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power is in the seven National Integrated Power Projects and eighteen gas turbines that Chief Obasanjo’s successor who originally made the allegation of $16 billion did not clear from the ports for over a year and the civil works done on the sites.

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.

”The greatest mistake that OBJ made was not to prosecute and jail @MBuhari for looting PTF funds.I saw the report and it was shocking.Billions of dollars had vanished. OBJ summoned him and showed him the damning report.Buhari begged like a baby.Sadly OBJ let him off the hook.”

SalamRushdie:
Many people missed the opportunity to jail Buhari and throw away the keys and that's responsible

CilicMarin:
[s][/s]

Then since Obasanjo, Jonathan, Yardua all failed to "jail" Buhari, can we now allow Buhari to jail the real theives including Obasanjo?

Rilwayne001:
Only lazy Nigerian youths take this chowderhead called FFK serious. FFK is the dumbest Nigerian ever.

WotzupNG:

Femi Fani-Kayode (FFK) has reacted to a statement credited to President Buhari in which he said ex-president Olusegun Obasanjo has questions to answer concerning power project.

While speaking to supporters at the Abuja Villa, Buhari said, “You know the rail was killed and one of the former heads of state was bragging that he spent more than 15 billion American dollars on power. Where is the power?” he had asked.

However, Obasanjo has responded stating that the president’s claim is based on ignorance. Below is a statement he released.






Reacting to the claim by President Buhari concerning Obasanjo and the power project issue, former aviation minister, Femi Fani-Kayode (FFK), stated that Obasanjo made a big mistake by not jailing Buhari for looting PTF funds.

His tweet:



https://www.wotzup.ng/mistake-obasanjo-jailing-buhari-ffk/

Paperwhite:
I beg to differ. Rather Babangida(IBB) is the one responsible for Buhari's continual abuse & bastardization of the Nigerian state.
If IBB was so smart & intelligent to install & deposed Buhari via the Dec.31st.1983 & Aug.27th.1985 coups respectively.Then he could have as well saved Nigeria his come back now.

SalamRushdie:
Many people missed the opportunity to jail Buhari and throw away the keys and that's responsible for most of the sufferings Nigerians have passed through till date ..

Buharis father missed the opportunity to use a condom

Shehu Shagari missed the opportunity to jail Buhari when he got intelligence report that Buhari was planning a coup.

Babangida missed the opportunity of jailing Buhari for life after arresting him.

Obasanjo also missed the opportunity to jail Buhari for stealing billions of PTF funds .

Jonathan missed the opportunity of Jailing Buhari for instigating the 2011 electoral violence with his hate speeches..


Nigerian we must not miss the opportunity of sending Buhari back to Daura permanently in 2019 oooooo

SweetJoystick:
Buhari the saint begged like a baby

magoo10:
The greatest mistake that OBJ made was not to prosecute and jail @MBuhari for looting PTF funds.I saw the report and it was shocking.Billions of dollars had vanished. OBJ summoned him and showed him the damning report.Buhari begged like a baby.Sadly OBJ let him off the hook.”

Buhari is a rogue ,his atrocities in depleting and embezzling Nigerian resources will all be exposed soon.