President Muhammadu Buhari on Sunday ordered the release of $21 million (about N4.1billion) out of the $100 million pledged by Nigeria to the Multi-National Joint Task Force against Boko Haram.
The Nigerian president who gave the indication while chairing the African Union (AU) Peace and Security Council (PSC) meeting at the ongoing AU summit in Johannesburg, South Africa, said the order should be carried out within a week.
He said the order was in response to a decision by the leaders of the Lake Chad Basin Commission (LCBC) and Benin in Abuja to immediately fund the MNJTF with not less than $30 million.
“The member countries of Lake Chad Basin Commission and Benin met recently where far-reaching decisions were taken to immediately put into operation the Multinational Joint Task Force.
“To this end, the summit approved the immediate provision of $30 million for the Multinational Joint Task Force.
“Consequently, out of the pledge of $100 million which Nigeria made to the Multinational Joint Task Force, I have directed that $21 million be released within the next one week,” Buhari informed the AU.
He said he was pleased to note that Cameroon, Chad and Niger “are demonstrating this support.
“They are fighting alongside Nigeria under the umbrella of Multinational Joint Task Force to defeat Boko Haram.”