Business Hilights

Tracking Nigeria's Headline Business News Online

GANI ADAMS Aare of Youbaland
Banking/Investments

C-in-C of Yoruba nation, Adams warns Buhari on N100b appeasement for herdsmen

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

More stakeholders across the federation have continued to object to the recent plan by the Federal Government to appease the rampaging Fulani herdsmen and members of Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) with a whooping N100bn.
The latest rejection is coming from the Aare Onakakanfo (commander-in-chief) of Yorubaland, Aare Gani Adams, who argued in a statement that such allocation will further encourage the proliferation of arms groups across the country.
Adams further argued that “Such funds should be channelled to other lucrative areas,” revealing that “The proposed N100 billion for Miyetti Allah is much higher than the total budget for the Niger Delta Development Commission (NDDC), for three years”.
Continuing, Adams averred that “The issue at stake is about the spate of insecurity across the nation. It is not limited to the North. Therefore, the Federal Government needs to be cautious on the move. Here in the South West, the spate of insecurity is raging.
“For instance, in Akokoland, in Ondo State, which happens to be my hometown, there were series of attacks and kidnapping that had been raging and still on the increase. People have been killed, and kidnapped at will, and the situation continues till the present moment.
“Last year, Chief Olu Falae’s farm was invaded and destroyed by some herdsmen; Chief Alani Akinrinade also suffered the same fate.
“In Ijebu Ode, Ogun State, a prominent Yoruba son lost several millions to the activities of these killer herdsmen. Several other people in the South-West had had the bitter experience,” Aare Adams recounted in anger.

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.