Connect with us

Hi, what are you looking for?

News

TraderMoni: Buhari is Relooting Abacha Loots — Fayose

A former governor of Ekiti State, Mr. Ayodele Fayose has described the Federal Government TraderMoni scheme as not only an avenue for advanced votes buying but direct “re-looting of the Abacha loots.”

Fayose questioned the rationale in Vice President, Prof. Yemi Osinbajo leaving Abuja and spending about N25 million on maintenance of presidential jet as well as allowances for himself, aides, protocols, security and others just to share say N10 million.

He said if the Federal Government was sincere about TraderMoni, the fund should have been paid into bank accounts of beneficiaries so that the disbursement can be traced and properly audited, adding that “When I was governor, more than 20,000 people got N5,000 monthly stipend and the money was paid into their bank accounts.”

According to a statement issued on Monday by his Media Aide, Lere Olayinka, the former governor, who is also the Southwest Coordinator of the Peoples Democratic Party (PDP) Presidential Campaign Council said Nigerians had already seen through the deceit of the All Progressives Congress (APC) led federal government and will respond appropriately with their votes in 2019.

The ex-governor said it was even funny that the same President Muhammadu Buhari who insisted that the late Gen. Sani Abacha never stole was the one taking pride in his government use of a phony TraderMoni scheme to reloot the $322 million recovered from the loot Abacha stashed in Switzerland.

Fayose said: “If not that TraderMoni was to reloot the recovered Abacha loot, the proper way was for beneficiaries to be captured biometrically and the N10,000 paid into their bank accounts instead of the Vice President going to the market to share cash.

“Most importantly, there is nowhere that the Vice President will travel to outside Abuja that he won’t spend up to N25 million on his allowances, maintenance of presidential jet and the allowances of his retinue of aides, including security men.

“Therefore, of what economic sense is going to say Kano to share the N10,000 cash to 1,000 people? Isn’t spending N25 million to share N10 million same as being penny wise pound foolish?”

Fayose also urged Nigerians to ask the government what became of the funds taken from Excess Crude Account to fund the Boko Haram war.

 

 

_________

Follow us on Twitter at @thesignalng

Copyright 2019 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Related

News

Nigerians are still bearing the effects of the policies of ex-President Muhammadu Buhari, Adams Oshiomhole, senator representing Edo North Senatorial District, has said. Some...

News

Muhammadu Buhari, has said that he deliberately refused to release his West African Senior School Certificate (WASC) in 2015 when he took over power...

News

Femi Adesina, former spokesman to former President Muhammadu Buhari has revealed that the president’s plane nearly crashed with him and his aides in November...

News

Former President Muhammadu Buhari has said that he was happy when incumbent President Bola Tinubu jetted up the petrol pump price on May 29,...

Copyright ©