• 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
Nigeria: Presidency Accuses Man Of Creating Fake Government Agency

Nigeria: Fake Agency Within Presidency Under Investigation

19 hours ago
Trump Calls Erdogan ‘Great Leader’, As NATO Summit Ends In Türkiye

Trump Calls Erdogan ‘Great Leader’, As NATO Summit Ends In Türkiye

19 hours ago
Uganda: Central Bank To Implement Gold Purchase Policy This Month

Tanzania: Central Bank Purchases Over $3bn Worth Of Gold To Bolster Reserve

19 hours ago
Guinea Faces Setback To Becoming Ebola Virus-Free As New Case Resurfaces

Inside Ghana’s Drive To Stay Ahead Of The Next Pandemic

22 hours ago
Uganda Bans Use Of “My Lord”, Bowing For Judges In Courts

Uganda Bans Use Of “My Lord”, Bowing For Judges In Courts

23 hours ago
Thursday, July 9, 2026
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Zimbabwe: Mnangagwa Signs Law Extending His Tenure From 5 To 7 Years

    Zimbabwe: Mnangagwa Signs Law Extending His Tenure From 5 To 7 Years

    Senegal: President Faye Approves 10-Year Jail Term For Same-Sex Relations

    Senegal: President Faye Considers Forming New Political Party

    Senegal: Parliament Passes Bill To Reduce Presidential Power

    Senegal: Parliament Passes Bill To Reduce Presidential Power

    Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

    Tanzania Places Indefinite Ban On Political Rallies

    South Sudan To Hold First-Ever Election December

    South Sudan To Hold First-Ever Election December

    Keir Starmer Quits As UK Prime Minister  

    Keir Starmer Quits As UK Prime Minister  

    Trump Hints On Starmer’s Resignation As UK Prime Minister

    Trump Hints On Starmer’s Resignation As UK Prime Minister

    Zimbabwe Pays First Compensation To White Farmers Affected By Land Reforms

    Zimbabwe: Parliament Passes Bill To Extend Mnangagwa’s Tenure To 7 Years

    US Grants Green Card To Ghana’s Wanted Ex-Finance Minister Ofori-Atta

  • Economy
    Uganda: Central Bank To Implement Gold Purchase Policy This Month

    Tanzania: Central Bank Purchases Over $3bn Worth Of Gold To Bolster Reserve

    1.2 Million Undocumented Migrants Apply For Legal Status In Spain

    1.2 Million Undocumented Migrants Apply For Legal Status In Spain

    Kenya, Rwanda Sign Fuel Import Deal To Stabilize Supply

    Kenya, Rwanda Sign Fuel Import Deal To Stabilize Supply

    Guinea: PM Says “Debt Trap” Narrative Around Chinese Loans Untrue

    Guinea: PM Says “Debt Trap” Narrative Around Chinese Loans Untrue

    Guinea: President Doumbouya Appoints New Prime Minister

    Guinea Aims To Emerge West Africa’s Gold Refining Hub

    Iran Shuts Strait Of Hormuz Again, Cites Israel’s Renewed Strikes On Lebanon

    Iran Cautions Ships Against Bypassing Approved Hormuz Route

    AfDB, OIF To Partner On Digital Skills Expansion In Africa

    AfDB, OIF To Partner On Digital Skills Expansion In Africa

    Oil Prices Crash To $72 Pre-War Level As Middle East Supply Stabilises

    Oil Prices Crash To $72 Pre-War Level As Middle East Supply Stabilises

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe Considers Exchange Of Minerals With China To Fund Infrastructure

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Zimbabwe: Mnangagwa Signs Law Extending His Tenure From 5 To 7 Years

    Zimbabwe: Mnangagwa Signs Law Extending His Tenure From 5 To 7 Years

    Senegal: President Faye Approves 10-Year Jail Term For Same-Sex Relations

    Senegal: President Faye Considers Forming New Political Party

    Senegal: Parliament Passes Bill To Reduce Presidential Power

    Senegal: Parliament Passes Bill To Reduce Presidential Power

    Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

    Tanzania Places Indefinite Ban On Political Rallies

    South Sudan To Hold First-Ever Election December

    South Sudan To Hold First-Ever Election December

    Keir Starmer Quits As UK Prime Minister  

    Keir Starmer Quits As UK Prime Minister  

    Trump Hints On Starmer’s Resignation As UK Prime Minister

    Trump Hints On Starmer’s Resignation As UK Prime Minister

    Zimbabwe Pays First Compensation To White Farmers Affected By Land Reforms

    Zimbabwe: Parliament Passes Bill To Extend Mnangagwa’s Tenure To 7 Years

    US Grants Green Card To Ghana’s Wanted Ex-Finance Minister Ofori-Atta

  • Economy
    Uganda: Central Bank To Implement Gold Purchase Policy This Month

    Tanzania: Central Bank Purchases Over $3bn Worth Of Gold To Bolster Reserve

    1.2 Million Undocumented Migrants Apply For Legal Status In Spain

    1.2 Million Undocumented Migrants Apply For Legal Status In Spain

    Kenya, Rwanda Sign Fuel Import Deal To Stabilize Supply

    Kenya, Rwanda Sign Fuel Import Deal To Stabilize Supply

    Guinea: PM Says “Debt Trap” Narrative Around Chinese Loans Untrue

    Guinea: PM Says “Debt Trap” Narrative Around Chinese Loans Untrue

    Guinea: President Doumbouya Appoints New Prime Minister

    Guinea Aims To Emerge West Africa’s Gold Refining Hub

    Iran Shuts Strait Of Hormuz Again, Cites Israel’s Renewed Strikes On Lebanon

    Iran Cautions Ships Against Bypassing Approved Hormuz Route

    AfDB, OIF To Partner On Digital Skills Expansion In Africa

    AfDB, OIF To Partner On Digital Skills Expansion In Africa

    Oil Prices Crash To $72 Pre-War Level As Middle East Supply Stabilises

    Oil Prices Crash To $72 Pre-War Level As Middle East Supply Stabilises

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe Considers Exchange Of Minerals With China To Fund Infrastructure

  • 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
Home Security

$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 0
0
Nigeria Drops to 149 On Corruption Perception Index, See Why
22
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

Nigeria: Fake Agency Within Presidency Under Investigation

Trump Calls Erdogan ‘Great Leader’, As NATO Summit Ends In Türkiye

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

Nigeria: Presidency Accuses Man Of Creating Fake Government Agency

Nigeria: Fake Agency Within Presidency Under Investigation

July 8, 2026
Trump Calls Erdogan ‘Great Leader’, As NATO Summit Ends In Türkiye

Trump Calls Erdogan ‘Great Leader’, As NATO Summit Ends In Türkiye

July 8, 2026

Tanzania: Central Bank Purchases Over $3bn Worth Of Gold To Bolster Reserve

Inside Ghana’s Drive To Stay Ahead Of The Next Pandemic

Uganda Bans Use Of “My Lord”, Bowing For Judges In Courts

Zimbabwe: Mnangagwa Signs Law Extending His Tenure From 5 To 7 Years

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
AfriHeritage Magazine 2026 AfriHeritage Magazine 2026 AfriHeritage Magazine 2026

Updates

  • Trending
  • Comments
  • Latest
US Marks 250th Anniversary As Trump Warns Against Attack On American Identity

US Marks 250th Anniversary As Trump Warns Against Attack On American Identity

July 4, 2026
Saudi Considers Launching English TV Channel As Al Jazeera’s Rival

Saudi Considers Launching English TV Channel As Al Jazeera’s Rival

May 10, 2023
Iheanacho Helps Leicester City Win First Community Shield Title In 50 years

Iheanacho Helps Leicester City Win First Community Shield Title In 50 years

August 7, 2021
NFF Reacts As Man Attacks Super Falcons Inside Train In Austria

NFF Reacts As Man Attacks Super Falcons Inside Train In Austria

July 21, 2021
Nigeria: Presidency Accuses Man Of Creating Fake Government Agency

Nigeria: Fake Agency Within Presidency Under Investigation

0
Trump Calls Erdogan ‘Great Leader’, As NATO Summit Ends In Türkiye

Trump Calls Erdogan ‘Great Leader’, As NATO Summit Ends In Türkiye

0
Uganda: Central Bank To Implement Gold Purchase Policy This Month

Tanzania: Central Bank Purchases Over $3bn Worth Of Gold To Bolster Reserve

0
Guinea Faces Setback To Becoming Ebola Virus-Free As New Case Resurfaces

Inside Ghana’s Drive To Stay Ahead Of The Next Pandemic

0
Nigeria: Presidency Accuses Man Of Creating Fake Government Agency

Nigeria: Fake Agency Within Presidency Under Investigation

July 8, 2026
Trump Calls Erdogan ‘Great Leader’, As NATO Summit Ends In Türkiye

Trump Calls Erdogan ‘Great Leader’, As NATO Summit Ends In Türkiye

July 8, 2026
Uganda: Central Bank To Implement Gold Purchase Policy This Month

Tanzania: Central Bank Purchases Over $3bn Worth Of Gold To Bolster Reserve

July 8, 2026
Guinea Faces Setback To Becoming Ebola Virus-Free As New Case Resurfaces

Inside Ghana’s Drive To Stay Ahead Of The Next Pandemic

July 8, 2026

Most Recent

Nigeria: Fake Agency Within Presidency Under Investigation

July 8, 2026

Trump Calls Erdogan ‘Great Leader’, As NATO Summit Ends In Türkiye

July 8, 2026

Tanzania: Central Bank Purchases Over $3bn Worth Of Gold To Bolster Reserve

July 8, 2026

Inside Ghana’s Drive To Stay Ahead Of The Next Pandemic

July 8, 2026

Uganda Bans Use Of “My Lord”, Bowing For Judges In Courts

July 8, 2026

Zimbabwe: Mnangagwa Signs Law Extending His Tenure From 5 To 7 Years

July 7, 2026

Ethiopia Approves Record $14.6bn Budget For 2026/27 Fiscal Year

July 7, 2026

Ex-UK Minister Downplays Reparations, Says Former Colonies Should Instead Pay Britain

July 7, 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.

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
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.