Skip to main content

Fayemi funded Buhari’s campaign with stolen money, alleges Ekiti PDP


The Peoples Democratic Party (PDP) in Ekiti state has alleged that Kayode Fayemi, former governor of the state, donated N1.5 billion belonging to Ekiti to the campaign fund of President Muhammadu Buhari.

Jackson Adebayo, spokesman of the PDP in Ekiti, said Fayemi used the money to buy his position as a minister.

Fayemi is currently the minister of solid minerals.

Adebayo said the anti-corruption crusade of the federal government is one-sided, challenging Buhari to refund the money, which he said “will go a long way in cushioning the effects of the dwindling economic fortune of the state, especially payment of workers salary”.

“Equity and justice demand that Buhari should return what he got from Ekiti state treasury through Fayemi, if he is running after those who allegedly got money from the office of the national security adviser (ONSA),”  Adebayo said in a statement.

“Fayemi, who is now Buhari’s minister of solid minerals reportedly transferred N1.5 billion from his account in a bank located along Liberation Square, Accra, Ghana to the APC presidential campaign fund account in order to place him in a vantage position for ministerial appointment should Buhari win the February 14 Presidential election and true to his expectation, he was appointed minister.

“N1.5 billion is a lot of money and Ekiti state government will only need to add some millions to be able to pay one month salary if Buhari returns the money.”

Adebayo said Fayemi owed two months salaries when he left office, but that did not stop him from investing in the All Progressives Congress.

“The APC government of Fayemi left office with August and September 2014 salaries of workers unpaid but the same Fayemi could donate N1.5bn to Buhari’s campaign just because he wanted to be minister,” he said.

“Where then is the morality in Buhari’s anti-corruption posture when he was funded with stolen fund?

“The President must therefore return the N1.5 billion stolen from Ekiti State that was used to fund his election.

“President Buhari must first remove the logs in his eyes before his attempt to remove the toothpicks in other people’s eyes can be taken seriously and the first step he must take is to return the N1.5 billion he got from Fayemi to fund his election.”

Comments

Popular posts from this blog

FG borrows N3.38bn To Aid Potato Production in Plateau

The Federal Executive Council (FEC) wednesday approved N3.38 billion to boost the production of potatoes in Plateau State. The Minister of Finance, Mrs. Kemi Adeosun, who made the disclosure said the money would be borrowed from Agricultural Development Bank (ADB) with one per cent interest rate and 25 years moratorium. The minister who said the loan was not fresh, explained that it had previously been cancelled by the federal government with the intention to make a fresh request for the loan on behalf of Plateau State which she said was responsible for 95 per cent of potato production in the country. According to her, following ADB’s comprehensive programme on potato production in Plateau State, 100,000 families and 17 local government areas of Plateau State would benefit from the loan while 60,000 jobs would be created by the initiative. “My approval was on behalf of Plateau State to support the potato value chain. There is a loan that we had previously cancelled from ...

Much ado about the foreign reserves - Nonso Obikili

I have received a lot of questions about the Central Bank of Nigeria’s (CBN) foreign reserves recently. The CBN has of course been touting the reserves growing from a low of about $24bn to the approximately $42bn it is now. The questions typically centre around why we are keeping so much in reserve when the economy is struggling, and we have poor infrastructure? Why don’t we use the reserves to reduce the poverty that is rampant? The question typically betrays a little bit of misunderstanding over what the foreign reserves are and how the entire thing works. Hopefully, after reading this we will have a better understanding of what it is and what it can and can’t be used for. First, what is the “Foreign Reserves?” It is the amount of foreign exchange that the central bank has at its disposal at any point in time. Some of this is in cash and some in other liquid assets, that is assets that can quickly be turned to cash. Some of this is in US dollars but sometimes it’s in other c...

The story of how Nigeria’s census figures became weaponized - Feyi Fawehinmi

By Feyi Fawehinmi The story of Nigeria’s 1962 census never gets old. Southern politicians seeking to end the north’s dominance of Nigerian politics decided that the only way to do it was through the census. Population figures at the time determined not only parliamentary representation but also revenue allocation and employee distribution in the civil service. In May 1962, the first census under an independent Nigerian government began. There had been a frenzy of mobilization by politicians in the south of the country using pamphlets, radio, schools, churches and mosques. Although the final results were not made public, the preliminary results were quite clear as to what had happened: the north’s population had gone up from 16.5 million in the last census in 1952 to 22.5 million, an increase of 30%. But in some parts of the east, the population had increased by up to 200% and more than 70% in general. The west also reported an increase of 70%. What the preliminary results showed...