The Ekiti State Governor, Ayodele Fayose, has challenged the President Muhammadu Buhari-led Federal Government, to make available to Nigerians how the money released by International donors for the fight against Boko Haram was spent; while describing the the decision to withdraw $1 billion from the Excess Crude Account to fight Boko Haram insurgency in the North-East region, as a means by the All Progressives Congress, APC, to fund President Muhammadu Buhari’s re-election in 2019.
He stated that he was not part of the decision made at the National Economic Council, NEC, meeting, which was attended by State Governors and Ministers, among others.
“For posterity sake, I wish to place it on record, that I was not among the Governors who approved the withdrawal of almost half of our savings in the Excess Crude Account, which belongs to the three tiers of government, to fight an already defeated insurgency.” he declared.
In a statement issued in Ado-Ekiti, on Friday, and signed by his Special Assistant on Public Communications and New Media, Lere Olayinka, Governor Fayose questioned that: “Since they said they have defeated Boko Haram, what else do they need a whopping sum of $1 billion (over N360 billion) for; if not to fund the 2019 elections?
“The APC promised to wipe out Boko Haram within six months, now it is 31 months and what the APC government is wiping out is the economy of Nigeria, and the means of livelihood of the people.”
The Governor said N360 billion was equivalent to what the Federation Account Allocation Committee, FAAC, share to the Federal Government, 36 States, and 774 Local Government Councils monthly; noting that:
“Nigerians deserve proper explanations from the Federal Government on the rationale behind spending such huge sums of money to fight an already defeated Boko Haram.”
He went on to challenge the Federal Government to make available to Nigerians, how the money released by International donors for the fight against Boko Haram was spent, adding that:
“Even the Transparency International (TI), once said in its report that some top Military officials in the country were feeding fat from the war against Boko Haram, by creating fake contracts and laundering the proceeds in the United States, United Kingdom, and elsewhere.”
The Governor, also alleged that the N50 billion kept by the Nigeria National Petroleum Corporation, NNPC, in different commercial bank accounts outside the Treasury Single Account, TSA, on the directive of President Buhari’s Chief of Staff, Abba Kyari, was part of the funds being kept to fund President Buhari’s election in 2019.
Governor Fayose stated: “Nigerians are alarmed by the revelation from the House of Representatives, that President Buhari exempted NNPC from transferring N50 billion to the TSA, and the Central Bank of Nigeria’s (CBN) confirmation, that a letter issued by the Chief of Staff (CoS) to the President, Abba Kyari, conveyed the directive.
“Also, they are miffed by the Federal Government’s idea of withdrawing $1 billion from the Excess Crude Account to fund an insurgency they said had been defeated.
“They went on to tell Nigerians that the decision was taken by Governors of the 36 States, whereas, it was solely the idea of the Federal Government, which they used the arranged National Executive Council meeting to achieve.
“The question is; how can the Federal Government alone spend almost half of the Excess Crude money that belongs to the three tiers of government (i.e. Federal Government, States and Local Councils)?
“The reality is that our treasury is daily being looted in readiness for the 2019 elections. Nigerians are therefore, alerted to this lootings by the APC-led Federal Government, to amass huge fund for the 2019 elections, under the pretense of fighting insurgency in the North-East, as well as other dubious means.”
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