Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
PRICING
SUBSCRIBE
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
No Result
View All Result
Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
  • Trends

Home » News » Burkina Faso exceeds target for patriotic support fund with Over 496 billion CFA Francs

Burkina Faso exceeds target for patriotic support fund with Over 496 billion CFA Francs

February 20, 2026
in News
Reading Time: 1 min read
Burkina Faso exceeds target for patriotic support fund with Over 496 billion CFA Francs

By Our Reporter

OUAGADOUGOU (CONVERSEER) – Burkinabe citizens have contributed 496.966 billion CFA francs to the Patriotic Support Fund (PSF) by the end of 2025, surpassing the initial cumulative target of 450 billion CFA francs and achieving a 110.44 percent realisation rate.

The announcement was made during a press briefing in Ouagadougou, where authorities praised what they described as an exceptional national and diaspora mobilisation in support of security forces.

According to the chairman of the fund’s management committee, Vieux Abdoul Rachid Soulama, the contributions have significantly enhanced the operational capacity of the Volunteers for the Defence of the Homeland (VDP) engaged in counterterrorism efforts.

Yearly figures show a steady rise in contributions: 99.039 billion CFA francs raised in 2023 against a 100 billion target; 175.685 billion in 2024 compared to a 150 billion goal; and 222.242 billion in 2025, exceeding the 150 billion objective. Authorities stated that funds have supported the procurement of uniforms, equipment, food supplies, medical care, allowances, and compensation for VDP members and their beneficiaries.

The PSF also financed infrastructure and defense projects, including equipment for the Faso Mêbo Presidential Initiative, rehabilitation of the Kaya–Barsalogo road, and the acquisition of three combat helicopters and aircraft engines, according to Economy and Finance Minister Aboubakar Nacanabo.

For 2026, the government aims to mobilise at least 200 billion CFA francs, with 15 billion already recorded as of mid-February.

(WAVN)

RelatedNews

Orok Duke urges Nigerians to document local history, sets to present 5 new books
News

Orok Duke urges Nigerians to document local history, sets to present 5 new books

October 13, 2026
82nd BON Assembly Opens in Calabar as Chairman Hails Otu’s Peace, Devt Strides, Demands Media Rescue
News

82nd BON Assembly Opens in Calabar as Chairman Hails Otu’s Peace, Devt Strides, Demands Media Rescue

October 10, 2026
News

BREAKING: DSS Counsel Denies In Open Court Widely Reported Plan To Pause Sowore’s Trial Until After 2027 Election

October 1, 2026
News

Court orders Wike’s son to produce passport in alleged $2.1m fraud case

October 1, 2026
News

Citizens Must Take Elections, Nation-Building Seriously—Otti

October 1, 2026
News

Multi-million rand investment aims to expand school sports participation in Mitchells Plain

October 1, 2026
Next Post
Ita-Giwa is “Cross River’s Lighthouse of Courage”, Gov. Otu

Ita-Giwa is “Cross River’s Lighthouse of Courage”, Gov. Otu

Ogoja/Yala set for new era as Ofana unveils 2027 vision

Ogoja/Yala set for new era as Ofana unveils 2027 vision

Latest News

Applications Open for NDDC 2026/2027 Local Postgraduate Scholarship

Applications Open for NDDC 2026/2027 Local Postgraduate Scholarship

October 12, 2026
Mental Illness Is Not A Death Sentence, It’s Treatable, Says NAS

Mental Illness Is Not A Death Sentence, It’s Treatable, Says NAS

October 11, 2026
Arsenal v. Leeds

Arsenal v. Leeds

October 10, 2026
82nd BON Assembly Opens in Calabar as Chairman Hails Otu’s Peace, Devt Strides, Demands Media Rescue

82nd BON Assembly Opens in Calabar as Chairman Hails Otu’s Peace, Devt Strides, Demands Media Rescue

October 10, 2026
PROWPMAN Restores 200 Hectares of Forest in Cross River, Targets 2 Million Seedlings

PROWPMAN Restores 200 Hectares of Forest in Cross River, Targets 2 Million Seedlings

October 10, 2026

Topics

  • Latest News
  • Nigeria
  • Africa
  • Europe
  • Asia
  • Americas
  • United States

Social Media

  • WhatsApp
  • Facebook
  • X (Twitter)
  • YouTube
  • LinkedIn

Special Topics

  • Column
  • Bassey Otu
  • Bola Tinubu
  • Special Reports
  • Profile & Biography
  • Opinion
  • Latest News
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.

No Result
View All Result
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.