No doubt the Jonathan administration witnessed the peak of the Boko Haram insurgency with scores of Nigerians killed in daily basis and many towns and cities in Nigeria taken over by the terrorists. A troubled President Jonathan in a dare dilemma opted for a foreign loan worth One billion Naira to acquire military hardware to tackle security challenges which was targeted to be paid over seven years.

The lawmakers having considered the request by the then president formally approved it. Mr. Jonathan in a letter to the senate had said the $1 billion will also be used to train the military and other security officers.
“You are no doubt cognisant of the ongoing and serious security challenges which the nation is facing, as typified by the Boko Haram terrorist threat. This is an issue that we have discussed at various times.
“I would like to bring to your attention the urgent need to upgrade the equipment, training and logistics of our Armed Forces and Security services to enable them more forcefully confront this serious threat.
“For this reason, I seek the concurrence o the National Assembly for external borrowing of not more than $1 billion dollars including government to government arrangements for this upgrade,”.

The ultimate aim of the loan was obviously defeated as Boko Haram grew tremendously under Jonathan’s tenure posing serious threats to Nigeria.
Upon the assumption of office by President Buhari, many of the sum that was earmarked to facilitate the war against insurgency was cornered into financing the 2015 presidential reelection bid of Good luck Jonathan for which some of which former aides are currently standing trial.

As another electioneering year draws near, Governor of Edo State, Godwin Obaseki after Thursday FEC meeting announced the approval of $1 billion from the Excess Crude Account by the federal government to be used in the prosecution of the war against the terrorist group, Boko Haram.

This announcement has been heavily criticised by Nigerians following unending claims by the Buhari Government that Boko Haram has been degraded, remaining its remnants. Nigerians are therefore asking if a huge sum of $1bn is what is needed to completely wipe off the remnants of a terrorist group or another ploy to finance the 2019 General Elections by the ruling APC Government.

Source: http://www.suanusblog.com/2017/12/buharis-1bn-excess-crude-fund-to-fight.html

I thought they told us Boko Haram is ‘technically defeated’. So why spend such money on fighting what is defeated.

Nigeria a nation of lies just like d Devil is the father of lie.
No wonder we ve some blind patriots om this tell us lies. Patriotic agents like Pidgin2 of change wey dey watch.