PRESIDENT BUHARI RECEIVES OBJ 2A&B. President muhammadu Buhari receives former President Chief Olusegun Obasanjo during a visit at the State House in abuja. PHOTO; SUNDAY AGHAEZE. OCT 10 2016.
HighlightTrending Story

Obasanjo replies Buhari, says President ignorant, uninformed about power sector

500

Former President Olusegun Obasanjo on Tuesday slammed president Muhammadu Buhari, calling him ignorant and uninformed about the power sector.

Buhari had earlier on Tuesday said that the Obasanjo administration spent $16bn on power projects during his tenure, without corresponding power supply to Nigerians.

Chief Obasanjo challenges, and in fact encourages, anybody to set up another enquiry if in doubt and unsatisfied with the EFCC report and that of the Hon. Aminu Tambuwal-led ad-hoc committee, said a statement his media assistant.

Statement

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.

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.

 

Leave a comment

Related Articles

Senate confirms 5 INEC RECs

The Senate has confirmed the appointments of five Resident Electoral Commissioners (RECs)...

I am Single But Not Searching, –Nkechi Blessing Declares

    Controversial Nollywood actress Nkechi Blessing has confirmed she is currently...

Oyo Power Boost: FG Approves Key Energy Projects, Revives Ikere Gorge Hydropower Plant

By Joycelyn Ellakeche Adah In a decisive push to upgrade Nigeria’s electricity...

Breaking: 2025 UTME Results Under Fire: JAMB Admits Errors, Promises Review

The Joint Admissions and Matriculation Board (JAMB) has acknowledged errors that impacted...

Why we ditched PDP – Kebbi senators

Barely seven days after six House of Representatives members defected to the...

Updated: Court Reserves Judgment on Sen. Akpoti-Uduaghan’s Suspension Case June 27

    A suit filed by suspended Senator Natasha Akpoti-Uduagha before the...

House of Reps Rejects Bill to Limit INEC’s Power, Six Others

A move to amend Nigeria’s 1999 Constitution, which would have significantly reduced...

Ancelotti Bids Farewell to Real Madrid

By Samuel Akpan with additional agency report Real Madrid coach Carlo Ancelotti...

22nd National Sports Festival: NOC Unveils Safeguarding Handbook, SAFE SPACE to Protect Athletes

In a significant step towards prioritizing athlete welfare and safety at the...

NJI to Judges: Ensure Safety, Protection of Women, Children, Marginalized

The National Judicial Institute (NJI) has called on judicial officers nationwide to...

US-China Tariff Truce: China Lifts Ban on Boeing Plane Deliveries

China has lifted its ban on airlines taking delivery of Boeing aircraft...

Just in: Court adjourns suit challenging Fubara, deputy governor’s suspension to May 26

A suit challenging the suspension of Rivers Governor Siminalayi Fubara, the Deputy...

Tinubu Swears In New INEC Commissioners, CCB Board Members

President Bola Tinubu has sworn in two newly appointed commissioners of the...

Nigeria’s Oil Output Jumps 6% to 1.4mbpd in April – NUPRC

Nigeria’s oil production has increased to 1,485,700 barrels per day (bpd) in...

Olubolade, ex-Bayelsa military governor, ex-minister slumps, dies in Lagos 

A one-time Military Administrator of Bayelsa State and former Minister of Police...

CAF U20 Championship: Flying Eagles Determined to Secure FIFA World Cup Ticket Against Senegal

Nigeria’s Flying Eagles are gearing up for a high-stakes showdown against Senegal...

NPA Rubbishes Allegation of Multi-Billion Naira Graft, Says It’s False

The Nigerian Ports Authority (NPA) has refuted online reports alleging multi-billion naira...

Remo Stars Make History as NPFL Champions

Remo Stars Football Club has been crowned the 2024/25 Nigeria Premier Football...

Arsenal Denies Liverpool Win, Secures Late Draw

By Samuel Akpan with additional agency report In a thrilling match at...