Ayodele Fayose Raises Alarm As Buhari Takes $1 billion From the Excess Crude Account

 

 

 

 

Ekiti state governor, Ayodele Fayose has opposed the decision of the national economic council (NEC) to approve $1 billion for the fight against insurgency.

At the end of the NEC meeting on Thursday, Godwin Obaseki, governor of Edo state, said all the governors had agreed that the money should be taken from the excess crude account (ECA).

But in a statement on Friday, Fayose said he is not among those who gave the approval.

He alleged that the All Progressives Congress (APC) had the plan to use the money to fund President Muhammadu Buhari’s re-election.

“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 said in  a statement issued on his behalf by Lere Olayinka, his spokesman.

“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.”

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.

“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,” he said.

“Nigerians 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 pretence of fighting insurgency in the Northeast as well as other dubious means.”

Bricks

Nigeria's Oko Emmanuel Ekpo popularly known as Emma Bricks Oko is without doubt one of the country's best, versatile young broadcasters in the broadcasting industry today. The multi talented and award winning media personality is the most creative man among his peers in the industry. He has established a strong and authoritative voice in a career that has traversed both Radio & TV studios, diverse beats as Reporter/Editor and Newscaster. He has also ventured into the BUSSINESS of content creation as Creative writer, besides being very successful as a PR executive, promoter, producer, actor and event/artistes manager. Emma Bricks Oko was born on the 15th of June in Yala local government of Cross River State Nigeria. He gained fame and recognition in the media through his first TV programme "Nigerian Roads" in the late 2000s and was nominated for the 2011 NBC awards. He has bagged different awards and ambassadorial recognition which include: -Most outspoken Journalist, 2008 by (Department of Mass Communication, Fed. Poly, Bida) -Media Cancer Ambassador, 2012 by (Fed. ministry of health) -Nigerian Goodwill Ambassador, 2014 by (Nigerian Goodwill Ambassador Agency). After working with different broadcasting firms within the nation's capital which include the following, Independent Television, (ITV), Dasamal Television Network (DTN), love FM and Energy TV, he has registered brickswrites.com.ng, a blogging network which will help him to get to the heterogeneous audience as the world has gone digital in broadcasting.

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