Scannews24
Nigeria News Hub

EXPOSED: Buhari Secretly Approved N1.1b, Purchased Vehicles For Niger Republic Gov’t

0 1,427

An expository report by an investigative journalist, David Hundeyin (@DavidHundeyin) has it that Nigeria’s President, Mohammadu Buhari approved one billion, one-hundred and forty-five million Naira (N1,145,000,000) without the consent of appropriate bodies.

The fund which process of approval remains sketchy and secretive, according to surfaced document was meant to purchase official vehicles for the government of the Niger Republic.

This is coming moment the country is facing monetary challenges and resorting to borrowing funds from financial institutions both in and outside Africa.

Hence, the Minister of Labour and Productivity, Chris Ngigi revealed during one of his addresses to the striking Academic Staff Union of Universities (ASUU) weeks ago that Nigeria is undergoing a Financial crisis for the result could not meet the demands.

EDITOR'S PICK
1 of 945

Sharing on his Twitter handle earlier on Tuesday, 2 August 2022, Hundeyin said: “I’ve got hold of a budget office document showing @MBuhari approving N1.4 billion to buy vehicles for the government of Niger Republic.

A closer observation of the received paper uncovered Buhari had on the 2nd January of this year ordered the office of the accountant general to release the money to KAURA MOTORS NIG. LIMITED for the supply of ten Toyota vehicles and handed to the Nigerian President.

The content read: BEING RELEASE OF FUND IN THE SUM OF N1,145,000,000.00 TO THE OFFICE OF THE ACCOUNTANT GENERAL OF THE FEDERATION IFO KAURA MOTORS NIG. LIMITED FOR SUPPLY OF TEN (10) NUMBERS TOYOTA LAND CRUISER V8 VEHICLES TO REPUBLIC OF NIGER VIDE MR. PRESIDENT APPROVAL ON PAGE 83 DATED 28/02/2022 AND THE HMFBNP’S DIRECTIVE ON FILE NO: FMF/CMD/FINANCE/0001/V/TIII/AT PAGE 84 DATED 22/07/2022 WITH THE FOLLOWING BANK DETAILS: ACCOUNT NAME: FIDELITY BANK PLC; ACCOUNT NAME: KAURA MOTORS NIGERIA LIMITED; ACCOUNT NUMBER: 401 0638472; TIN NO; 004037210001; SORT CODE: 0701 10409; BRANCH: AL! AKILU ROAD KADUNA.

Furthermore, more investigation disclosed the directors and owners of the car company are members of the National Assembly and other key members of the Buhari-led administration.

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More