anonimi:

Nigeria's Obasanjo, his Untouchables, and the $16 Billion Power Scam


More from: http://www.africaundisguised.com/newsportal/story/nigerias-obasanjo-his-untouchables-and-16-billion-power-scam


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Keep away from Obasanjo, he wasted $16 billion on power Owie tells Buhari






Senator Roland Owie has blasted ex Pres­ident Olusegun Obasanjo over his perceived posture to influence the incoming administration of President-elect, Gen. Muhammadu Buhari.

Reacting to a Think-tank report submitted to Buhari by a team of technocrats put together by Obasanjo, Owie described the document as needless.

In a statement issued in Abuja on Sunday, Owie, who is also a former Chief Whip of the Senate, asked: ”How can Obasanjo be preparing a blueprint for Buhari? A Bini parable says, ‘how can an impotent man get medicine for his brother, who suffers weak erection?’”

Expressing disappointment at Buhari’s romance with Obasanjo, Owie said “Obasanjo will tell the world that the solutions he prescribed for fixing Nigeria were ignored.”

Continuing he said, “I just read that Obasanjo’s think-tank has submitted a blueprint to Buhari. Blue what?

“I am shocked that great Nigerians of the likes of Prof. Akin Mabogunje, Dr. Idika Kalu and Dr. Christopher Kolade were involved. That Obasanjo is linked to the blue-print, it will be a document of blackmail to Buhari very soon.

“Wonders will never end! How can Obasanjo who allegedly wasted eight years in government pursuing perceived enemies, and tried to ruin the legislative and judiciary arms of government in Nigeria; wasted $16 billion on power and not a single kilowatt of energy was produced, destroyed Aladja Steel, Itakpe Steel, Ajaokuta Steel, NITEL, just to mention a few FGN parastatals, now begin to advise Buhari?

“How can Obasanjo, whose government received, in one year, a revenue equivalent of the total revenue that IBB regime received in eight years, yet, nothing to show for it, be handing over blue-print to the in-coming administration?

More from: http://pointblanknews.com/pbn/exclusive/keep-away-from-obasanjo-he-wasted-16-billion-on-power-owie-tells-buhari/

IsraeliAIRFORCE:


Exactly how much subsidy debt is owed.
4th May, 2015


Punch reports that Minister of Finance, Ngozi Okonjo-Iweala says the government owes marketers N131 billion, however; the marketers insist that they are still being owed N200bn after last week’s payment of N154 billion.

A meeting is scheduled to hold today in which Okonjo-Iweala and the marketers discuss the disagreement, and hopefully reach a resolution.

Speaking on the issue, Executive Secretary, Major Oil Marketers Association of Nigeria, Thomas Olawore, told newsmen that “the government had paid N154.2 billion out of the N354.4 bilion it owed the independent and major marketers as well as the depot owners, leaving a balance of N200.2 billion.”

However, the Finance Minister stated,“as you know, we paid N156bn recently, N100bn of the principal payment that we owe them and then we paid N56bn interest rate and some remaining exchange rate differentials. Prior to that, we had just paid N31bn exchange rate differentials. So, at the time we paid that last week, what we had outstanding was N98bn.”As of now, since we made the announcement last week, it has now risen from N98bn to N131bn outstanding in principal payment. And they are now making a demand of N200bn and I ask them what is the balance for?”

Olawore further stated “We will explain to her that it is N200.2bn. The PPPRA is there as the middle party and will be able to establish the truth based on the agreed template.”

https://www.bellanaija.com/2015/05/fg-petrol-marketers-disagree-on-outstanding-subsidy-debt-finance-minister-to-meet-with-marketers-today/

Bitterleafsoup:

“So, let no one say that he has no money to deliver power for the entire country. This is the limit to which the law allows us to do, but we have done this to make a statement that power can be generated."



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Read more at: http://www.vanguardngr.com/2015/03/power-supply-all-homes-in-lagos-will-be-lit-in-six-months-if-fashola/