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PMB Orders Head Of Service To Release N5bn To Victims’ Support Fund

Editor by Editor
July 31, 2015
in Uncategorized
Pay All Revenues From NNPC, Others Into Consolidated Revenue Fund- Buhari Orders
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  • President Muhammadu Buhari on Friday directed the Head of Service of the Federation, Mr. Danladi Kifasi, to facilitate the release of the N5 billion pledged by the Federal Government since August 2014 for the Victims Support Fund (VSF).
  • In a statement by the Special Adviser on Media and Publicity, Mr Femi Adesina said 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 informed 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.
  • He said that the VSF currently has N23.33 billion in four bank accounts and that the committee received approval from the immediate past administration to incorporate the fund into a trust fund, to “insulate it from political interference”.

Source: NAN

Tags: News Review
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