PDP, Presidency trade words over 'whereabouts' of $1 billion ECA Fund - Premium Times Nigeria

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PDP, Presidency trade words over ‘whereabouts’ of $1 billion ECA Fund

has tackled the presidency over what it termed the shocking revelations by the National Security Adviser , Babagana Mongunu, on the whereabouts of $1 billion excess crude account security fund.

In April 2018, a letter by the president to the National Assembly, said the U.S. government had given a payment deadline for the aircraft purchase, hence, the need for the hasty approval and payment. “The revelation by NSA further vindicates the PDP on our initial alarm that the All Progressives Congress -led administration is overtly corrupt, deceptive and unreliable in the handling the affairs of our nation.

“Our party had always alerted Nigerians that the APC administration was insincere in the handling of the ECA fund leading to our demand in 2017 for the National Assembly to investigate the handling of the $1billion.”

 

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