WHY IS ADDITIONAL $1 BILLION NEEDED BY JONATHAN GOODLUCK TO FIGHT BOKO HARAM IN NIGERIA? Nigeria has already allocated almost $6 billion (about 20% of the nation's budget) out of the entire $29.3 billion to the defense in her 2014 official state budget that this President has already signed into law.
(i). Why is additional $1 billion needed before the end of the year when the fiscal year of 2014 is just halfway gone and with almost six months left to go? (ii). What happened to the $6 billion that was allocated for defense?
(iii). Why was Abuja successfully hit twice by these terrorists and Lagos was hit once, the hundreds of Chibok school girls were kidnapped and the terrorist attacks were so frequent across Northern Nigeria despite the $6 billion on the nation's defense budget this year?
(iv), Why is Nigeria not ready to take this additional $1billion from our $40 billion foreign reserves instead of taking a loan with a huge interest rate from any of the foreign financial institutions that will also increase our debt profile as a country and affect the value of the Nigerian Naira internationally?
(v). Why does Nigeria still need additional $1billion on her defense this year despite that fact that our military has continued to receive military assistance and support from America, Britain and France to date?#LootingNigeriaInTheNameOfFightingTerrorism
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