Saturday 1 August 2015

According to reports, President Buhari yesterday directed the
Head of Service of the Federation, Mr. Danladi Kifasi, to
release the N5billion the government pledged to the Victims
Support Fund (VSF), since July 2014. He made the order
after the Chairman of the Funds Presidential Committee, Lt.
Gen. Theophilus Danjuma (rtd.) told him that out of the
N55.92 billion pledged at a fund-raising dinner for the Fund
in August last year, N33.54 billion was still outstanding,
including N5 billion from the Federal Government.
According to him, the VSF currently has N23.33 billion in
four bank accounts, revealing that the government of former
President Jonathan gave the Committee approval to
incorporate the fund into a Trust Fund, to “insulate it from
political interference’’.
Source: Punch

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