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$16bn Power Sector Fraud: Obasanjo Replies Buhari - Politics - Nairaland

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$16bn Power Sector Fraud: Obasanjo Replies Buhari by dre11(m): 9:00am On Feb 13, 2019
FORMER President Olusegun Obasanjo is of the view that those who believed his administration wasted $16 billion on power project implementation with nothing to show for it lacked proper understanding.

In a reply to queries on what happened to the $16 billion power sector funds under his administration, the former president said it was wrong for anybody to reply on what he called “unsubstantiated allegations against him by the then leadership of House of Representatives over the project”.

Before President Muhammadu Buhari vowed yesterday to probe the multi-billion dollar project, he had in May last year, queried where the funds went.

The former President, who responded through his media aide, Kehinde Akinyemi, blamed the query on lack of proper understanding.

He said: ”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.”


http://thenationonlineng.net/what-happened-to-power-sector-cash-by-obasanjo/

33 Likes 3 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by Imortal001(m): 9:05am On Feb 13, 2019
OBJ na baban barawo

101 Likes 5 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by HappyPagan: 9:05am On Feb 13, 2019
Nigeria has the most expensive darkness in the world.

We are the only humans on the planet living in a modern world, with backward infrastructure.

Fela used to sing about suffering and smiling. He should see us now... Religion, corruption has made us ugly and dirty.

We need a filter for our national conscience... We are a horrible, horrible nation... That's why God left Nigeria years ago.... Now they run to church looking for him shouting "power, power" when e dey Obasanjo pocket

Nigerians worship money. Thats why we are poverty capital. Money is so little in the hands, one who has plenty becomes Lord and God. New age slaves.


cry cry cry

172 Likes 13 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by agitator: 9:15am On Feb 13, 2019
OBJ the navigator of APC responding to APC election eve gimmick. grin grin grin

15 Likes

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by dawno2008(m): 9:19am On Feb 13, 2019
OBJ knows this lifeless entity can not read,hence he should designate to somebody shocked who can,and they should tell him in the language he understands cool lol
This almagiri President,who keep saying $16b,just shows how shallow and unprepared mr lifeless is,today your govt met 7000mw,did he thinks it was created by the gods?
This semi illiterate tyrant want to gain cheap popularity,what was he waiting for,4 years in charge,and is still on "I will",abeg just retire yourself to daura and save us all the headache

146 Likes 9 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by APCZombiie: 9:20am On Feb 13, 2019
Ol

1 Like

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by RoyalUc(m): 9:31am On Feb 13, 2019
Oga, I did my personal study on power sector reform during your term as President and can categorically say if the monies stated as spent were actually spent, we may have made remarkable progress in solving our power problem, if not out of it.

Your testimony can't justify you, neither am I satisfied with the EFCC report and that of the Hon. Aminu Tambuwal-led ad-hoc committee.
We know you and what you are capable of doing...

101 Likes 10 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by three: 10:12am On Feb 13, 2019
.


Sorry but na Baba Iyabo cos am

Him suppose don cartoon dose chapters

Na d only way Bubu go read and understand.

Buhari na Radarada master! shior


.

https://www.herald.ng/president-buhari-loves-cartoons-garba-shehu/

21 Likes

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by ALCOHOLKILLS(m): 11:13am On Feb 13, 2019
afonja obj should not bother replying that living dead, the useless he goat can't read nor write cheesy cheesy grin

7 Likes

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by Yambee: 11:13am On Feb 13, 2019
Ok
Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by Damdafixed: 11:13am On Feb 13, 2019
Ahh
Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by Damdafixed: 11:14am On Feb 13, 2019
A
Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by sammyj: 11:14am On Feb 13, 2019
grin
Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by adegeye38(m): 11:15am On Feb 13, 2019
HappyPagan:
Nigeria has the most expensive darkness in the world.

We are the only humans on the planet living in a modern world, with backward infrastructure.

Fela used to sing about suffering and smiling. He should see us now... Religion, corruption has made us ugly and dirty.

We need a filter for our national conscience... We are a horrible, horrible nation... That's why God left Nigeria years ago.... Now they run to church looking for him shouting "power, power" when e dey Obasanjo pocket

Nigerians worship money. Thats why we are poverty capital. Money is so little in the hands, one who has plenty becomes Lord and God. New age slaves.


cry cry cry
Take religion out of it, other religious countries are making wonders hapen
It is our mentality and who we are that is the problem
An average Nigerian is greedy and selfish and care only abt himself, thats wat fuels corruption

30 Likes 3 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by helinues: 11:15am On Feb 13, 2019
Baba ni yen
Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by nurex01(m): 11:16am On Feb 13, 2019
K
Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by Nobody: 11:16am On Feb 13, 2019
Can I prophesy ?

1 Like

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by sureheaven(m): 11:16am On Feb 13, 2019
Only thieves and enemies of progress will support obj on this. shocked

$16bn whole dollar went like that without single transformer and they later went ahead to sell off the same NEPA to their friends.

Never again will PDP rule this nation.

42 Likes 5 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by Memphitz537(m): 11:16am On Feb 13, 2019
Why this incompetent FOOLani President nor talk this one in 2015??

9 Likes

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by IDEKEALUMONA(m): 11:16am On Feb 13, 2019
With $16billion,Obasanjo initiated and completed many power projects as a president. In 1999 when he assumed office, Nigeria was having a peak power generation of 1750MW and in 2007 when Obasanjo left office Nigeria was having a peak power generation of 4000MW, that's an increase of 2250MW! Now compare him with Buhari who has not added even 1Watt for almost four years as a president. Upon all the billions Buhari has budgeted for power projects since he assumed office, what's the result? I wish Obasanjo had remained Nigerian president for at least 20 years, Nigeria would have been better than the way it is now. Obasanjo has his own problems but any body with small brain left in his skull would know that Obasanjo remains the Nigerian best President in the recent time.We should use our brain to think and not just swallow everything these rogue politicians feed us.

24 Likes 1 Share

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by Nobody: 11:18am On Feb 13, 2019
grin grin grin What a funny country,they said you embezzled money you are telling them to go and read your book
Are these people Mad ?


“”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.
See what Baba bought with $16 Billion BELOW
“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.

26 Likes 4 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by hisexcellency34: 11:18am On Feb 13, 2019
I will be happy if Buhari can jail OBJ

15 Likes 4 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by Keegan: 11:18am On Feb 13, 2019
Days of reckoning are fast approaching...

9 Likes 1 Share

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by Chukwurah003: 11:19am On Feb 13, 2019
Obasanjo is the grand patron of corruption in Nigeria.

13 Likes 2 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by yaki84: 11:19am On Feb 13, 2019
“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.



baba dis is too much ooo...


u wan destroy bubu?

12 Likes 2 Shares

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by uzohrome(m): 11:19am On Feb 13, 2019
Obj smartest amongst them

3 Likes

Re: $16bn Power Sector Fraud: Obasanjo Replies Buhari by rusher14: 11:20am On Feb 13, 2019
Old man, where's our 16 Billion dollars?

13 Likes 2 Shares

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