Fashola Slams FG Over Missing N2.3tn Subsidy Funds

Fashola nw

Lagos State Governor Babatunde Fashola of Lagos State has slammed the Federal Government over the mismanagement of N2.3 trillion allegedly missing oil subsidy funds from the Federation Account, saying such fund would construct 80 Lekki link bridges across the country.

Fashola made the remarks yesterday, at the 7th Town Hall Meeting on security, entitled, ‘Sustaining Local Response To Rising National Security Challenges,’ on Victoria Island, Eti-Osa Local Government Area, which also had in attendance Special Adviser to the President on Media, Dr. Rueben Abati; Chief Molade Okoya-Thomas, among others.

Fashola’s remarks came just few weeks after Governor Rotimi Amaechi of River State alleged that $5 billion was missing from the Excess Crude Account, ECA, an allegation the Finance Minister dismissed as false.

Speaking earlier on the activities of the police in preventing crimes in Lagos, Commissioner of Police, Lagos Command, Mr. Umar Mankko, said that the intervention of the security fund had helped to reduce armed robberies to 54 cases in the last one year.


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