Thursday 5 April 2018

Fayose raises alarm over Buhari’s approval of $1bn for arms


Ekiti State Governor, Mr Ayo Fayose
Governor Ayodele Fayose of Ekiti State has raised the alarm over the approval by President Muhammadu Buhari of $1 billion for the procurement of security equipment to fight Boko Haram insurgency, saying it was rather for the conduct of the 2019 election.

Fayose in a statement by his Special Assistant on Public Communications and New Media, Lere Olayinka, on Wednesday, alleged that “it as a pooling of public funds for the purpose of funding President Buhari’s reelection as well as the coming governorship elections in Ekiti and Osun States.”
The governor demanded to know whether or not the $1 billion was from the Excess Crude Account (ECA), saying “it will be illegal and against the principle of federalism that operates in Nigeria for the President, who is the head of just one of the federating units to approve spending of fund belonging to the three tiers of government without the consent of heads of other federating units.”
Governor Fayose asked: “When did the National Assembly approve the spending of the $1 billion? Or can the President spend $1 billion belonging to Nigerians without the approval of the National Assembly?”
He said “Nigerians required explanations from the federal government as to where the $1 billion will be sourced because the President lacked the power to unilaterally spend money from the Excess Crude Account. Not even when there is a pending suit by Ekiti State Local Council Chairmen, challenging the powers the 36 state governors to purportedly execute the constitutional duty of the Federal government without their consent.”

- Tribune

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