• 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
Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

11 hours ago
Sudan: Army Takes Over Kadugli City Previously Occupied By RSF

Sudan: Army Takes Over Kadugli City Previously Occupied By RSF

14 hours ago
Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

16 hours ago
Like France, Spain Moves To Ban Social Media For Children Under 16

Like France, Spain Moves To Ban Social Media For Children Under 16

16 hours ago
Trump Marks 100 Days In Office As Support Dwindles

Trump Administration Dragged To Court Over Visa Freeze Targeting Nigeria

17 hours ago
Wednesday, February 4, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    UK Expels Russian Diplomat In Retaliatory Spying Allegation

    UK Expels Russian Diplomat In Retaliatory Spying Allegation

    Guinea-Bissau: Prominent Opposition Figure Released From Jail

    Guinea-Bissau: Prominent Opposition Figure Released From Jail

    Burkina Faso: Military Government Dissolves Political Parties

    Burkina Faso: Military Government Dissolves Political Parties

    Somalia: Parliament In Rowdy Session Over Attempt To Extend Legislators’ Tenure

    Somalia: Parliament In Rowdy Session Over Attempt To Extend Legislators’ Tenure

    France Moves To Normalise Diplomatic Ties, Invites Chadian President

    France Moves To Normalise Diplomatic Ties, Invites Chadian President

    Guinea: President Doumbouya Appoints New Prime Minister

    Guinea: President Doumbouya Appoints New Prime Minister

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Uganda: Defence Chief Threatens To Behead Opposition Leader

    Uganda: Military Chief Confesses To Killing Of 30 Opposition Supporters

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

  • Economy
    Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

    Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

    DRC, UAE Sign Economic Partnership Agreements

    DRC, UAE Sign Economic Partnership Agreements

    UK To Invest $400m In Ethiopia’s Power Sector

    UK To Invest $400m In Ethiopia’s Power Sector

    South Africa Circles Back To Shale Gas As Power Crisis Drags

    Mozambique Restarts $20bn LNG Project Five Years After Deadly Insurgent Attack

    Venezuela: 80 Political Prisoners Freed

    Venezuela: US Begins Unfreezing Sanctioned Funds

    African Nations Now Spend More Repaying Chinese Loans Than Securing New Ones — Report

    African Nations Now Spend More Repaying Chinese Loans Than Securing New Ones — Report

    Egypt To Export 3.2bn Cubic Feet Of Gas To European Markets

    Egypt To Export 3.2bn Cubic Feet Of Gas To European Markets

    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Gabon February Despite No Loan Request

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    UK Expels Russian Diplomat In Retaliatory Spying Allegation

    UK Expels Russian Diplomat In Retaliatory Spying Allegation

    Guinea-Bissau: Prominent Opposition Figure Released From Jail

    Guinea-Bissau: Prominent Opposition Figure Released From Jail

    Burkina Faso: Military Government Dissolves Political Parties

    Burkina Faso: Military Government Dissolves Political Parties

    Somalia: Parliament In Rowdy Session Over Attempt To Extend Legislators’ Tenure

    Somalia: Parliament In Rowdy Session Over Attempt To Extend Legislators’ Tenure

    France Moves To Normalise Diplomatic Ties, Invites Chadian President

    France Moves To Normalise Diplomatic Ties, Invites Chadian President

    Guinea: President Doumbouya Appoints New Prime Minister

    Guinea: President Doumbouya Appoints New Prime Minister

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Uganda: Defence Chief Threatens To Behead Opposition Leader

    Uganda: Military Chief Confesses To Killing Of 30 Opposition Supporters

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

  • Economy
    Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

    Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

    DRC, UAE Sign Economic Partnership Agreements

    DRC, UAE Sign Economic Partnership Agreements

    UK To Invest $400m In Ethiopia’s Power Sector

    UK To Invest $400m In Ethiopia’s Power Sector

    South Africa Circles Back To Shale Gas As Power Crisis Drags

    Mozambique Restarts $20bn LNG Project Five Years After Deadly Insurgent Attack

    Venezuela: 80 Political Prisoners Freed

    Venezuela: US Begins Unfreezing Sanctioned Funds

    African Nations Now Spend More Repaying Chinese Loans Than Securing New Ones — Report

    African Nations Now Spend More Repaying Chinese Loans Than Securing New Ones — Report

    Egypt To Export 3.2bn Cubic Feet Of Gas To European Markets

    Egypt To Export 3.2bn Cubic Feet Of Gas To European Markets

    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Gabon February Despite No Loan Request

  • 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

Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

Sudan: Army Takes Over Kadugli City Previously Occupied By RSF

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

Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

February 3, 2026
Sudan: Army Takes Over Kadugli City Previously Occupied By RSF

Sudan: Army Takes Over Kadugli City Previously Occupied By RSF

February 3, 2026

Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

Like France, Spain Moves To Ban Social Media For Children Under 16

Trump Administration Dragged To Court Over Visa Freeze Targeting Nigeria

DRC, UAE Sign Economic Partnership Agreements

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
AH 2026 AH 2026 AH 2026

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

February 3, 2026
Sudan: Army Takes Over Kadugli City Previously Occupied By RSF

Sudan: Army Takes Over Kadugli City Previously Occupied By RSF

February 3, 2026
Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

February 3, 2026
Like France, Spain Moves To Ban Social Media For Children Under 16

Like France, Spain Moves To Ban Social Media For Children Under 16

February 3, 2026
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Son Of Former Libyan Leader Muammar Gaddafi Has Been Killed

February 3, 2026

Sudan: Army Takes Over Kadugli City Previously Occupied By RSF

February 3, 2026

Somaliland To Offer Israel Access To Valuable Minerals In Exchange For Trade Deal

February 3, 2026

Like France, Spain Moves To Ban Social Media For Children Under 16

February 3, 2026

Trump Administration Dragged To Court Over Visa Freeze Targeting Nigeria

February 3, 2026

DRC, UAE Sign Economic Partnership Agreements

February 3, 2026

South Africa Restores Power At Nigerian High Commission After Debt Settlement

February 3, 2026

Ghana Suspends Citizenship Applications For People Of African Descent

February 3, 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