By OLA AJAYI
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.