$2.1b Arms Procurement: Jonathan Finally Speaks

By Babatope Adagba

Immediate-past President Goodluck Jonathan, yesterday, debunked allegations that his administration awarded contract for arms procurement to the tune of $2 billion.

Jonathan, who spoke in Washington DC, on “Presidential elections and democratic consolidation in Africa: Case studies on Nigeria and Tanzania,” a conversational forum, co-hosted by the National Democratic Institute (NDI) and the Center for Strategic and International Studies (CSIS), stated categorically that “I did not award any $2 billion contract for procurement of weapons.”

Jonathan queried, “Where did the money come from? “I did not award a contract of $2billion for procurement of weapons,”.

Recall that on Tuesday, a presidential investigations committee into arms procurement under the administration of ex-President Jonathan revealed in its interim report that it found extra-budgetary spending by the Jonathan administration to the tune of N643.8 billion and an additional $2.2 billion in the foreign currency component, all managed and supervised by ex-National Security Adviser, Col. Sambo Dasuki (retd).


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