• Home
  • News
  • Entertainment
  • Sports
  • Politics
  • Business
  • Jobs
  • Food
  • Health
  • Classified
  • Faith
Thursday, February 25, 2021
Everyday.NG
ADVERTISEMENT
  • Home
  • News
  • Entertainment
  • Sports
  • Politics
  • Business
  • Jobs
  • Food
  • Health
  • Classified
  • Faith
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Sports
  • Politics
  • Business
  • Jobs
  • Food
  • Health
  • Classified
  • Faith
No Result
View All Result
Everyday.NG
No Result
View All Result
Home News

$1b to fight already defeated Boko Haram? Count me out, says Fayose

Admin by Admin
15 December 2017
in News, Politics
0
$1b to fight already defeated Boko Haram? Count me out, says Fayose
0
SHARES
11
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

FG withdrawing $1bn Excess Crude Money to fund Buhari’s 2019 election

From Jimoh Joseph, Ado-Ekiti

Ekiti State Governor, Mr Ayodele Fayose has described 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) led federal government to fund President Muhammadu
Buhari’s re-election in 2019.

“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 said; “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,” Governor Fayose
said.

The governor said N360 billion was equivalent to what the Federation
Account Allocation Committee (FAAC) share to the federal government,
36 States and 777 Local Councils monthly, noting that “Nigerians
deserve proper explanations from the federal government on the rationale behind spending such huge sum of money to fight an already defeated Boko Haram.”

He challenged 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 fund
being kept to fund President Buhari’s election in 2019.

Governor Fayose said; “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
(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
Northeast as well as other dubious means.”

ADVERTISEMENT
Previous Post

Video: Charles “Charly Boy” Oputa to Imo indigenes; our mumu don do

Next Post

ECOWAS Commission invites EFCC investigators; Buhari says he wants his troops back home

Admin

Admin

Next Post
ECOWAS Commission invites EFCC investigators; Buhari says he wants his troops back home

ECOWAS Commission invites EFCC investigators; Buhari says he wants his troops back home

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
UN says US bigger killer of Afghan civilians than Taliban

(Viral video) Is this frightening message for the whole world or America?

7 July 2020

Woman raped by herdsmen In Anambra dies; as viral video, incessant rape builds tension

1 July 2020

(Interview) Gideon Para-Mallam insists Presidency got it wrong on CAN, praises Kukah

11 January 2020

Scandalous video on Success school; govt sacks head-teacher as girl gets help

20 March 2019
“Devaan says,” debuts….I was deceived, what do I do?

“Devaan says,” debuts….I was deceived, what do I do?

6
Restructuring: why it won’t work here

Restructuring: why it won’t work here

3
Diary of an angry and frustrated graduate

Diary of an angry and frustrated graduate

3
Govt, Christian bodies meet over controversial school curriculum

Govt, Christian bodies meet over controversial school curriculum

2
CAN fears resurgence of insurgency may hamper elections in North-East

Northern elders dissociate selves from Gumi’s position on Armed Forces of Nigeria

24 February 2021

Zulum at hospitals, confirms 10 deaths, 47 injuries after Boko Haram’s RPG hit Gwange

24 February 2021
Police warns schools in Abuja after nabbing kidnap suspects

Two months into 2021, Senate approves N11.35bn for Police Trust Fund for 2020; to lapse in 9 weeks

24 February 2021
Finally, hammer falls on Magu as Buhari tips 40 years old AbdulRasheed Bawa as replacement

Bawa bows in Senate and goes to become EFCC Chairman

24 February 2021

Recent News

CAN fears resurgence of insurgency may hamper elections in North-East

Northern elders dissociate selves from Gumi’s position on Armed Forces of Nigeria

24 February 2021

Zulum at hospitals, confirms 10 deaths, 47 injuries after Boko Haram’s RPG hit Gwange

24 February 2021
Police warns schools in Abuja after nabbing kidnap suspects

Two months into 2021, Senate approves N11.35bn for Police Trust Fund for 2020; to lapse in 9 weeks

24 February 2021
Finally, hammer falls on Magu as Buhari tips 40 years old AbdulRasheed Bawa as replacement

Bawa bows in Senate and goes to become EFCC Chairman

24 February 2021

Contact us

Everyday.NG

Do you have information, advertisement, event, report, video, or article to share? Please reach Nigeria Everyday (www.everyday.ng) through:
Tel. +234 8022198060
WhatsApp +234 8022198060
Email: info@everyday.ng; matsilas@gmail.com.

Please note that all articles tagged ‘Opinion’ do not necessarily represent the views and opinions of Nigeria Everyday (www.everyday.ng), they are the views and position of the writer

Follow Us

Browse by Category

  • Agriculture
  • Business
  • Classified
  • Culture
  • Education
  • Entertainment
  • Faith
  • Features
  • Food
  • Health
  • Jobs
  • News
  • Obituary
  • Opinion
  • Politics
  • Social Media
  • Sports
  • Uncategorized

Recent News

CAN fears resurgence of insurgency may hamper elections in North-East

Northern elders dissociate selves from Gumi’s position on Armed Forces of Nigeria

24 February 2021

Zulum at hospitals, confirms 10 deaths, 47 injuries after Boko Haram’s RPG hit Gwange

24 February 2021
  • Privacy Policy

© 2019 Nigeria Everyday - Truth Begets Freedom

No Result
View All Result
  • Home
  • News
  • Entertainment
  • Sports
  • Politics
  • Business
  • Jobs
  • Food
  • Health
  • Classified
  • Faith

© 2019 Nigeria Everyday - Truth Begets Freedom