Jonathan Seeks $1bn To Fight Insurgency

Must Read

Coronavirus: ‘Consult Native Doctors For Solution’ – Enugu Monarch Tells FG

The traditional ruler of Owerre Autonomous Community in Nsukka Local Government Area,  Enugu State, Igwe Emeka Ugwu has asked the Nigerian...

Ministers Donate 50 Percent Of March Salary To Help Stop COVID-19 – Lai Mohammed

Nigeria's minister for culture and information, Alhaji Lai Mohammed says the 43 ministers of the nation have forfeited 50...

Coronavirus: US Moves To Evacuate Citizens In Nigeria

The US government has revealed plans to evacuate its citizens in Nigeria despite airport closures due to the coronavirus...

Coronavirus: All 51 Italian Doctors Who Tested Positive, Dead

The Italian Association of Doctors have confirmed the death of 51 doctors who all died after testing positive for...

Coronavirus: Enugu State Close Its Borders, Markets After Recording First Case

The Enugu State Government has announced the closure of its borders and markets, just after two cases of coronavirus...

President Goodluck Jonathan has written the National Assembly seeking for approval to obtain a $1 billion loan to help the federal government in its war against terrorism and other security challenges in the country.

In a letter to the Senate, read by the President, David Mark on Wednesday, President Jonathan said the money would be used to upgrade the equipment of the Nigerian Armed Forces.

The president stressed that there was an urgent need to upgrade the equipment, training and logistic of the country’s Armed Forces and Security services to enable them confront the serious threat posed by Boko Haram sect more forcefully.

He is therefore seeking the concurrence of the National Assembly for external borrowing of not more than one billion dollars, including government to government arrangement for this upgrade.

“You are no doubt cognisant of the ongoing and serious security challenges which the nation is facing as typified by the Boko Haram terrorists threats. this is an issue that we have discussed at various times.

“I will like to bring to your attention, the urgent need to upgrade the equipment, training and logistics of the Armed Forces and security services to enable them more forcefully confront these serious threats.

It was gathered that President Jonathan’s request may be considered and approved on Thursday before the National Assembly’s annual recess.

The two chambers are expected back in September.

- Advertisement -

1 COMMENT

  1. There is no weapon like good accommudation,salary which lead to good health.if the security are not in a good shape to fight,then the government will be borrowing invein!

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More Articles Like This

- Advertisement -