Buhari Is Daily Looting Nigeria’s Treasury In Readiness For 2019 – Fayose
Governor Ayodele Fayose has stirred a great controversy from the said $1 billion Excess Crude Fund to combat Boko Haram, by asserting that the President Muhammadu Buhari-led Federal Government is planning to loot the fund for reelection in 2019.
After, National Executive Council Meeting yesterday, Governor Godswin Obaseki disclosed to journalists that the council agreed to fund the fight against Boko Haram insurgency with the Excess Crude Account savings
Responding in several tweets today, Fayose distant himself from Obaseki’s assertion and maintained that consent was never gaven from the state governors, adding that it was a sole decision by the Federal Government.
Underlining his premises to invalidates FG’s intention of funding the war with against insurgency, the Governor said:
“For posterity sake, I wish to place it on record that I was not among the governors, who approved the withdrawal of $1bn, almost half of our savings in the Excess Crude Account, which
belongs to the three tiers of govt to fight an already defeated Boko Haram
“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 President Buhari’s re-election in 2019? 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. They told Nigerians that the decision to withdraw $1bn from the Excess Crude Account 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)?, he queried
“The reality is that our treasury is daily being looted in readiness for the 2019 elections.
Nigerians are therefore alerted to this looting by the APC led FG to amass huge fund for the 2019 elections under the pretense of fighting Boko Haram as well as other dubious means. N360bn is equivalent to what the Federation Account Allocation Committee share to the FG, 36 States and 774 LGs monthly. Nigerians deserve proper explanations from the FG on the rationale behind spending such huge sum of money to fight an already defeated Boko Haram”, Fayose established.
