...

Read moreDetails
Load More

Leave a Reply Cancel reply

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

Recommended

Youths burn Nnamdi Azikwe Status in Anambra

Angry Youths Burn Nnamdi Azikiwe’s Statue In Anambra, Blame Him For Championing One Nigeria

5 years ago
Buhari-travelling-UK

10 Nigerians Who Should Not Succeed Buhari

8 years ago

Popular News

  • Minister of Power Adebayo Adelabu at a national energy summit

    Olókùnkùn Of Òkùnkùn-Birimu

    0 shares
    Share 0 Tweet 0
  • Iran Warns Allies Against Joining US-Israel War

    0 shares
    Share 0 Tweet 0
  • Oyo NUJ Urges Makinde To Tackle Rising School Cultism

    0 shares
    Share 0 Tweet 0
  • Senator Buhari Urges Nigerians To Finish Fasting Strong

    0 shares
    Share 0 Tweet 0
  • The Tinubu Enigma: How The Lagos Laboratory Built A President

    0 shares
    Share 0 Tweet 0

Connect with us

ADVERTISEMENT

About Us

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

Category

  • Auto Trend
  • Breaking Bones
  • Business
  • Columns
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • WorldNews

Recent Posts

  • Olókùnkùn Of Òkùnkùn-Birimu March 16, 2026
  • Iran Warns Allies Against Joining US-Israel War March 15, 2026
  • Oyo NUJ Urges Makinde To Tackle Rising School Cultism March 15, 2026
  • Senator Buhari Urges Nigerians To Finish Fasting Strong March 15, 2026
  • The Tinubu Enigma: How The Lagos Laboratory Built A President March 15, 2026
December 2017
SMTWTFS
 12
3456789
10111213141516
17181920212223
24252627282930
31 
« Nov   Jan »
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2024 RAL - Guided by professionalism

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2024 RAL - Guided by professionalism

Verified by MonsterInsights