Borno State yesterday said up to $ 6 billion ( N 2
trillion) has gone down the drains and about
20, 000 people killed , with two million others
displaced in the state since the Boko Haram
insurgency in the country stated.
Governor Ibrahim Shettima said this during the
First National Economic Forum organised by
The Nation in Lagos.
According to him, the $6 billion financial losses
do not include losses incurred by local and
international businesses located in the capital
city, Maiduguri. He said before the insurgency,
a branch of one of the tier one banks in
Maiduguri was processing over a billion naira
daily , the biggest cash centre in the country.
However , despite the challenges in the state ,
Shettima gave hope of creating a new Borno
State . He showed the immense reconstruction
activities going on in the state where the
displaced persons will be rehabilitated .
“Our government has increased funding for
education and made it free and compulsory .
From practical experience and findings from
on- the- spot assessment of our visits to
schools, there were large school drop-outs due
to poor feeding and paucity of infrastructure
especially for the girl- child . We have also
introduced a model transportation system that
has encouraged more parents to send their
children to school as against what we had
before ,” he said .
Shettima noted that his state has the second
largest land mass in country, therefore , has
enough land for farming but regretted that the
state known for its huge agricultural potential
with prosperous farmers , has become a
shadow of its self with former big time farmers
turning to beggars .
He noted that there is a direct correlation
between poverty and insurgency, youth
unemployment and insurgency, militancy in the
Niger Delta and lack of skill and
unemployment.


http://www.informationng.com/2016/04/borno-has-lost-20000-lives-n2trn-to-boko-haram-insurgency-shettima.html

Sad, and unfortunate.
20,000 is not a small figure.

How the hell did Borno lose 2 trillion Naira, a state that generates a paltry 11 Billion IGR . Even Lagos state took 8-10 years to generate 2 trillion Naira in revenue. I guess this crook is looking for a way to get more allocation.

EZEIGBO1OFIMO:
How the hell did Borno lose 2 trillion Naira, a state that generates a paltry 11 Billion IGR . Even Lagos state took 8-10 years to generate 2 trillion Naira in revenue. I guess this crook is looking for a way to get more allocation.

dude is trying to take advantage of the situation in his state to enrich himself,


Watchout for this guy, in a few years time,
he will be one richest ex governors in the country