PDP, Presidency clash over $1bn ECA spending


The Peoples Democratic Party has raised the alarm that agents of Muhammadu Buhari presidency and the All Progressives Congress have allegedly siphoned $1bn from the Excess Crude Account.

The PDP said this through its National Publicity Secretary, Kola Ologbondiyan, urging Buhari to explain to Nigerians the whereabouts of the money.

He described as shocking, the confession of the National Security Adviser, Babagana Mongunu that he was not aware of the whereabouts or disbursement of the $1bn drawn from the ECA by the Muhammadu Buhari presidency in 2017 for security purposes.

He added that the confession by the NSA, who coordinates the security architecture of the nation, directly placed a huge burden on Buhari’s doorsteps over reported stealing and diversion of funds meant for security, while insurgency, banditry, killings and kidnapping fester under his watch.

He said the issue further validates the stance of the PDP that agents of the Buhari presidency and the APC were hiding under the guise of security to siphon the $1bn from the ECA

Responding to this, however, Senior Special Assistant to the President on Media and Publicity, Garba Shehu, described the PDP allegation as “rubbish”, saying the party was suffering from “socio-emotional distress.”

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