According to a statement released by the Ministry of Information in Abuja on Friday, 21 persons and companies fraudulently received N54.65b from the $2.1b arms procurement fund which scandal has been rocking the country since the beginning of the Buhari administration.
The statement said that the Minister of Information, Alhaji Lai Mohammed made the disclosure while speaking with online publishers in Lagos.
Emphasizing that corruption is the reason why government programs don't make the desired impact, Mohammed said that what 21 individuals and companies got from the arms deal was more than what the Federal Government budgeted for zonal intervention programmes across the country in 2015 by N2.83b.
His words:
“The simple reason is that appropriated funds have ended up in the pockets of a few.
“Whereas the sum of N51.83bn was appropriated for 1,278 projects in the Zonal Intervention Projects for 2015, a total of 21 individuals and companies benefited from the Dasukigate to the tune of N54.66bn as we know so far.
“The implication, therefore, is that the amount received by 21 individuals and companies is more than the 2015 Zonal Intervention Project budget by N2.83bn!
“Furthermore, the value of what beneficiaries of Dasukigate contributed to development is zero, compared to how the lives of Nigerians would have been transformed, poverty reduced and livelihoods improved by the Zonal Intervention Projects which would have cost N2.83bn less than Dasukigate.”
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