NEC’s approved $1bn is for Buhari’s re-election – Fayose

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Governor Ayodele Fayose of Ekiti State has alleged that the decision to withdraw $1bn from the Excess Crude Account to fight Boko Haram insurgency in the North-East region is a means by the All Progressives Congress-led Federal Government to fund President Muhammadu Buhari’s re-election in 2019.

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The Governor, in a statement on Friday by his Special Assistant on Public Communications and New Media, Lere Olayinka, 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.”

According to the governor, since they said they have defeated Boko Haram, what else do they need a whopping sum of $1bn (over N360bn) for; if not to fund the 2019 elections?

He said, “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.”

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