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Elumelu Exposes Multi-billion Naira Power Sector Fraud - Politics - Nairaland

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Elumelu Exposes Multi-billion Naira Power Sector Fraud by Clintonpaul: 5:11pm On Sep 15, 2015
•Says cabal may sabotage Senate probe

From Fred Itua, Abuja

A former member of the House of Representatives and chairman, House adhoc committee on the power sector probe during the sixth National Assembly, Godwin Ndudi Elumelu, yesterday, gave an insight into how government officials and contractors allegedly connived in the past, to fleece the federal government of trillions of naira.

Consequently, Elemuelu, whose committee unraveled multi-billion naira fraud in the power sector, has advised members of the Senate Adhoc Committee probing the nation’s power sector, to shun ethnic and geopolitical consideration and put Nigeria first, if the exercise must achieve the desired results that will benefit the country.

He told journalists in his Abuja office that the power sector had been used by cabals in connivance with government officials to bleed the nation to a near death, adding that a situation where government would spend $1.545 billion on nine gas turbines, when 18 of the same equipment were bought for $404 million within a short period, was evil and a rape of the nation’s economy.

He said: “From Kubwa to Katampe sub-station, there is a transmission line. When we checked the cost of the line, we found that it was over-inflated. Then, another mind-boggling discovery was made where 18 turbines were procured for $404 million. Then, when additional nine turbines were needed, they now spent $1.545 billion on them. Is that sane for anybody to comprehend?

“Power sector probe requires lots of commitment and dedication for one to get out of it unhurt. So, I am happy that the Senate came up again with it, because it’s quite disheartening to see that, with what has been expended on the sector, we are still battling to generate just about 3,500 megawatts of electricity.

“In the course of doing our investigation, we travelled to Brazil for a comparative assessment public investment in electricity and we found out that, what they spent to achieve stable electricity was far less that than what we had spent; but had nothing to show for it.

“In Brazil, Geometric Power told me that they spent $12 billion to generate 12,000 megawatts and it is working very well. As at that time, Nigerian government had already spent close to $16 billion generating between 2,500 to 3,000 megawatts of electricity.”

He, therefore, urged the Senate to do more by going in-depth in their probe. He, however, expressed fear that those responsible for the nation’s power generation woes will not rest on their oars by planting agents in the committee for the purpose of sabotaging the exercise.



http://sunnewsonline.com/new/elumelu-exposes-multi-billion-naira-power-sector-fraud/

21 Likes 4 Shares

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Toosure70: 5:14pm On Sep 15, 2015
PDP, May God punish PDP and their supporters. Ondo, Edo& Kogi, REJECT PDP, REJECT CALAMITIES. I know the flat head people will quote me. Quote me and go hell fire o.

163 Likes 8 Shares

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Imortal001: 5:14pm On Sep 15, 2015
Ok
Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by appini: 5:14pm On Sep 15, 2015
He should be very careful... OBJ is is a wounded lion.

9 Likes

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by eluquenson(m): 5:17pm On Sep 15, 2015
When the bush meat catch the hunter
Failed Prosecution of Ndudi Elumelu: How President Goodluck Jonathan Sabotages Corruption Cases

An investigation by SaharaReporters has uncovered a carefully orchestrated scheme by President Goodluck Jonathan and other top members of his administration to sabotage or bungle corruption cases against numerous political figures in the country. Ndudi Elumelu, a former member of the House of Representatives, is the latest beneficiary of the president’s plan to undermine the prosecution of corruption cases.

Read More

8 Likes 3 Shares

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by adenine02: 5:20pm On Sep 15, 2015
angry
Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Bevista: 5:20pm On Sep 15, 2015
“In Brazil, Geometric Power told me that they spent $12 billion to generate 12,000 megawatts and it is working very well. As at that time, Nigerian government had already spent close to $16 billion generating between 2,500 to 3,000 megawatts of electricity.”
16 years of PDP government is the WORST period this country has ever witnessed.

May God/Allah bless Nigerians for sending that evil party to where it belongs - Pit of Hell.

103 Likes 7 Shares

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by iambabaG: 5:20pm On Sep 15, 2015
I'm very sure nobody will be surprised.. One of d most corrupt sectors of all time!! Baba will wash their head very well!!

5 Likes 1 Share

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by madridguy(m): 5:20pm On Sep 15, 2015
OBJ AND GEJ need comprehensive probe.

5 Likes

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by efilefun(m): 5:20pm On Sep 15, 2015
Yet some wailers wanted the nation to continue suffering and enduring all sorts of nonsense from the hands of this Demons hiding under a torn UMBRELLA..... A government that sees nothing wrong in stealing/corruption. NEVER AGAIN!!!!!

chukwudi44:
Obasanjo would not like this news!!!! The old fool embezzled $16 billion of our hard earned money meant for the power sector.
You here calling him an old fool like he didnt rule under the same torn umbrella you here protecting

49 Likes

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by lonelydora: 5:20pm On Sep 15, 2015
PDP 16 years rule. Obasanjo and GEJ should be packing their bags now to enter jail.


$12b for 12000MW in Brazil.

$16b for 2500/3000MW in Nigeria.


Dear Lord, May heavy thunder fire anyone involved in this daylight robbery.

98 Likes 6 Shares

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by bookceleb: 5:21pm On Sep 15, 2015
caught pants down
Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Bosville(m): 5:21pm On Sep 15, 2015
If corruption has an headquarter Or headoffice then, its definitely mounted in Nigeria.

27 Likes 3 Shares

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Chanchit: 5:21pm On Sep 15, 2015
And this demons are still telling us we have to pay more for electricity!

3 Likes

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Nobody: 5:21pm On Sep 15, 2015
More like pot meet kettle.

The trobule with Nigeria is that there is free money to be shared. If we had to work for our money....like they do in industrial societies.....we won't even tolerate N20 checkpoint things.

When will Nigerians wake up from oil dependency?

11 Likes 1 Share

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Nobody: 5:22pm On Sep 15, 2015
I will not be surprised if the outcome of the entire exercise does not see the light of the day....A thief does not probe a thief, it's a taboo.

6 Likes 2 Shares

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by LatestTrend: 5:22pm On Sep 15, 2015
tongue








shocked
Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by myners007: 5:22pm On Sep 15, 2015
Thank u Tony, Oyah Buhari Take Action

1 Like

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Drsheddy(m): 5:22pm On Sep 15, 2015
NOTED.
Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by fejikudz(m): 5:22pm On Sep 15, 2015
kk
Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by mznuez(f): 5:22pm On Sep 15, 2015
grin cool that kind of Money makes a girl single

7 Likes

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Nobody: 5:22pm On Sep 15, 2015
Obasanjo would not like this news!!!! The old fool embezzled $16 billion of our hard earned money meant for the power sector.

9 Likes

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Nobody: 5:23pm On Sep 15, 2015
money

1 Like

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by obailala(m): 5:23pm On Sep 15, 2015
This is just telling us what we already know.... PDP was a curse on Nigeria from the pit of hell. 16 years and over $25 billion spent on power but they couldn't add up to 3000mw to the generation capacity they met in 1999.

Brazil generates 12,000mw with $12billion
China built the world's largest hydro dam of 22,500mw with $26billion

But our lovely Nigeria spends over $25billion but couldnt add up to 3000mw.

And some humans were asking these vampires to continue ruling us claiming they were God sent?... Only God will judge these people angry

52 Likes 3 Shares

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by HomoSapiien: 5:23pm On Sep 15, 2015
Fi di Fi

1 Like

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by qualityovenbake(m): 5:23pm On Sep 15, 2015
Waoh. This people bleeding the country, are they not Nigerians. How do they feel when they travel to other develop countries.

2 Likes

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by tigonana: 5:23pm On Sep 15, 2015
Na one by one una go dey expose urself,yeye people.

1 Like

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by Nobody: 5:23pm On Sep 15, 2015
BUHARI's body language @ work


LIKE PMB fOr no reason

Wailers over to you

4 Likes

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by BTT(m): 5:23pm On Sep 15, 2015
How did we get here?

God!

1 Like

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by KpStone(m): 5:23pm On Sep 15, 2015
I dare you

4 Likes

Re: Elumelu Exposes Multi-billion Naira Power Sector Fraud by lightheart(m): 5:23pm On Sep 15, 2015
adding that a situation where government would spend $1.545 billion on nine gas turbines, when 18 of the same equipment were bought for $404 million within a short period, was evil and a rape of the nation’s economy.

Hmm! It's really disheartening.

2 Likes 1 Share

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