IBADAN—FORMER governor
of Lagos State, Asiwaju Bola
Tinubu, yesterday,
condemned the Federal
Government for voting a
paltry N921 billion for
security in this year's budget.
He said with the inadequate
money voted for security,
they have failed for providing
security for most Nigerians.
He said this in Ibadan, at the
launch of Oyo State Security
Trust Fund.
Tinubu said: "States have
had to fund from their scarce
resources effective policing
in their states. In this year's
budget, for example, the
Federal Government allocated
N921 billion for security,
which amounts to a paltry
19.4 per cent of the total
budgetary outlay of N4.749
trillion. Yet, no state or
country can attract
investments and
development without
assurances of security of life
and property."
Governor Abiola Ajimobi
explained how the state was
engulfed in violence before
assuming office.
The situation, he noted, was
deplorable that legitimate
businesses were threatened
and those desirous of
contributing their quota to
the development of the state
fled for their lives.
Those at the event included
Chairman of Honeywell
Group, Mr. Oba Otudeko;
Aare Musulumi of
Yorubaland, Alhaji Abdul-
Azeez Arisekola Alao;
Chairman, Coscharis, Chief
Cosmas Maduka, royal
fathers, captains of industry,
representatives of banks,
security agencies, and top
government officials.
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