The ministers have been identified as Mohammed Wakil, a former Minister of Power and Alhaji Abdu Bulama, a former Minister of Science and Technology, according to Sahara Reporters.

The duo were reportedly arrested on Monday, June 6, 2016.

“Former Minister of Finance Nenadi Usman called and informed me to go and collect money in Fidelity Bank. A five-man committee was set up to coordinates the campaign activities in Yobe State, and we received N450m,” Bulama reportedly confessed to the EFCC.

“The money was disbursed based on a template we received from Abuja and we shared it among the three senatorial zones in the state," he added.

Wakil is also said to have confirmed that he received N450m.

“I received a call from Nenadi Usman, former Minister of Finance, that N450m was sent to Fidelity Bank and a template for how the disbursement of the funds will be conducted,” he said.

Bulama was the campaign coordinator for the Peoples Democratic Party (PDP) in Yobe while Wakil was in charge of Borno.