Saturday, September 21, 2019

Tag "Security votes"

    Fayemi: Removing security votes will cause chaos

Fayemi: Removing security votes will cause chaos

Kayode Fayemi, chairman of the Nigeria Governors' Forum, says doing away with security votes will breed chaos in the country.Fayemi, who is the governor of Ekiti state, said this at the quarterly policy dialogue on accountability for security votes which held at the auditorium of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in Abuja.The event was organised [...]

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    Iwo monarch to FG: Give traditional rulers security votes if you want to end insecurity

Iwo monarch to FG: Give traditional rulers security votes if you want to end insecurity

Adbulrasheed Akanbi, oluwo of Iwoland in Osun state, has called on the federal government to make provision for security votes for the traditional institution to help fight insecurity in the country. Akanbi, who spoke to journalists in Osogbo, the state capital on Monday, said the traditional rulers are closer to the grassroots and are privy to the intelligence needed to curb crimes in [...]

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    Al-Makura: I need more than seven days to account for security votes

Al-Makura: I need more than seven days to account for security votes

Tanko Al-Makura, Nasarawa governor, says he will need more than seven days to respond to a freedom of information request by the Socio-Economic Rights and Accountability Project (SERAP).SERAP had asked President Muhammadu Buhari and all the 36 governors to provide details of what was appropriated for as security votes between 2011 and 2019.Al-Makura's response was contained via a letter, [...]

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    Magu: Some governors promoting insecurity to inflate security vote

Magu: Some governors promoting insecurity to inflate security vote

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), has accused governors of promoting insecurity in their states in order to inflate their security votes.Presenting a paper on Wednesday in Abuja at the just-concluded induction programme for the returning and newly elected governors by the Nigeria Governors Forum (NGF), Magu urged the governors to be transparent [...]

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    CSOs want security votes scrapped

CSOs want security votes scrapped

Some civil society organisations (CSOs) in the country have called for the proscription of security votes.The CSOs, numbering about 11, described security votes as a pillage of the nation's resources.What are security votes?They are funds that are disbursed to cover unforeseen security needs in the country. “Very often transacted in cash,” they are usually at the discretion of public officials, [...]

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    PDP candidate says he’ll end security votes if elected Kano gov

PDP candidate says he’ll end security votes if elected Kano gov

Abba Kabir-Yusuf, the Peoples Democratic Party (PDP) governorship candidate in Kano, says if elected, security votes will become a history in the state.The PDP governorship candidate said the fund set aside for the security votes is an avenue for looting from the public treasury.“it is undeniably known that security votes are regarded as a looting-spree platform where the huge amounts [...]

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    Transparency International calls for outlawing of ‘corruption-prone’ security votes

Transparency International calls for outlawing of ‘corruption-prone’ security votes

Transparency International (TI) says Nigeria needs a federal legislation outlawing security votes.Christina Hildrew, TI Africa programme manager of defence and security unit, made the call on Wednesday in Abuja at a two-day stakeholders conference.The conference was organised by Civil Society Legislative Advocacy Centre (CISLAC) in partnership with TI and support from European Union.Security votes are funds that are disbursed to cover [...]

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    REVEALED: $670m spent on security votes annually — more than army budget

REVEALED: $670m spent on security votes annually — more than army budget

Not less than $670 million is spent on security votes in Nigeria every year, a new report by Transparency International Defence and Security (TIDS) and the Civil Society Legislative Advocacy Center (CISLAC) has revealed.The report, titled 'Camouflaged Cash', was launched in Abuja on Monday. According to the report, the $670m is more than the annual budget of the Nigerian army [...]

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    Obi: Security vote is our biggest source of waste… ex-govs should be made to account for it

Obi: Security vote is our biggest source of waste… ex-govs should be made to account for it

Peter Obi, former governor of Anambra state, has described security votes as unconstitutional and the "biggest source of waste" in Nigeria.Speaking at The Platform, a programme organised by Covenant Christian Centre, Lagos, Obi said ex-governors should be made to account for the votes."Let me tell Nigerians; there is nothing in our constitution called security votes. Anybody who tell you that is [...]

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Exchange Rates

September 16, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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