TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Buhari orders arrest of Dasuki, others over $2.9b arms deal

The Citizen by The Citizen
November 18 2015
in Governance, Headlines, Uncategorized
A A
0

President Muhammadu Buhari on Tuesday night ordered the arrest and prosecution of former National Security Adviser (NSA), Col. Sambo Dasuki (rtd) and some top military personnel over their involvement in arms purchase scandal.

The development was sequel to the release of the interim report by the presidential committee investigating arms procurement. It would be recalled that President Buhari on August 31, 2015 set up the 13-man committee to audit the procurement of arms and equipment in the Armed Forces and Defence sector from 2007 to date.

A statement signed by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, stated that the Dasuki expended $2,193,815,000.83 which is equal to N643,817,955,885.18.

The figure excluded grants received by the police and the Department of State Security Services (SSS) from the state governments. The statement read: “As part of the findings, the committee has analyzed interventions from some organisations that provided funds to the Office of the National Security Adviser, Defence Headquarters, Army Headquarters, Naval Headquarters and Nigerian Air Force Headquarters, both in local and foreign currencies.

“So far the total extra budgetary interventions articulated by the committee is Six Hundred and Forty Three Billion, Eight Hundred and Seventeen Million, Nine Hundred and Fifty Thousand, Eight Hundred and Eighty Five Hundred Naira and Eighteen Kobo (N643,817,955,885.18). “The foreign currency component is to the tune of Two Billion, One Hundred and Ninety Three Million, Eight Hundred and Fifteen Thousand US Dollars and Eighty Three Cents ($2,193,815,000.83).

“These amounts exclude grants from the State Governments and funds collected by the DSS and Police. It was observed that in spite of this huge financial intervention, very little was expended to support defense procurement.

“The committee also observed that of 513 contracts awarded at $8,356,525,184.32; N2,189,265,724,404.55 and 54,000.00 Euros; Fifty Three (53) were failed contracts amounting to $2,378,939,066.27 and N13,729,342,329.87 respectively. “Interestingly, it was noted that the amount of foreign currency spent on failed contracts was more than double the $1bn loan that the National Assembly approved for borrowing to fight the insurgency in the North East.

“The committee also discovered that payments to the tune of Three Billion, Eight Hundred and Fifty Million Naira (N3,850,000,000.00) were made to a single company by the former NSA without documented evidence of contractual agreements or fulfillment of tax obligations to the FGN.

“Further findings revealed that between March 2012 and March 2015, the erstwhile NSA, Lt Col MS Dasuki (rtd) awarded fictitious and phantom contracts to the tune of N2,219,188,609.50, $1,671,742,613.58 and 9,905,477.00 Euros. The contracts which were said to be for the purchase of 4 Alpha Jets, 12 helicopters, bombs and ammunition were not executed and the equipment were never supplied to the Nigerian Air Force, neither are they in its inventory.

“Even more disturbing was the discovery that out of these figures, 2 companies, were awarded contracts to the tune of N350,000,000.00, $1,661,670,469.71 and 9,905,477.00 Euros alone. This was without prejudice to the consistent non-performance of the companies in the previous contracts awarded.”

Adesina in the statement added that the former NSA also directed the Central Bank of Nigeria to transfer a certain amount to accounts domiciled in the United kingdoms and the United States.

“Additionally, it was discovered that the former NSA directed the Central Bank of Nigeria to transfer the sum of $132,050,486.97 and 9,905,473.55 Euros to the accounts of Societe D’equipmente Internationaux in West Africa, United Kingdom and United States of America for un-ascertained purposes, without any contract documents to explain the transactions.

“The findings made so far are extremely worrying considering that the interventions were granted within the same period that our troops fighting the insurgency in the North East were in desperate need of platforms, military equipment and ammunition. Had the funds siphoned to these non performing companies been properly used for the purpose they were meant for, thousands of needless Nigerian deaths would have been avoided.

“Furthermore, the ridicule Nigeria has faced in the international community would have been avoided. It is worrisome and disappointing that those entrusted with the security of this great nation were busy using proxies to siphon the national treasury, while innocent lives were wasted daily. “In light of these findings, President Muhammadu Buhari has directed that the relevant organisations arrest and bring to book, all individuals who have been found complicit in these illegal and fraudulent acts”, the statement added. –

Previous Post

No amount of blackmail will stop N25bn TSA probe – Saraki

Next Post

Ekweremadu escapes assassination attempt in Abuja

Related Posts

Tinubu, Shettima’s absence: I’m not Acting President, says Akpabio
Headlines

Senate President rejects move to decriminalise attempted suicide

October 13 2026
Tinubu approves licences for 11 private universities
Governance

Tinubu transmits NDLEA, NSIB amendment bills to Senate

October 13 2026
Umahi defends Ondo Coastal Highway diversion
Governance

Umahi defends Ondo Coastal Highway diversion

October 12 2026
2027: Shettima holds closed-door meeting with Bello, Badaru, other ex-governors
Governance

2027: Shettima holds closed-door meeting with Bello, Badaru, other ex-governors

October 12 2026
Court strikes out charge against alleged ‘fake’ PFIPC DG Adeyemi
Headlines

Court strikes out charge against alleged ‘fake’ PFIPC DG Adeyemi

October 12 2026
BREAKING: Labour begins nationwide strike Monday over new minimum wage
Headlines

NLC draws battle line with FG, gives 14-day ultimatum on petrol, wages

October 9 2026
Next Post

Ekweremadu escapes assassination attempt in Abuja

Boko Haram: Bomb blast kills 32 in Yola‎

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

ODDITIES

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

US engineer caught on camera poisoning colleague’s water bottle

US engineer caught on camera poisoning colleague’s water bottle

by The Editor
October 12 2026
0

Newly-wed pastor steps back from ministry after apologising over past affairs

Newly-wed pastor steps back from ministry after apologising over past affairs

by The Editor
October 6 2026
0

GLOBAL NEWS

Nigeria: Pope Leo XIV urges release of abductees from terrorists’ den

Pope Leo’s lung surgery successful — Vatican

by The Editor
October 13 2026
0

...

Child Soldiers: US threatens to cut military aid to Nigeria

Child Soldiers: US threatens to cut military aid to Nigeria

by The Editor
October 13 2026
0

...

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

by The Editor
October 13 2026
0

...

US releases fresh names, photos of 24 Nigerians on deportation list

US releases fresh names, photos of 24 Nigerians on deportation list

by The Editor
October 12 2026
0

...

US to livestream Fort Hood shooter’s execution

US to livestream Fort Hood shooter’s execution

by The Editor
October 9 2026
0

...

State of the States

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Kano, Sokoto, others spend N53.2bn on scholarships abroad

Kano, Borno spreading tyranny – Punch

October 13 2026
APC kicks as Atiku tags Tinubu’s economic policy prescriptions shambolic

Certificate suit: Court rules on Atiku’s bid to amend suit against Tinubu Nov 20

October 13 2026
Tinubu, Shettima’s absence: I’m not Acting President, says Akpabio

Senate President rejects move to decriminalise attempted suicide

October 13 2026
Tinubu approves licences for 11 private universities

Tinubu transmits NDLEA, NSIB amendment bills to Senate

October 13 2026

EDITORIAL REVIEW

Kano, Sokoto, others spend N53.2bn on scholarships abroad

Kano, Borno spreading tyranny – Punch

by The Editor
October 13 2026
0

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

US Congress okays bill to cut foreign aid to Nigeria

Nigeria’s revolving-door budgeting – Punch

by The Editor
October 12 2026
0

Police, Oyo LG deny release of kidnap victims after Igboho’s ultimatum

Tinubu’s extended absence – Punch

by The Editor
October 8 2026
0

FG secures $747m loan for Lagos-Calabar Highway

Disorder on Lagos-Calabar Highway – Punch

by The Editor
October 7 2026
0

Opinion

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.