{"id":67789,"date":"2019-07-21T18:00:36","date_gmt":"2019-07-21T17:00:36","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=67789"},"modified":"2019-07-21T18:00:36","modified_gmt":"2019-07-21T17:00:36","slug":"pdp-raises-alarm-over-whereabouts-of-1bn-eca-security-fund","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/pdp-raises-alarm-over-whereabouts-of-1bn-eca-security-fund\/","title":{"rendered":"PDP Raises Alarm Over Whereabouts of $1bn ECA Security Fund"},"content":{"rendered":"<p>\u2026Demands\u00a0 Immediate Public Explanation From Buhari<\/p>\n<p>The Peoples Democratic Party (PDP) has drawn the attention of Nigerians<br \/>\nto the shocking confession by the National Security Adviser (NSA), Gen.<br \/>\nBabagana Mongunu (rtd), that he is not aware of the whereabouts or<br \/>\ndisbursement of the $1bn drawn from the Excess Crude Account (ECA) by<br \/>\nthe Muhammadu Buhari Presidency in 2017 for security purposes.<\/p>\n<p>According to a statement signed by Kola ologbondiyan, &#8220;this confession<br \/>\nby the NSA, who coordinates the security architecture of the nation,<br \/>\ndirectly places a huge burden on President Buhari\u2019s doorsteps over<br \/>\nreported stealing and diversion of funds meant for security, while<br \/>\ninsurgency, banditry, killings and kidnapping fester in the land under<br \/>\nhis watch.<\/p>\n<p>&#8220;The revelation by NSA further vindicates the PDP on our initial alarm<br \/>\nthat the All Progressives Congress (APC)-led administration is overtly<br \/>\ncorrupt, deceptive and unreliable in the handling the affairs of our<br \/>\nnation.<\/p>\n<p>&#8220;It further validates the stance of the PDP that agents of the Buhari<br \/>\nPresidency and the APC were hiding under the guise of security to siphon<br \/>\nthe $1bn from the ECA. This, peharps, informed the desperation by the<br \/>\ncabal to draw from the Account without recourse to statutory due process<br \/>\nof appropriation by the National Assembly.<\/p>\n<p>&#8220;From Gen. Mongunu\u2019s confession, Nigerians can further see why our<br \/>\nnation is daily confronted with disturbing videos and reports of our<br \/>\nfighting troops protesting their neglect and inadequate equipping,<br \/>\nleading to their vulnerability in the fronts.<\/p>\n<p>&#8220;Now that the National Security Adviser has declared that he is not<br \/>\naware of the whereabouts of funds, the burden, straightaway, lies<br \/>\nsquarely on President Muhammadu Buhari to immediately address the nation<br \/>\non how the money was handled.<\/p>\n<p>&#8220;This is especially as there are already allegations in the public space<br \/>\nthat certain funds meant for security were diverted for 2019 campaign<br \/>\nactivities of the APC while our troops languished in the front.<\/p>\n<p>&#8220;Our party had always alerted Nigerians that the APC administration was<br \/>\ninsincere in the handling of the ECA fund leading to our demand in 2017<br \/>\nfor the National Assembly to investigate the handling of the $1bn.<\/p>\n<p>&#8220;The PDP hereby restates our demand that President Buhari allows for a<br \/>\nsystem-wide investigation into the whereabouts of the $1bn, as well as<br \/>\nthe handling of other funds meant for security purposes under his watch.<\/p>\n<p>&#8220;Furthermore, the PDP invites Nigerians to note that such diversion of<br \/>\nfunds under the Buhari administration led to the articulation of a<br \/>\nblueprint by Atiku Abubakar for a transparent system that eliminates<br \/>\nsiphoning of funds, particularly in our critical sectors.&#8221;<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>\u2026Demands\u00a0 Immediate Public Explanation From Buhari The Peoples Democratic Party (PDP) has drawn the attention of Nigerians to the shocking confession by the National Security Adviser (NSA), Gen. Babagana Mongunu&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":67790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-67789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PDP Raises Alarm Over Whereabouts of $1bn ECA Security Fund - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/pdp-raises-alarm-over-whereabouts-of-1bn-eca-security-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PDP Raises Alarm Over Whereabouts of $1bn ECA Security Fund - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"\u2026Demands\u00a0 Immediate Public Explanation From Buhari The Peoples Democratic Party (PDP) has drawn the attention of Nigerians to the shocking confession by the National Security Adviser (NSA), Gen. 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