The Presidential Committee on North-East initiative, on Thursday said $9bn has been lost to insurgency in Adamawa, Yobe and Borno States. This was disclosed by the Vice-Chairman of the committee, Tijani Tumsah while briefing journalists on the outcome of its meeting.

Tijani also said President Muhammadu Buhari will soon reveal a framework aimed at rebuilding the North-East. He also clarified that the committee was not empowered to investigate diversion of relief materials meant for IDPs.

Tumsah said, “We are not investigating anybody; there are people who are investigating such diversions. I’m glad you mentioned the Senate, the House of Representatives, police and the EFCC. Our mandate, going forward, is to provide a strategic framework for the implementation of all interventions going into the North-East in terms of humanitarian works, resettlement and eventual rebuilding of the North-East.

“In terms of cost, there is an immediate, short-term and long-term view. The entire rebuilding of the North-East, of course, will keep changing. But we do know that a substantial amount of resources estimated at $9bn have been lost to insurgency

“We are going to channel this strategic framework through a document that we have developed, that is going to be launched very soon. It is the plan of President Muhammadu Buhari to rebuild the North-East. That is the strategic implementation going forward.”

more @ http://www.exlinklodge.com/2016/10/nigeria-lost-almost-9billion-to.html

You all promoted it at the infant stage, you all forgot the Chicken will surely come home to roost someday

And still counting

$9bn lost?

Thus govt and fictitious figures! Why not quantify it in local currency? Why won't naira continue to fall when govt dealings are named in foreign denominations and yet the same govt wants the poor masses to buy Nigeria to grow naira.

What a mix!

Most of it would have been spent - wasted during our hero regime.. Smh

Figures na nothing even dead body self na noting for we country