Fayose - FG Reason For Withdrawing $1bn Excess Crude Money Is To Fund Buhari’s 2019 Not To Fight Boko Haram



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.

He made this comment in a statement issued to NEWSFLASHNGR.COM 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 774 Local Councils monthly, nothing 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.”

Source>>>https://www.newsflashngr.com/fayose-declares-blatant-lie-fg-reason-withdrawing-1bn-excess-crude-money-fund-buharis-2019-not-fight-boko-haram/

Hnmm

This wan jaaaaah ...I agree with am. The money was withdrawn so they could invest in Bitcoins .....thank me later cause you heard it from here first.

sweetsandy4luv:
Fayose - FG Reason For Withdrawing $1bn Excess Crude Money Is To Fund Buhari’s 2019 Not To Fight Boko Haram



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.

He made this comment in a statement issued to NEWSFLASHNGR.COM 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 774 Local Councils monthly, nothing 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.”

Source>>>https://www.newsflashngr.com/fayose-declares-blatant-lie-fg-reason-withdrawing-1bn-excess-crude-money-fund-buharis-2019-not-fight-boko-haram/

This gal above me shaa.. see as she quote the whole post.. If I talk now una go say I too talk.

This administration is a total disaster that must be voted out soon.

Hysteria of becoming a mere street urchin after 2019 election has gripped Fayose.

Hmmm

BABA 2019 pls do not Atikulate!!!

Honestly speaking, Buhari is trailing the Jonathan’s administration both on the positive and negative aspects...'still waiting for the novelty of this administration

Whenever new government comes in, the level of corruption of apc would be exposed.

Confused government.

olatade:
Hysteria of becoming a mere street urchin after 2019 election has gripped Fayose.

The person who mask you with foolishness must be purnished. Fayose whose future and generations is secured is raising alarm on our collective wealth that is about to be syphoned by the new sheriff and his gang of thieves wearing integrity cloth but you are here talking trash.

Fayose is just a clown...He can never no what the money is meant for until Ekiti State turns to Borno...So he think that every administration will be like PDP administration, using money meant for armunitions to campaign...

Why didn't go for the meeting. You talk too much. Crying over a spilt milk.

Nogodye:
Fayose is just a clown...He can never no what the money is meant for until Ekiti State turns to Borno...So he think that every administration will be like PDP administration, using money meant for armunitions to campaign...

Your personal hatred for Fayose would never make you see sense in the truth even when you are confronted with one.

Someday and very soon, you'll realise that the kind of monumental fraud and stealing that took place between 2015 and 2019 under 'Mr. Integrity's watch' was unprecedented in our nation's history, thanks to his cluelessness and mental bankruptcy.

emmasege:
Your personal hatred for Fayose would never make you see sense in the truth even when you are confronted with one.

Someday and very soon, you'll realise that the kind of monumental fraud and stealing that took place between 2015 and 2019 under 'Mr. Integrity's watch' was unprecedented in our nation's history, thanks to his cluelessness and mental bankruptcy.

Where was your hero(fayose) when they were distributing money meant for arms deal for campaign under your clueless Jonathan...Fayose took his own share as well.So what's the point.Must he politicize every decision made by the present administration just for his own ambition.