• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria Drops to 149 On Corruption Perception Index, See Why

$1bn Arms Fund: PDP Calls Out Buhari Presidency, Says Nigeria Has Been Swindled

5 years ago
Egypt Seals $1.8bn Renewable Energy, Storage Deals

Egypt Seals $1.8bn Renewable Energy, Storage Deals

12 hours ago
S/A: Crime Wave Forces Inanda Residents To Flee

S/A: Crime Wave Forces Inanda Residents To Flee

14 hours ago
Iran Threatens Retaliation If US, Israel Strike Over Anti-Govt Protests

Iran Threatens Retaliation If US, Israel Strike Over Anti-Govt Protests

15 hours ago
US Orders Citizens In Venezuela To Leave Immediately Over Security Concerns

US Orders Citizens In Venezuela To Leave Immediately Over Security Concerns

17 hours ago
Ukrainians Protest Inclusion Of Russia In South Africa’s Military Drill

Ukrainians Protest Inclusion Of Russia In South Africa’s Military Drill

1 day ago
Monday, January 12, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    South Africa: Ramaphosa Urges ANC To Improve Service Ahead Of Local Elections

    South Africa: Ramaphosa Urges ANC To Improve Service Ahead Of Local Elections

    Uganda: Bobi Wine Cleared To Contest January Presidential Poll

    Uganda: Main Opposition Candidate Threatens Review Of Oil Deals If Elected

    Guinea: Doumbouya To Be Sworn-In Jan. 17 As Supreme Court Confirms Victory

    Guinea: Doumbouya To Be Sworn-In Jan. 17 As Supreme Court Confirms Victory

    CAR: President Touadéra Wins Third Term

    CAR: President Touadéra Wins Third Term

    Uganda: Commission Says No Plan To Block Internet During Jan. 15 Polls

    Uganda: Commission Says No Plan To Block Internet During Jan. 15 Polls

    France: 10 Convicted For Cyberbullying Macron’s Wife

    France: 10 Convicted For Cyberbullying Macron’s Wife

    Venezuela: VP Rodriguez Named Interim President After Maduro’s Capture

    Venezuela: VP Rodriguez Named Interim President After Maduro’s Capture

    HT Exclusive: 2025: Elections That Marked Visible Downward Trends In Africa’s Democratic Journey

    HT Exclusive: 2025: Elections That Marked Visible Downward Trends In Africa’s Democratic Journey

    DRC, Liberia, Others Become Non-permanent Members Of UN Security Council

    DRC, Liberia, Others Become Non-permanent Members Of UN Security Council

  • Economy
    Ethiopia To Complete Construction Of $12.5bn Africa’s Biggest Airport By 2030

    Ethiopia To Complete Construction Of $12.5bn Africa’s Biggest Airport By 2030

    Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

    Senegal Rules Out Debt Restructuring Despite IMF Concerns

    China’s FM Tours Ethiopia, Somalia, Tanzania In Search Of Strategic Trade Routes

    China’s FM Tours Ethiopia, Somalia, Tanzania In Search Of Strategic Trade Routes

    US Warns Against Non-Performance In $2.3bn Health Deals With Four African Nations

    Trump Says Venezuela Will Supply 30–50 Million Barrels Of Its Oil To The US

    Senegal: Mixed Reactions As Faye Marks First Anniversary As President

    Senegal: Govt Finalising Debt Management Programme With IMF “Quickly” — Minister 

    Zimbabwe To Upgrade Thermal Plant To Add 400 Megawatts To Grid

    Zimbabwe To Upgrade Thermal Plant To Add 400 Megawatts To Grid

    War In Ukraine Pushing Poverty Higher —World Bank

    World Bank Okays $500m Lifeline For MSMEs In Nigeria 

    Nigeria: Africa’s Richest Man, Dangote Questions $5m Foreign School Fees For Children Of Nigerian Regulator Chief

    Nigeria: Dangote’s Corruption Allegation Forces NMDPRA MD Farouk Ahmed Out Of Office

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya Aims To Expand Power Infrastructure, Seals $311m Deal With Africa50, Indian Firm

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    South Africa: Ramaphosa Urges ANC To Improve Service Ahead Of Local Elections

    South Africa: Ramaphosa Urges ANC To Improve Service Ahead Of Local Elections

    Uganda: Bobi Wine Cleared To Contest January Presidential Poll

    Uganda: Main Opposition Candidate Threatens Review Of Oil Deals If Elected

    Guinea: Doumbouya To Be Sworn-In Jan. 17 As Supreme Court Confirms Victory

    Guinea: Doumbouya To Be Sworn-In Jan. 17 As Supreme Court Confirms Victory

    CAR: President Touadéra Wins Third Term

    CAR: President Touadéra Wins Third Term

    Uganda: Commission Says No Plan To Block Internet During Jan. 15 Polls

    Uganda: Commission Says No Plan To Block Internet During Jan. 15 Polls

    France: 10 Convicted For Cyberbullying Macron’s Wife

    France: 10 Convicted For Cyberbullying Macron’s Wife

    Venezuela: VP Rodriguez Named Interim President After Maduro’s Capture

    Venezuela: VP Rodriguez Named Interim President After Maduro’s Capture

    HT Exclusive: 2025: Elections That Marked Visible Downward Trends In Africa’s Democratic Journey

    HT Exclusive: 2025: Elections That Marked Visible Downward Trends In Africa’s Democratic Journey

    DRC, Liberia, Others Become Non-permanent Members Of UN Security Council

    DRC, Liberia, Others Become Non-permanent Members Of UN Security Council

  • Economy
    Ethiopia To Complete Construction Of $12.5bn Africa’s Biggest Airport By 2030

    Ethiopia To Complete Construction Of $12.5bn Africa’s Biggest Airport By 2030

    Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

    Senegal Rules Out Debt Restructuring Despite IMF Concerns

    China’s FM Tours Ethiopia, Somalia, Tanzania In Search Of Strategic Trade Routes

    China’s FM Tours Ethiopia, Somalia, Tanzania In Search Of Strategic Trade Routes

    US Warns Against Non-Performance In $2.3bn Health Deals With Four African Nations

    Trump Says Venezuela Will Supply 30–50 Million Barrels Of Its Oil To The US

    Senegal: Mixed Reactions As Faye Marks First Anniversary As President

    Senegal: Govt Finalising Debt Management Programme With IMF “Quickly” — Minister 

    Zimbabwe To Upgrade Thermal Plant To Add 400 Megawatts To Grid

    Zimbabwe To Upgrade Thermal Plant To Add 400 Megawatts To Grid

    War In Ukraine Pushing Poverty Higher —World Bank

    World Bank Okays $500m Lifeline For MSMEs In Nigeria 

    Nigeria: Africa’s Richest Man, Dangote Questions $5m Foreign School Fees For Children Of Nigerian Regulator Chief

    Nigeria: Dangote’s Corruption Allegation Forces NMDPRA MD Farouk Ahmed Out Of Office

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya Aims To Expand Power Infrastructure, Seals $311m Deal With Africa50, Indian Firm

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

$1bn Arms Fund: PDP Calls Out Buhari Presidency, Says Nigeria Has Been Swindled

... says Buhari Presidency has become a parlor of corruption for fraudsters, criminal cabals and treasury looters.

March 13, 2021
in Security, Top Stories
0
Nigeria Drops to 149 On Corruption Perception Index, See Why
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Peoples Democratic Party (PDP) has said that Nigeria has been swindled by Buhari Presidency following repeated assertion by the National Security Adviser (NSA), Gen. Babagana Monguno, that the $1bn drawn from the national treasury, under the claims of purchase of arms to fight terrorism, can still not be traced.

Monguno had made the comment in an interview with BBC Hausa.

Relatedreading

Egypt Seals $1.8bn Renewable Energy, Storage Deals

S/A: Crime Wave Forces Inanda Residents To Flee

However, the presidency and the NSA’s office later claimed that Monguno was misquoted, although a translation of the interview done by TheCable showed otherwise.

The PDP, in a statement by its spokesman, Kola Ologbondiyan said that the uncontradicted revelation of the NSA leaves no one in doubt that the Buhari Presidency has become a parlor of corruption for fraudsters, criminal cabals and treasury looters, who have been pillaging the national coffers under executive cover.

“Nigerians could see how officials of the Buhari Presidency have been struggling to divert attention from this huge swindle by claiming that the money was spent for the purchase of 12 Super Tucano planes, which it also claimed would be delivered in 2020, only for the NSA to now declare that the entire fund cannot be traced.

“Four years down the line, nobody has seen the Super Tucano planes and no explanation has been given by the Buhari Presidency over the whereabouts of the money.”

PDP said it recalled how, instead of offering explanations when the issue was first raised in July 2019, the Buhari Presidency resorted to hauling insults on the party and other patriotic citizens, “while making hollow, disjointed and uncoordinated claims, which the NSA’s assertion has now exposed to be lies and fabrications”.

The statement further read, “It is indeed shameful that President Muhammadu Buhari is presiding over a security architecture where funds provided by his Presidency for purchase of arms has vanished into thin air while our citizens and gallant troop in the front are left at the mercies of terrorists and insurgents.

“While it is common knowledge that this administration is into treasury looting, our party asserts that stealing money meant for purchase of arms to protect the people is an unpardonable sacrilege.

“Perhaps this could be part of the reason the Buhari administration and the APC leadership of the Senate hurriedly conferred diplomatic immunity to the erstwhile service chiefs, under whose command the humongous sum grew wings.

“Our party insists that President Buhari, as the commander-in-chief, must take the full responsibility of explaining the whereabouts of the money as the buck stops only on his table.

“Furthermore, the PDP urges the NSA to commence a system wide investigation as well as place certain APC leaders and their cronies in the Presidency under watch to ensure that none of them escapes from the country to evade justice.

“Moreover, beyond the on-going investigation in the House of Representatives, our party calls for a joint public hearing of the National Assembly to investigate the whereabouts of the $1bn as well as other monies meant for security purposes under President Buhari’s watch.”

ShareTweetSend
Previous Post

Lewandowski becomes second all-time scorer in Bundesliga with Bremen strike

Next Post

No Negotiations with Bandits – Ortom

Related Posts

Egypt Seals $1.8bn Renewable Energy, Storage Deals

Egypt Seals $1.8bn Renewable Energy, Storage Deals

January 11, 2026
S/A: Crime Wave Forces Inanda Residents To Flee

S/A: Crime Wave Forces Inanda Residents To Flee

January 11, 2026

Iran Threatens Retaliation If US, Israel Strike Over Anti-Govt Protests

US Orders Citizens In Venezuela To Leave Immediately Over Security Concerns

Ukrainians Protest Inclusion Of Russia In South Africa’s Military Drill

Ethiopia To Complete Construction Of $12.5bn Africa’s Biggest Airport By 2030

Next Post
Benue To Teach Venacular in Schools

No Negotiations with Bandits - Ortom

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Egypt Seals $1.8bn Renewable Energy, Storage Deals

Egypt Seals $1.8bn Renewable Energy, Storage Deals

January 11, 2026
S/A: Crime Wave Forces Inanda Residents To Flee

S/A: Crime Wave Forces Inanda Residents To Flee

January 11, 2026
Iran Threatens Retaliation If US, Israel Strike Over Anti-Govt Protests

Iran Threatens Retaliation If US, Israel Strike Over Anti-Govt Protests

January 11, 2026
US Orders Citizens In Venezuela To Leave Immediately Over Security Concerns

US Orders Citizens In Venezuela To Leave Immediately Over Security Concerns

January 11, 2026
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Egypt Seals $1.8bn Renewable Energy, Storage Deals

January 11, 2026

S/A: Crime Wave Forces Inanda Residents To Flee

January 11, 2026

Iran Threatens Retaliation If US, Israel Strike Over Anti-Govt Protests

January 11, 2026

US Orders Citizens In Venezuela To Leave Immediately Over Security Concerns

January 11, 2026

Ukrainians Protest Inclusion Of Russia In South Africa’s Military Drill

January 10, 2026

Ethiopia To Complete Construction Of $12.5bn Africa’s Biggest Airport By 2030

January 10, 2026

South Africa: Ramaphosa Urges ANC To Improve Service Ahead Of Local Elections

January 10, 2026

Senegal Rules Out Debt Restructuring Despite IMF Concerns

January 9, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In