Is there a link between the security vote and insecurity in the country?
This is the one million questions the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu tried to address when he interacted with the returning and newly elected governors.
The occasion was the Induction program organised by the Nigeria Governors’ Forum Secretariat for the returning and incoming governors.
Magu who was direct told the governors that some chief executive of states ‘now covertly promote insecurity as justification to inflate their security vote.’
Though did not go into the debate on the constitutionality of security vote, he, however, warned the governors in the need to be transparent in the expenditure of public funds.
The EFCC chairman, who presented a paper tagged “Imperative of Fighting Corruption/Terrorism Financing in Nigeria” said, “we have also seen evidence of theft of public resources by some state governors – cashing on the insecurity in their states.”
According to the anti-graft boss, “insecurity has also offered the required oxygen for corruption to thrive as evident in the $2.1bn arms procurement scandal involving top military commanders both serving and retired.”
He further stressed that corruption can also not be divorced from the festering insurgency in the Northeast; explaining that the nexus between corruption and terrorism is that corruption promotes insecurity.