How we spent $1bn security fund – Presidency

The Presidency has dismissed Peoples Democratic Party’s (PDP) allegation that the one billion dollars drawn from the Excess Crude Account (ECA) was spent by the Muhammadu Buhari administration on the 2019 general elections.

The Peoples Democratic Party in a statement on Sunday asked Buhari to explain to Nigerians what his administration had done with one billion dollars drawn from the ECA in 2017 and meant to address the nation’s security challenges.

The amount was approved by the National Economic Council in December, 2017, to be used to purchase weapons to fight insurgency across the country.

However, Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, in a statement in Abuja on Sunday, said “this unverifiable allegation’’ clearly indicated that the PDP was suffering from socio emotional distress.

He said PDP ”thinks that all governments in the world run on the basis of freewheeling looting as they did their own.

”Here is what happened to that 1 billion dollars. It’s on record that the Buhari administration paid about 490 million dollars for a dozen Super Tucano fighter aircraft in a direct, government-to-government (no Contractors or Commission Agents) transaction with government of the United States.

”Various other military procurement have been made. Balance of expenditure stands at about 880 million dollars or so. The PDP spent Defence procurement funds on their failed 2015 political campaigns as proven in court. That is not to say every succeeding government, more so one led by a Buhari will do the same.”

The presidential aide added that, barring considerations of national security, the details of the stage of implementation, the procurement made and the suppliers would be obtained and made available on Monday.
https://dailynaijamode.com/how-we-spent-1bn-security-fund-presidency/

Fraudulent administration of rogues

Where's the dozen Super Tucano fighter aircraft and other military procurement standing at 880m dollar ? Will they arrive after we have no military officers to use them anymore because soldiers are getting killed everyday by boko boys

Pdp should shut up they have no moral right to slander this present government.

Spent or shared?

johnmartus:
Pdp should shut up they have no moral right to slander this present government.

yes they may have none, but this is Democracy and it doesn't stop them from voicing out when the need arise. If true they spent that amount buying this and that on security, the question is why are things still this bad..

Let me tell you bro am no PDP or APC I hate both ..infact I hate Naija politicians they are thieves ..federal, state and local thieves .. They have eaten the money as usual the corruption going on in this present administration when dropped into an ocean can dry it up.

All they know it's looting looting and loooting .

The Comedy Republic of the world.

I can understand PDP sha and very well commiserate with them....

E no easy to dey look from the side line for solid 8 years.

Then add this next level staircase to the mix, pdp go just dey para anyhow.

That's what you get for being too arrogant and taking Nigerians for granted.

Na turn by turn...hand go still meet APC...

Hmm


https://www.youtube.com/watch?v=7SSfHH_mUTc

Nothing in this junk reply but another decombulated gibberish laced with APC lies and propaganda as usual
Meanwhile, why is BH yet to be defeated?

They bought 1 million Tucano helicopters yet crime and killings are at an all time high

They should clap for themselves

Maybe that N400m some officers absconded with is even part of it.

This Garba Shehu think every body in Nigeria hold a tag of zombie.
Instead of him to list all the equipment purchase and the amount, it is only Tucano that he telling us. Which one is ''an other equipment purchase''?

PDP THINKS EVERY GOVERNMENT WILL BE LOOTING LIKE THEM


MEANWHILE, HOW MANY STATES GOVERMENT HAVE CONSTITUTED HER CABINET