Skip to content
July 30, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Arewa Youths to Buhari: Probe NSA’s allegation of misappropriated arms fund
  • National News

Arewa Youths to Buhari: Probe NSA’s allegation of misappropriated arms fund

Admin March 14, 2021
buhari

President Buhari

The allegation by the National Security Adviser, Maj. Gen. Babagana Monguno (rtd), that the ex-service chiefs squandered money meant for the purchase of arms to fight terrorists has continued to generate heated debate.

Misappropriated arms fund
President Buhari

The Chairman, Board of Trustees, Coalition of Arewa Youths, Nastura Ashir Shariff has added his voice by calling  on President Muhammadu Buhari to investigate the whereabouts of the security funds released to the immediate past military service chiefs to fight insecurity in the country.

In a BBC Hausa Service interview, Monguno had alleged that the new Service Chiefs had confirmed that they could not find anything on the ground with regards to the arms purchased for the war against insecurity.

It would be recalled that the Buhari government released $1 billion to help in the fight against insurgency.

Speaking in Kano with Sunday Sun, the Chairman BOT of Arewa Youths expressed shock at the frank but disturbing disclosure, saying that it was hard to believe that Nigeria had no weapons on ground for the war despite having released the sum of $1billion about three years ago to the ex- Security Chiefs to conduct the battle.

“For the past six years, they have been saying that they have procured weapons, yet they had nothing on the ground,” he observed while noting that the administration had adopted a cosmetic approach to execute the war.

Sharriff expressed concern over the handling of the ex-Service Chiefs upon their retirement, saying: “Look at it this way. Because they want them not to be investigated, they quickly rewarded them with ambassadorial appointments so as to give them immunity from any form of probe.”

Monguno had said in the interview: “It is not reluctance in handling the bandits, the President of the Federal Republic has done his utmost best by releasing huge funds for procurement of arms but they were not purchased. We couldn’t see anything on ground. Now the President has brought in new hands who may have a different approach. I am not saying the former Service Chiefs embezzled the arms money, but it is a fact that money budgeted for that purpose has been misappropriated and no one can account for it.

“The President will surely investigate it. As I am talking to you, even the governors in their (Governors’) Forum have started complaining that billions of dollars have been allocated for security yet nothing on the ground. I can assure you that the President will not take this lightly.

Probed further to confirm if the arms money was embezzled by the former service chiefs, Monguno said, “I can’t say for now since it is subject to investigations which will reveal the facts of the matter, but it is certain that the money has been misappropriated and they cannot be accounted for and the new service chiefs have confirmed that they haven’t seen anything on ground to justify the allocated funds. Nothing is on the ground as I am speaking to you now.”

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Arms Fund Coalition of Arewa Youths Investigate Maj. Gen. Babagana Monguno (rtd) Muhammadu Buhari Nastura Ashir Shariff

Post navigation

Previous LASBCA, LASPPPA PULL DOWN STRUCTURES ALONG POWER LINE IN IDIMU
Next Gunmen assassinate retired DIG’s wife in her home

Related Stories

JAC ratifies Oborevwori’s Grade Level 17 career progression for Delta primary school teachers
  • National News

JAC ratifies Oborevwori’s Grade Level 17 career progression for Delta primary school teachers

July 30, 2026
Police arrests Osun SSG, 5 others over alleged vote buying Police
  • National News

Police arrests Osun SSG, 5 others over alleged vote buying

July 29, 2026
DSS arraigns man for allegedly raising funds for ISWAP, Boko Haram
  • National News

DSS arraigns man for allegedly raising funds for ISWAP, Boko Haram

July 29, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

The ‘agbo’ trap: How herbal concoctions scar your liver, by Abujah Racheal 
  • Features

The ‘agbo’ trap: How herbal concoctions scar your liver, by Abujah Racheal 

July 30, 2026
Recapitalised banks and access to credit, by Arize Nwobu
  • Business & Economy

Recapitalised banks and access to credit, by Arize Nwobu

July 30, 2026
JAC ratifies Oborevwori’s Grade Level 17 career progression for Delta primary school teachers
  • National News

JAC ratifies Oborevwori’s Grade Level 17 career progression for Delta primary school teachers

July 30, 2026
Osun Polls: 86 Accord Party members arrested, detained in Keffi, Kuje prisons – Adeleke Campaign Council, CP says he’s not aware
  • Politics

Osun Polls: 86 Accord Party members arrested, detained in Keffi, Kuje prisons – Adeleke Campaign Council, CP says he’s not aware

July 30, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.