1025: whether we like it or not, this naughty professor is working with jonathan behind the scene as they move closer to selling phcn to their private companies.
he has to resign to do the dirty work of his owner(jonathan).
why is abati and labrown marko not resigning?
we are waiting.

De-Grace01:
Uncle Jona is working, whether u the haters like or not. I keep saying it he is still the best thing that had happened to naija as long as the no.1 position is concern. Like he said earlier he will supprise his haters soon. Goodluck Nigeria, God bless u.

tobechi20:

nnaji made his money b4 he bcame power minister

Rhapsody!:

Guy, where did you go January this year when the fuel subsidy removal saga was at its peak? I am not good with digging up the links but marketers accused Allision of asking for a certain amount of money per the oil they lift. This was to go for the financing of GEJ's campaign. She was accused of giving some guy licence to operate even though his company(ies) did not met up with the minimum requirement. A whole lot more. Now whether that was true or not, it begged looking into. But then apart from that, the simple fact that the subsidy scam happened under her watch was enough to tell her to step down, even temporarily, till certain issues were cleared. That should be (if it is not in the constitution already), form of best practices/ acceptable Code of Conduct. The scam was just tooooo huge for her to feign ignorance. And if she is innocent and did not know, then it means she is grossly incompetent for the position she is occupying. Either way, the Presidency should have done the same thing it wants me to believe it did now with NNaji.

werepeLeri: Nnaji said he had met with the president Tuesday afternoon, during which he (president) informed him (Nnaji) that he was using his company as a proxy to buy shares on behalf of the president in Afam power station through the privatisation process.



Haba.

take dat: GEJ and the National Assembly should both be held responsible because right from Nnaji's nomination,the power sector workers had raised issues of conflict of interest with his ownership of Geometrics but nothing was done.Now there is ascersion that Nnaji has interest in Manitoba,the Canadian company who just won the bid of the Transmission Company of Nigeria.Well,its better late than never.Welcome development

kantiyok Gwana :
. As d head of an organization,ur staff steal without ur knowledge, will resign because d fellow did that without ur knowledge?

kantiyok Gwana :
. As d head of an organization,ur staff steal without ur knowledge, will resign because d fellow did that without ur knowledge?

kantiyok Gwana :
. As d head of an organization,ur staff steal without ur knowledge, will resign because d fellow did that without ur knowledge?

take dat: GEJ and the National Assembly should both be held responsible because right from Nnaji's nomination,the power sector workers had raised issues of conflict of interest with his ownership of Geometrics but nothing was done.Now there is ascersion that Nnaji has interest in Manitoba,the Canadian company who just won the bid of the Transmission Company of Nigeria.Well,its better late than never.Welcome development

chucky234: EXPOSED! Why Power Minister,
Barth Nnaji, was forced to resign
.
Contrary to the impression created by
the presidency that the Minister of
Power, Barth Nnaji, resigned from office on his own volition, highly placed sources familiar with the matter have told PREMIUM TIMES that Mr. Nnaji was actually forced to resign Tuesday following a gale of allegations linking him with attempts to subvert the bidding process for the sale of Afam Power plant.
Aso Rock spokesperson, Reuben Abati,had released a statement this evening saying President Goodluck Jonathan had accepted the power minister’s resignation and wished him well in his future endeavours.
But presidency sources have told us
the minister was compelled by Mr.
Jonathan to resign after allegations of
conflict of interest in the privatisation of the power plant was confirmed .
Reports earlier this week had linked Mr. Nnaji with direct interests in one of the firms shortlisted to bid for the 776 megawatts (MW) capacity Afam power plant, already slated for privatisation by the Federal Government.
The plant, consisting about 18 gas
turbines, is considered the most viable of the power plants slated for
privatization by the Federal
government, particularly with the
recent approval of about N500 million
for its rehabilitation.
Apart from his interest in acquiring the plant, Mr Nnaji reportedly used his
privileged position to influence the
emergence of one of the firms in pole
position to be selected winner, an effort that reportedly earned him a
gratification of a brand new Prado jeep and cash reward in excess of
N89million. Mr. Nnaji could not be
reached Tuesday night to respond to
these allegations.
The National Union of Electricity
Employees (NUEE) has, since the
commencement of the process of
privatising the Power Holding Company of Nigeria (PHCN) subsidiary firms,engaged the minister in a running battle, accusing him of pursuing a hidden selfish agenda.
NUEE General Secretary, Joe Ajaero,
had, on behalf of the PHCN workers
that have already been served sack
letters, queried the decision to give
them only 25 per cent of their
entitlement for Pension and Gratuity,
pointing out that the arrangement
confirmed their fears that Mr. Nnaji’s
reform was aimed at strangulating
workers.
Prior to his appointment, Mr Nnaji was
the chairman, Geometrics Power, one of the 18 private companies that were
granted operational licenses by the
Federal Government to undertake the
generation of electricity to compliment the effort to boost the country’s available supply capacity.
It was gathered that the decision to ask Mr. Nnaji to turn in his resignation
letter may have followed the
confirmation by the Presidency of some of the allegations levelled against him.
President Goodluck Jonathan was said
to have decision to ask his minister to
resign his appointment rather than
sack him, to save his administration
the monumental embarrassment such
an action could have generated.
Presidential spokesperson, Reuben
Abati, could not be reached for
comments as he did not answer calls to his mobile telephones.

LINK:
www.myondostate.com/w3/exposed-why-power-minister-barth-nnaji-was-forced-to-resign/

Cmonsense:

You name me one minister who does not have a strategic interest if not outrightly own a company in his assigned area. People like you are idiots that won't allow this country to move forward. This was a witch hunt and has been there since Mr. Nnaji took over. They saw lighting improving and punked GEJ to fire him.

jaw jaw:

Geometric Power which Bart Nnaji was the founder and Chairman is a company financed by local banks and international financial institutions based simply on his recognized personality.
I can tell you authoritatively because I worked in one of such institutions. Please note that we are talking of billions not small money. The project Geometric power is into, being the first of its kind in Nigeria, attracted so much interest that a renowned member of IFC resigned his appointment to work with the Geometric power.
Hope that answers your question.

soledayo: I CAN BOAST OF 3DAYS UNINTERRUPTED LIGHT IN MY AREA... WHO CARES IF NNAJI'S COMPANY BOUGHT IT. AFTERALL, HE IS D BEST POWER MINISTER I HAVE SEEN THUS FAR DEALING WTH D CABAL IN PHCN EMPLOYMENT.

1025: whether we like it or not, this naughty professor is working with jonathan behind the scene as they move closer to selling phcn to their private companies.
he has to resign to do the dirty work of his owner(jonathan).
why is abati and labrown marko not resigning?
we are waiting.

AjanleKoko:

That's the part I don't get.
Is that not an indictment of Jonathan?

1025: whether we like it or not, this naughty professor is working with jonathan behind the scene as they move closer to selling phcn to their private companies.
he has to resign to do the dirty work of his owner(jonathan).
why is abati and labrown marko not resigning?
we are waiting.

Demdem: Damn it, the only sunshine in this administration IMO is gone. What will the retardeen do now?
Barth, wishing u the best. U will definately be a good candidate for Igbo presidency

werepeLeri:

How is that an indictment?

Nnaji said he had met with the president Tuesday afternoon, during which he (president) informed him (Nnaji) that he was using his company as a proxy to buy shares on behalf of the president in Afam power station through the privatisation process.''

werepeLeri: Nnaji said he had met with the president Tuesday afternoon, during which he (president) informed him (Nnaji) that he was using his company as a proxy to buy shares on behalf of the president in Afam power station through the privatisation process.



Haba.