I Am Ready For You - Obasanjo Tells Buhari To Come and Probe Him For $16BN Power Project

Date: 22-05-2018 10:59 pm (5 years ago) | Author: Daniel Bosai
[1] 2
- at 22-05-2018 10:59 PM (5 years ago)
Online (m)

Nigeria’s former President, Olusegun Obasanjo has replied President Muhammadu Buhari’s comment that he waste $16 billion on a failed power project, saying the president is merely being ignorant of the facts.

The former president said the action of Buhari was based on ignorance, as he was relying on the unsubstantiated allegations against him by the then leadership of House of Representatives over the project.

Obasanjo, who spoke through his media aide Kehinde Akinyemi , said lack of proper understanding made the President to make such comment.

“It has come to the attention of Chief Olusegun Obasanjo that a statement credited to President Muhammadu Buhari, apparently without correct information and based on ignorance, suggested that $16 billion was wasted on power projects by “a former President”.

“We believe that the President was re-echoing the unsubstantiated allegation against Chief Obasanjo by his own predecessor but one, while it is doubtful that a President with proper understanding of the issue would utter such, it should be pointed out that records from the National Assembly had exculpated President Obasanjo of any wrong-doing concerning the power sector and has proved the allegations as false.

“For the records, Chief Obasanjo has addressed the issues of the power sector and the allegations against him on many occasions and platforms, including in his widely publicised book, ‘My Watch’ in which he exhaustively stated the facts and reproduced various reports by both the Economic and Financial Crimes Commission (EFCC), which conducted a clinical investigation into the allegations against Chief Obasanjo, and the Ad-Hoc Committee on the Review of the Recommendations in the Report of the Committee on Power on the Investigation into how the Huge Sums Of Money was Spent on Power Generation, Transmission And Distribution between June 1999 and May 2007 without Commensurate Result.

“We recommend that the President and his co-travellers should read Chapters 41, 42, 43 and 47 of My Watch for Chief Obasanjo’s insights and perspectives on the power sector and indeed what transpired when the allegation of $16 billion on power projects was previously made. If he cannot read the three-volume book, he should detail his aides to do so and summarise the chapters in a language that he will easily understand,” he said.

According to Akinyemi, “In the same statement credited to the President, it was alleged that there was some bragging by Chief Obasanjo over $16 billion spent on power. To inform the uninformed, the so-called $16 billion power expenditure was an allegation against Chief Obasanjo’s administration and not his claim. The President also queried where the power generated is. The answer is simple: The power is in the seven National Integrated Power Projects and eighteen gas turbines that Chief Obasanjo’s successor who originally made the allegation of $16 billion did not clear from the ports for over a year and the civil works done on the sites.

He said Obasanjo challenged and encouraged anybody to set up another enquiry if in doubt and unsatisfied with the EFCC’s report and that of the Hon. Aminu Tambuwal-led ad-hoc committee, Vanguard reports.


Posted: at 22-05-2018 10:59 PM (5 years ago) | Addicted Hero
- fineboy77 at 22-05-2018 11:22 PM (5 years ago)
Online (m)
these thieves get mind dey throw their robbery for our faces,but trust the Nigerian public to do nothing

Posted: at 22-05-2018 11:22 PM (5 years ago) | Addicted Hero
Reply
- Patode at 23-05-2018 12:43 AM (5 years ago)
(m)
OBJ should not think that Nigerians have forgotten that all the money he spent on electricity came to nothing. We need to start questioning these people. Journalists should go and check out OBJ's power projects, and see how many of them actually came on stream. WE THE PEOPLE NEED TO KNOW.
Posted: at 23-05-2018 12:43 AM (5 years ago) | Upcoming
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- james987 at 23-05-2018 01:44 AM (5 years ago)
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Make buhari no dey try decieve us,he must be probed!!! He was the first thief wey steal 6billion dollars when dollar was equivalent to British pounds.. Convert that money to today's​ money. How many trillions has he borrowed since 2015 till date? Obsanjo brought gsm to nigeria, brought computers. What has buhari done? Fighting obsanjo in the political arena is like hitting your head on the wall. Obsanjo fought his party members that were corrupt few went to jail. I mean his own party members. Who in APC has buhari probed?
Posted: at 23-05-2018 01:44 AM (5 years ago) | Hero
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- zumata at 23-05-2018 02:06 AM (5 years ago)
(f)
It annoyed me whenever Buhari claims to be saint,Buhari a big criminal which everybody have seen in this administration but baba Obj is the biggest criminal.
Well, i don't blame both of them because we have been over shadowed with tribal and religious sentiment that the reason all this old men are still doing whatever they want in this nation and get away with it.
Posted: at 23-05-2018 02:06 AM (5 years ago) | Upcoming
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- qwerty123 at 23-05-2018 05:19 AM (5 years ago)
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ыоово
Posted: at 23-05-2018 05:19 AM (5 years ago) | Upcoming
Reply
- qwerty123 at 23-05-2018 05:22 AM (5 years ago)
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666р
Posted: at 23-05-2018 05:22 AM (5 years ago) | Upcoming
Reply
- qwerty123 at 23-05-2018 05:25 AM (5 years ago)
(m)
6нрр
Posted: at 23-05-2018 05:25 AM (5 years ago) | Upcoming
Reply
- qwerty123 at 23-05-2018 06:01 AM (5 years ago)
(m)
го
Posted: at 23-05-2018 06:01 AM (5 years ago) | Upcoming
Reply
- qwerty123 at 23-05-2018 06:04 AM (5 years ago)
(m)
67
Posted: at 23-05-2018 06:04 AM (5 years ago) | Upcoming
Reply
- qwerty123 at 23-05-2018 06:06 AM (5 years ago)
(m)
пиеиие
Posted: at 23-05-2018 06:06 AM (5 years ago) | Upcoming
Reply
- chosenone at 23-05-2018 06:22 AM (5 years ago)
(f)
qwerty123: day one
Posted: at 23-05-2018 06:22 AM (5 years ago) | Newbie
Reply
- chosenone at 23-05-2018 06:23 AM (5 years ago)
(f)
chosenone: should I
Posted: at 23-05-2018 06:23 AM (5 years ago) | Newbie
Reply
- kacylee at 23-05-2018 06:43 AM (5 years ago)
(f)
its so shocking how these two quickly became bitter sweet enemies

Posted: at 23-05-2018 06:43 AM (5 years ago) | Addicted Hero
Reply
- kp45 at 23-05-2018 06:50 AM (5 years ago)
(m)
Ok
Posted: at 23-05-2018 06:50 AM (5 years ago) | Addicted Hero
Reply
- chukkychukky at 23-05-2018 07:02 AM (5 years ago)
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buhari is a thief obasanjo is a criminal

Posted: at 23-05-2018 07:02 AM (5 years ago) | Gistmaniac
Reply
- chosenone at 23-05-2018 07:38 AM (5 years ago)
(f)
chukkychukky: good
Posted: at 23-05-2018 07:38 AM (5 years ago) | Newbie
Reply
- chosenone at 23-05-2018 07:42 AM (5 years ago)
(f)
The new
Posted: at 23-05-2018 07:42 AM (5 years ago) | Newbie
Reply
- chosenone at 23-05-2018 07:43 AM (5 years ago)
(f)
The use
Posted: at 23-05-2018 07:43 AM (5 years ago) | Newbie
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- ngfineface at 23-05-2018 07:45 AM (5 years ago)
(f)
If PMB should lie against OBJ did the late Fela also lie? OBJ is our major problem in Nigeria. Always wanting to be in charge as if he is God. .
Posted: at 23-05-2018 07:45 AM (5 years ago) | Hero
Reply
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