Fresh $2.5bn Arms Scandal: Buhari Presidency, APC stink

March 18, 2021

Press Statement

The Peoples Democratic Party (PDP) says the revelation of another $2.5bn 
arms purchase scandal in which officials of the Buhari-led All 
Progressives Congress (APC) administration were named is another ugly 
testament of the stench of corruption oozing out from the Buhari 
Presidency and the APC, as a party.

The party alerts that with this fresh $2.5 billion arms scandal, 
reportedly involving the National Security Adviser (NSA) Gen. Babagana 
Monguno, who had earlier revealed that $1 billion also for arms cannot 
be traced, an alarming $3.5 billion (N1.3 trillion) meant for purchase 
of weapons to secure our country under the Buhari administration has 
been looted.

The PDP stressed that the exposed barefaced contract scam in the $2.5 
billion scandal as well as the outright disappearance of the $1billion 
as earlier revealed by the NSA, show the level of corruption and 
unscrupulousness among APC leaders and their agents, who are stealing 
funds meant for arms while our citizens are daily marauded, pillaged and 
murdered by terrorists, bandits and kidnappers.

In fact, the unending exposure of sleaze in the security architecture of 
the Buhari-led administration has further heightened apprehensions in 
the public space that the security situation has been turned into a huge 
racket for corrupt enrichment of sneaky APC leaders and the cabal in the 
Buhari Presidency.

It is more distressing that instead of standing on the side of the 
people to demand for a clean-up of the system and recovery of the stolen 
funds, the APC, as a party, is rather desperate to justify acts of 
corruption, because its leaders and officials of its government are 

Out party demands that the Buhari Presidency should come clean and offer 
explanations on both the $2.5 billion and $1 billion.

Furthermore, the PDP restates its call to the National Assembly to 
conduct a joint open inquest into the funds and other monies drawn 
purportedly for the security of our nation under President Muhammadu 
Buhari’s watch.


Kola Ologbondiyan
National Publicity Secretary

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