$1bn Withdrawal From Excess Crude Account To Fund Buhari’s Re-Election Not B’Haram– Fayose
Governor of Ekiti State, Mr Ayodele Fayose, has said the planned withdrawal of $1 billion from the Excess Crude Account (ECA) was to fund President Muhammadu Buhari’s re-election in 2019 and not to fight Boko Haram insurgency in the North-east region.
In a statement issued in Ado Ekiti on Friday, and signed by his Special Assistant on Public Communications and New Media, Lere Olayinka, Governor Fayose said: “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.
“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?
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“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,” Fayose said.
