The Presidency has reacted to a news report claiming that arms procurement funds meant to tackle insecurity had been mismanaged under the former service chiefs just retired.
Babagana Monguno, national security adviser, had in an interview with BBC Hausa, stated that the newly appointed service chiefs had no funds on ground to run with from the funds for arms purchase when they assumed office in January.
But his office, in a statement on Friday, said the NSA was misinterpreted as he did not categorically say that “funds meant for arms procurement were missing under the former Service Chiefs as reported or transcribed by some media outlets from the BBC interview”.
Commenting on the issue when he featured on Politics Today on Channels Television, Shehu maintained that no part of the money earmarked for the procurement of military equipment is missing.
According to the armed forces had made a lot of purchases, but the army has been having a bit of a problem with procurement which has been “coming in bits and in pieces”.
“I imagine you are talking about the $1 billion taken from the excess crude account with the consent from state governors and was used for military procurements. I want to assure you that nothing of that money is missing. The reference by it in the interview of the BBC in Hausa service by the national security adviser, I think, has been misconstrued and mistranslated,” Shehu said.
“The NSA made two critical points. One is that we don’t have enough which is a statement of fact, and two, procurements made have not been fully delivered.
I have heard the interview on radio and I think, reasonably, I have a good understanding of it. At no point did the NSA say that money appropriated and there are no arms to be seen. They have not been delivered; yes, that is correct, but the thing is that they are things you buy on order, not off the shelf.
“The minister of finance is in the position to give you all of the details and I hope in the coming days, he should be able to render a full detail. I think people are just being political. They want to draw a moral equivalence between the PDP and APC administration. Well, they are not the same. Things like this cannot happen under the Buhari administration.”