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The president of the federal republic of Nigeria has informed lawmakers that he will not sign the Peace Corps Bill. In his letter to the House of Representative, read by the Speaker, Yakubu Dogara, during plenary on Tuesday.

The president cited security concerns and financial burden of funding the organisation by the government as his reasons for rejecting the bill. The president said given the limited government resources, funding the organisation will be a financial burden on the federal government. 

Buhari said the bill seeks to empower the peace corps to undertake activities which are currently being performed by existing security and law enforcement agencies.

The National Assembly passed the Peace Corps Bill last year and it has been widely expected by many Nigerians, especially the youth to create jobs thereby reducing unemployment in the country.