$1 billion Boko Haram fund won’t be spent without Senate consideration – Saraki

Nigerian Senate Chambers
Nigerian Senate Chamber used to illustrate the story.

The Senate President, Bukola Saraki, on Thursday gave the assurance that the $1billion withdrawal from the Excess Crude Account, ECA, will not be spent until the Senate considers the processes involved.

The Governor of Edo State, Godwin Obaseki had on December 14, announced the decision of the National Economic Council to spend $1 billion from the ECA to fight Boko Haram insurgency in the North-east region.

Vice President Yemi Osinbajo on Tuesday explained that the funds will be used execute the Boko Haram war as well as address other security concerns across Nigeria.

However, there has been debate on whether the National Assembly’s permission is needed before such expenditure with some like the House Leader, Femi Gbajabiamila, arguing that it was not necessary.

The announcement which has generated criticisms from many quarters caught the attention of the Senate on Wednesday when Sam Anyanwu, Imo-PDP, sought the leave of the Senate to present it as a motion on Thursday.

The Deputy Senate President, Ike Ekweremadu, noticing that the motion was not on the items to be considered on Thursday called the attention of the Red Chamber.

“Senator Anyanwu came up with the issue of one billion dollars released by the governors’ forum on the fight against insurgency; and under our rule this matter is to come up today for our consideration. I have looked through the order paper and it is not there, I just want to seek explanation,” Mr. Ekweremadu said.

In response, Mr. Saraki said Mr. Anyanwu had sought more time to present the motion and would present it on the next legislative day.

The announcement caused rowdiness, mostly from PDP Senators, as the next legislative day will unavoidably be in 2018.

They raised the fear that the fund would have been withdrawn and spent before it would be slated for consideration by the Senate.

The Senate President however doused the fear while giving them assurance that the funds would not be spent without Senate consideration.

“We cannot take it when the person is not here and it is a very important motion that needs to be delivered very well. It cannot be delegated. We would take it. I assure you that we would take it.

“Our party does not do things like that. We would not spend money that does not follow due process I am assuring you that the money would not be spent until we come back and debate it. Leader, I hope you heard the commitment I made on behalf of all of us.”

The Senate Leader, Ahmed Lawan, corroborated the senate president in the promise.

“Mr President I have heard you very well and it is a promise we would keep,” he replied.


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  • I think, as usual the Senators do not have anything serious to do with their time. What is this balderdash about questioning the Presidency on how a paltry sum of $1 billion is going to be spent? If the Senate need assistance of the allocation is apportioned, we the impoverished Nigerians can help them:
    1. $ 400, 0000 – Compensation for Boko fighters recently granted amnesty.
    2. $, 200, 000 – compensate Shekau for wrongful arrest of one of his wives
    3. $ 200, 000 – To help “rescue” the remaining virgins from the camp somewhere in Maiduguri
    4. $100,000 – Help BH purchase more ammunition
    4. The balance can go the Sponsors of the Boko Haram Insurgency for work well done in hoodwinking the rest of the world about that phony abduction that never was.
    You can’t make our “mumu” up, can you?

  • share Idea

    Politicians knows how to play on the intelligence of the gullible citizens. Nigeria we hail thee


    If Sarakin were not a stewpid man he should have at least first of all bothered about the so called Nigerian ‘Federal’ government spending N1billion on cleaning up of the messed up pollution in the Niger Delta than talking about spending N1b on fighting a terrorist organization when in actual fact this money will be spent on funding Boko haram. If it were not so, why is it that Mr Buhari and his clueless govt never talks about tracking and stopping the flow of arms through the Northern borders? Boko haram have no airplanes or warships they get their weapons through the land borders and the Nigerian Army and security agencies have NEVER made any arms seizures or cache discovery. Such ended with President Jonathan’s administration where most of the arms bunkers in Kano and other parts of the North were busted…and now you want to spend N1b fighting book haram when you claim there is no money to clean up the pollution in the Niger Delta. I expect the freedom fighters in the Niger Delta to respond to this insult proportionately.

    Niger delta ARISE and do not accept this affront. ARISE!!! …Stop the oil flow.

  • Dr.Alfred Branson

    The so called Boko Haram is the creation of Northen Politicians for political reasons.Yesterday,fighting Boko Haram was fighting against the North.It was human right abuse.But today the same people are using that same source to loot the Nation’s treasury.God would never allow them to succeed in war of falsehood,propaganda.and deceit.As those who live by the sword shall die the same sword.


    Bukola may just be looking for ways and means to obtain his own cut. The fact that he has delayed or removed that important item from proceedings represents pure evil and a very bad omen.

  • obiora

    Why did Tyrant Buhari want this 1 billion Dollar at all cost?. Short Rouge Pastor had already opened his own Anus because of this Money now it is Saraki. The money was already approved and it is illegal so talking about Senate can not clean it. Why is it that One criminal after Another are all trying hard to get this big Money. 1 billion Dollar is too big to share just one time. Nigerians are in trouble. But Why is it that it is only Criminals that have political interests in Nigeria. From Murderers to Armed Robbers.

  • laki

    1 billion on boko haram —-This is a spending of 1 billion Naira per day for one year at the rate of 365 to $1

  • Alf Sanni

    Boko Haram is a cooked up story for if it is true story, and Chibok girls were loaded in truck in darkness, there were no mounted cameras to surveillance their movement. To fight such crimes, power such up ply with mounted cameras should have been priority. Law makers are sleeping on duty. In primitive country.