President Muhammadu Buhari did not spend the $1 billion Excess Crude Account (ECA) meant for security on the 2019 general elections as claimed by the Peoples Democratic Party (PDP), the Presidency said on Sunday.
In a statement issued by the Senior Special Assistant to the President on Media and Publicity Mr Garba Shehu, the Presidency said it was mischievous to say that the funds were diverted for the 2019 campaign activities of the All Progressives Congress (APC).
The statement said the PDP is under a socioemotional distress for believing that the present administration would govern on the basis of freewheeling looting as it did between 1999 and 2015.
The statement reads; “It’s on record that the Buhari administration paid about USD 490 million for a dozen Super Tucano fighter aircraft in a direct, government-to-government (no Contractors or Commission Agents) transaction with government of the United State.
“Various other military procurements have been made. Balance of expenditure stands at about USD 880 million or so.
“Barring considerations of national security, the details of the stage of implementation, the procurements made and the suppliers will be obtained and if your story can wait until tomorrow Monday, a work day, we can give you more or all of the details.
“The PDP spent Defence procurement funds on their failed 2015 political campaigns as proven in court. That is not to say every succeeding government, more so one led by a Buhari will do the same.”