₦airaland Forum

Third to comment

Former President Olusegun Obasanjo has responded to the suggestion by President Muhammadu Buhari that the administration he (Obasanjo) led between 1999 and 2007 wasted $16billion on power projects without anything to show for it.

Mr. Buhari had while receiving a delegation of Buhari Support Organisation (BSO) at the Presidential Villa Tuesday criticised previous Nigerian administrations for “lack of imagination.”
In what appeared a direct reference to Mr. Obasanjo, the president said “one of the former Heads of State between that time was bragging that he spent more than 15 billion American dollars, not Naira, on power. Where is the power? Where is the power? And now we have to pay the debts.”

The former President, who backed Mr. Buhari’s election in 2015, but who has since turned one of the fiercest critics of the administration, has now shot back through a statement by his media aide, Kehinde Akinyemi.

In the statement emailed to PREMIUM TIMES, Mr. Obasanjo described Mr. Buhari’s claim as ignorant, and unsubstantiated.

The former president 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.”

Shugavee:
As for me the relationship is doomed!! I won't leave my man cause he lost his job but if i find out he owned a company blah blah blah, n it was all a test!! That's the end!!

Yimu�

VampireeM:
mstchew. Most people on social media be spinning tales just to trend. Na their cup of tea

One member of the "I can't date a broke guy" sighted�

Can you lose your virginity for 500 thousand naira?? Be honest .

Your virginity or 500k?

majamajic:
how many people are u expecting ?

An average of 35 persons

Good evening nairalanders,

My younger bro, who is a university student is about to clock the age of 21. We're kinda lost as to what things to put in place in the course of preparation. We are planning on making it a memorable one but we don't want to mismanage the fund.

We have a free venue already, what things do we really need to take note of? What's your idea of 100k for a get together birthday party? How would you manage the fund? How do we go about the drinks(not soft drinks) and stuff?

Note: We're planning a night party, and the estimated attendance is about 35 persons

Did someone read the last comment on the screenshot ??

KendrickAyomide:
u don't know the meaning of "ruin"?

Ogbeni Ferrara hiatus did i say his career ruined

Their wahala

I

*hisses in pachtu*

So someone career cannot ruin again


Who was expecting wizkid on the list too?

Took my time to read this. Its touching. How I wish I can be of help.

6 14...

This should make FTP..
Lalasticlala

Someone should please give me good sites to download these apk files on my android

My blackberry Q10 was stolen 2adb58b5

gsmcoder:
Send me the pin or imei, you can figure out the location if bis is active.

Please mine was stolen too, just two days ago. It's BB Q 10. My pin is 2adb58b5

Someone bleep this b*tch pls

This lady is sister-in-law; a graduate of Auchi Polytechnic presently she's suffering from kidney Cancer. This problem began last year with abdominal pain which prompted her to go for medical checkup at a private hospital where she was suspected to have developed kidney cancer. We've appealed to government and other public spirited Nigerians to help raise fund needed to complete the treatment. My parents and other family members too have contributed to this too, even my schooling is being affected. Her husband, which is my brother has sold almost all of his belongings.

I know there are kind Nigerians who can help on this platform too.
No amount is small. Please we need your help. God will be with you too.
My email is gbadeboluwakemi@gmail.com

This lady is sister-in-law; a graduate of Auchi Polytechnic presently she's suffering from kidney Cancer. This problem began last year with abdominal pain which prompted her to go for medical checkup at a private hospital where she was suspected to have developed kidney cancer. We've appealed to government and other public spirited Nigerians to help raise fund needed to complete the treatment. My parents and other family members too have contributed to this too, even my schooling is being affected. Her husband, which is my brother has sold almost all of his belongings.

I know there are kind Nigerians who can help on this platform too.
No amount is small. Please we need your help. God will be with you too.
My email is gbadeboluwakemi@gmail.com

This lady is sister-in-law; a graduate of Auchi Polytechnic presently she's suffering from kidney Cancer. This problem began last year with abdominal pain which prompted her to go for medical checkup at a private hospital where she was suspected to have developed kidney cancer. We've appealed to government and other public spirited Nigerians to help raise fund needed to complete the treatment. My parents and other family members too have contributed to this too, even my schooling is being affected. Her husband, which is my brother has sold almost all of his belongings.

I know there are kind Nigerians who can help on this platform too.
No amount is small. Please we need your help. God will be with you too.
My email is gbadeboluwakemi@gmail.com

This lady is sister-in-law; a graduate of Auchi Polytechnic presently she's suffering from kidney Cancer. This problem began last year with abdominal pain which prompted her to go for medical checkup at a private hospital where she was suspected to have developed kidney cancer. We've appealed to government and other public spirited Nigerians to help raise fund needed to complete the treatment. My parents and other family members too have contributed to this too, even my schooling is being affected. Her husband, which is my brother has sold almost all of his belongings.

I know there are kind Nigerians who can help on this platform too.
No amount is small. Please we need your help. God will be with you too.
My email is gbadeboluwakemi@gmail.com