President Muhammadu Buhari has directed the Head of Service of the Federation, Mr. Danladi Kifasi, to facilitate the immediate release of the N5 billion pledged by the Federal Government since August 2014 for the Victims Support Fund (VSF).
According to a statement by the Special Adviser on Media and Publicity, Mr Femi Adesina, the president gave the directive after receiving a briefing from the VSF Presidential Committee headed by Lt. Gen. Theophilus Danjuma (rtd.) at the Presidential Villa.
Danjuma had told the President that out of the N55.92 billion pledged at the fund-raising dinner for the Fund in August last year, N33.54 billion was still outstanding, including N5 billion from the Federal Government.
According to him, the VSF currently has N23.33 billion in four bank accounts and the committee received approval from the immediate past administration led by President Goodluck Jonathan to incorporate the fund into a trust fund so as to ensure there is no political interference in the way the money was used.
Danjuma urged the President to use his office to persuade all organizations and individuals that had pledged money to the Fund to redeem same.