Friday 31 July 2015

Buhari Orders HOS to Release N5bn to Victims’ Support Fund

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Special Adviser on Media and Publicity, Mr Femi Adesina

President Muhammadu Buhari on Friday in Abuja directed the Head of Service of the Federation, Mr. Danladi Kifasi, to facilitate the immediate release of the N5 billion pledged by the Federal Government since August 2014 for the Victims Support Fund (VSF).


A statement by the Special Adviser on Media and Publicity, Mr Femi Adesina said the president  gave the directive after receiving a briefing from the VSF Presidential Committee headed by Lt. Gen. Theophilus Danjuma (rtd.) at the Presidential Villa.

Danjuma had told the President that out of the N55.92 billion pledged at the fund-raising dinner for the Fund in August last year, N33.54 billion  was still outstanding, including N5 billion from the Federal Government.

He said that the VSF currently has N23.33 billion in four bank accounts and that the committee received approval from the immediate past administration to incorporate the fund into a trust fund, to “insulate it from political interference”.
Danjuma had urged the President to use his office to persuade all organizations and individuals to honour their pledges to the committee.


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