Thecvbankng:
The current three arm of the Nigerian government is made up of

Legislooters

Executhieves

And Judisharers

dre11:
• Nigeria risks $1.2bn fine, legal experts, lawmakers to explore legal options




https://www.sunnewsonline.com/senate-targets-osibanjo-fashola-others-over-multimillion-dollar-power-deal/

Melison:
never thought the day would come
When things would get so bad
I seen young kids hustling, makes me so mad
We the biggest black nation but nobody cares
Raise your voice and die amongst so many fears
The time is now
And yes, I'll take my chances
Attacking the villian until my nation advances
A lot of lame promises they never fulfill
Oil rich but we suffering still

Chairman of the Senate committee on Power, Gabriel Suswam, while briefing the Senate on the existing agreement, said part of the deal the Federal Government had during the power sector reforms was that the investors will have the legitimacy to pull about $1.2 billion from the country’s foreign reserve.

Aksnoopy:
So Osibanjo was actually a thief indeed. A self-acclaimed pastor conniving with politicians to steal billions from the masses.

Deputy1111:
How can you just open your mouth to call Osinbajo a thief, some people don't get rest again at the mention of Osinbajo's name

babasolution:


I joined you guys and you blocked me,you guys are not serious driving people away

IkpuNnegiEwu44:



He is a mega Thief for signing such unpatriotic deal. Osibande and rocket science FashOLE are thieves and saboteurs that should be killed by firing squad if Nigeria is China

airminem:
Atiku would have sold naija had it been . . . .

Aksnoopy:
So Osibanjo was actually a thief indeed. A self-acclaimed pastor conniving with politicians to steal billions from the masses.

Artiiclebeast:


If you came on the group with the silly character you exhibit here on Nairaland or come to spam the group with bitcoin trading, you'd be removed without any regret.

There's no room for the Afonja, Ipob and whatever nonsense you guys are on about here on the group.

dre11:
• Nigeria risks $1.2bn fine, legal experts, lawmakers to explore legal options

The Senate, yesterday, initiated moves to reverse the multimillion power sector deal spearheaded by the administration of President Muhammadu Buhari in 2016.

Vice President Yemi Osibanjo, Babatunde Fashola and others who were part of the team are believed to have erroneously signed an agreement that was not in favour of Nigeria.

The Presidential Power Reform Transaction, which was headed by Osibanjo when the deal was struck obligated Nigeria to pay between $30 million and $33 million monthly to Azura for power for powers generated, even if not “dispatched.”

The power generated is expected to be transmitted through the national grid — by the Transmission Company of Nigeria (TCN).

The Senate at its plenary, yesterday, said Nigeria stands to lose about $1.2 billion if the country defaults or revokes the current agreement with power generation companies.


https://www.sunnewsonline.com/senate-targets-osibanjo-fashola-others-over-multimillion-dollar-power-deal/