Army repels ISWAP attacks in Damboa, Borno

Army repels ISWAP attacks in Damboa, Borno

The Nigerian Army on Friday, November 19, repelled an attack by the Islamic State of the West African Province (ISWAP) in Damboa Local Government Area of Borno.

Brig.-Gen. Abdulwahab Eyitayo, the Acting General Officer Commanding (GOC) 7 Division of the Nigerian Army, disclosed this in Maiduguri.

Eyitayo said that a number of the terrorists on 10 gun trucks and one phantom MRAP attempted to attack Damboa Super Camp of the Nigerian Army.

He said that as they approached, the troops swiftly repelled the attack and forced the terrorists to withdraw in disarray through Sandia village.

The GOC said total normalcy has been restored in the town, as people were hence going about their normal activities; while exploitation was still ongoing by the Air Task Force to mop up the fleeing terrorists.

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“Troops are right now driving around Damboa town for a show of force to boost the confidence of the locals,” he also added.

Meanwhile, the National Economic Council (NEC) says President Muhammadu Buhari has approved a fresh N656 billion Bridge Financing Facility to the 36 States.

Hajiya Zainab Ahmed, Minister of Finance, Budget, and National Planning, disclosed this on Thursday, November 18; at a virtual NEC meeting presided over by Vice President Yemi Osinbajo; and also anchored from the Presidential Villa, Abuja.

The minister said that the support was to help state governments to meet their financial obligations; especially the previous budget support facility due for repayment.

According to Ahmed, each state will receive N18.2 billion.

Ahmed said that the bridge facility was being processed by the Central Bank of Nigeria (CBN) after approval from Buhari.

“The approved bridge facility of N656.112 billion will be disbursed in six tranches; over a period of six months to the states.

“Expectedly, each of the 36 States will have a total loan amount of N18.225 billion; with a 30-year tenor; and a 2-year moratorium at an interest rate of nine per cent.

“The facility by Buhari is to help the states afford the repayment of previous bailout facilities; guaranteed for them by the Federal Government,’’ she said.

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