$1Billion Loan: Money Will Not Combat Boko Haram Menace, Says APC

The All Progressives Congress (APC) has said what is required to tackle the Boko Haram menace effectively is new imaginative thinking and not money.

The opposition party which was reacting to the Federal Government’s request for an external loan of $1bn, which equals approximately N165bn for Army equipment and modernization said on Tuesday, July 22, that the government should complement the military campaign against Boko Haram with political, social and economic measures.

In a statement signed by the National Publicity Secretary of the party, Alhaji Lai Mohammed, in Abuja, the APC said that the root causes of the Boko Haram crisis are deep in the years of bad governance that have created an army of unemployed youth in the North-East, Punch reports.