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$16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari (39561 Views)

Dapo Abiodun: How Amosun, Dangote’s Disagreement Cost Ogun $16b Refinery / House Of Representatives To Probe Obasanjo, Yar’Adua & Jonathan Power Contracts / $16bn Power Projects: Why Buhari Should Not Probe Obasanjo – Shehu Sani (2) (3) (4)

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by deomelo: 11:24pm On May 22, 2018
[s]
BakireBulmaker:


@bolded
No time! Tunde Bakare stated it. He doesnt speak without facts.

Go and read my conversation with gavelslam.

Also read the opening post again to see Obasanjo's explanation of how the $16bn was spent.

[/s]




Don't quote me if you can not stay on topic or clearly articulate your own personal thoughts and positions instead of asking me to debate what other people are saying. I'm not debating other people and other people did not quote me, you did.

Stop spewing rubbish that you can not back up with your own sane and rational facts.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by nightmile: 11:35pm On May 22, 2018
Email: info@femifanikayode.org

OBASANJO, YAR’ADUA, BUHARI AND THE POWER SECTOR.

There has been so much speculation, misinformation and disinformation peddled around about President Olusegun Obasanjo’s handling of the power between 1999 and 2007. This contribution is an attempt to set the record straight and to clear the air. The truth is that the numerous problems of the power sector could not be completely solved by President Obasanjo simply due to the sabotage that his government was facing in that sector on a daily basis. And I am glad that Mallam Nuhu Ribadu, who served the Obasanjo administration but who is now the Presidential candsidate for the opposition ACN, alluded to that in last night’s Presidential debate.

Yet in spite of this the truth is that the record of the Obasanjo government in the power sector was not nearly as bad as many Nigerians have been led to believe. Let us take the frustrations, the bitterness, the emotion and the sentiments out of it and instead let us look at the facts. And here they are. In 1999 when Obasanjo was elected into office Nigeria was only generating 1200 megawatts per day. By 2007 this figure had increased to just over 4000 megawatts per day despite all the daily sabotage that was going on throughout those years. All the additional, vast, complex and extreemly expensive equipment that we needed to import in order to lift our power generation to the next level of over 10,000 megawatts per day arrived at our ports three days after President Obasanjo left office and just after President Umaru Yar’adua was sworn in. Now let me share with you exactly what Yar’adua did with that equipment when he came in. Instead of clearing them at the ports, sending them to the to the relevant sites all over the country and installing them he simply refused to let them into the country, he refused to pay the custom duties on them or waive it and he left them to rot at the ports. He did this for one reason and for one reason alone, so that he could lie to the whole world that Obasanjo had done virtually nothing for the power sector between 1999 and 2007.

That is how vindictive and deceitful that man and his little cabal was and he really did hate Obasanjo to that extent. Yet he did not stop there but he also went on to tell a pernicious and dirty lie to the whole world that a whooping 16 billion U.S. dollars was spent on the power sector by the Obasanjo administration and yet, he claimed, that ”there was nothing to show for it”. When his own advisor on the power sector wrote him an internal memo with proofs saying that this was not true and that Obasanjo had spent only 3 billion U.S. dollars on the sector and that there was indeed plenty to show for it the man was told to keep quiet and a few months later he was fired. I would agree with anyone that says that even 4000 megawatts is not that good but it was certainly a lot better than the 1000 megawatts that Obasanjo met when he first came in in 1999. When Yar’adua took over in 2007 if he had carried on with the efforts that Obasano had made for that sector, if he had continued to implement the reforms and policies that were being implemented there, if he had made Mallam Nasir El-Rufai Minister of Power as he had promised to do before being sworn in and if he had quickly cleared and allowed in and installed all the expensive and massive equipment that were just sitting at the ports we would have hit over 10,000 megawatts per day in terms of power generation long ago.

Instead Yar’adua did none of those things and, worse of all, he let all the equipment rot at the ports over the next three years just so that he could use that to discredit Obasanjo and claim that he did nothing for the power sector. As a consequence of this power generation under the Yar’adua administration dropped from 4000 megawatts, when we left office in 2007 and handed over to him, to a steady 2000 megawatts per day throughout the time that he was in power and until the day that he died. It never went over 2500 megawatts per day throughout the three years that President Umaru Yar’adua was in power. If anyone doubts this they should please go and cross check or simply ask Lanre Babalola, his Minister of Power.

Yet even today, which is four years since Obasanjo has left office and almost one since President Goodluck Jonathan has been our President, power generation is still hovering around 3500 megawatts per day. Is this not a case of five steps forward and ten steps backwards? Isn’t this pitiful? And yet people still blame Obasanjo for this? If he had been allowed to continue in office and if he had maintained the same rate of growth and power generation that he had started since 1999 we would have hit over 10000 megawatts at the very least by today. Again the infamous ”House of Reps Power Probe” that President Yar’adua set up to simply to discredit and eventually prosecute President Obasanjo fell apart after the truth came out and after it was proved that all the allegations against him were not only false and utterly malicious but that they were also fabricated by Yar’adua himself.
In addition to that the member of the House of Reps who had been commissioned to do this hatchet job against Obasanjo by Yar’adua and Governor James Ibori and who actually chaired the House of Representatives Commitee on Power, Ndidi Elumelu, has since been thoroughly discredited. It is about time that the Nigerian people knew the truth about this power generation matter and that they allow ”the truth to set them free”. During yesterday’s Presidential debate I heard General Muhammadu Buhari, the Presidential candidate for the opposition CPC, alleging that 16 billion U.S. dollars had been spent on power by the PDP in the last 11 years and I just chuckled to myself.
I cannot blame him for saying that because he was simply repeating President Umaru Yar’adua’s ”disinformation and fabricated figures” that had been successfully used against Obasanjo in 2008 and he now took those same figures and used them against the PDP in 2011. I guess that I cannot blame Buhari for that but rather it is the late Yar’adua that I will blame. In that same debate Buhari also said that power generation was at 4000 megawatts in 1999 when General Abdulsalami Abubakar was in power and just before Obasanjo was sworn in and that after Obasanjo came in it dropped from there and continued to drop thereafter right up until the time he left in 2007.
This is not true. It is not only utter falsehood but it is also the biggest and most pernicious lie of all. And I believe that it was a lie that was fuelled by malice as opposed to ignorance. What Buhari said was not only most unfair but also nothing could be further from the truth. He got his figures mixed up and the wrong way round which, I guess, says a whole lot about his mental state, his knowledge base and his so-called ”Presidential credentials”. The truth is rather that when General Abdulsalami Abubakar was in office in 1998 to 1999 (and throughout the time that his predecessor in office General Sani Abacha was in office from 1994 to 1998) power generation in Nigeria was just over 1000 megawatts and things were really bad as far as the power sector was concerned throughout that time. At that time and throughout that period we were amongst the three lowest power-generating countries on the African continent and yet we had such a massive population of people when compared with everyone else. Things were really bad. However it improved considerably when OBJ came in in 1999 and it continued to do so at a steady and consistent pace until he left office in 2007. These are the
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by bigpicture001: 11:37pm On May 22, 2018
[quote author=BigBrother9ja post=67793657]
All these your rant can't still explain what Obj (the miserable thief) did with the 16 billion dollars.
If you're a true economist and you apply wisdom without sentiments, you'd agree that Obasanjo is a wasteful senile leader and a wicked thief.

How can a country with almost 200 million population not have more than 10, 000 megawatts of electricity after spending almost 30 billion dollars since 1999 when a country like Japan with about 150 million population can boast of 1,000,000 megawatts and has only spent about 50 billion dollars since 1998.
Do the math.

If that old fool had invested that money into wind turbines alone, Nigeria would have been a better country today.
Woe betide that old fool called Obasanjo. [/quo...............te]...as we all know..it is easier to move a just repaired train on it track than to take years to repair them..ok..just read on......1. OBJ 1st toy the power problem was cuz the distribution aspect of power was insufficient as advised by his them minister of power "Bola ige" then in year 2000. he responded by importing about 40,000 transfomers..which he later found couldn't solve the problem...2. again he discoverd a very high profile nigerian in a big energy firm in the US by name somthing Ransome.. the man came and told him.. that the duties of Nepaunl was too much and should be unbundled and each part undertake a specific duty. this he set about through the national assembly..the bill took more than 2years to be passed and phcn was created..3. now the generation aspect of the phcn was in very large deficit as the growth of the economy far outpace the the growth of power. so he aggressively sought to grow the nation's capacity. by embarking of the world. most ambitious power projects. where he by- cut the due process office which he set up to critically analyse govt project awarders.,just to meet up with tym.( mind u,he bought avoid 13 gas turbine) and attempted to shift the nation from its traditional unreliable hydro power generation to gas tomorrow power plants.. the even time it took to deliver these plants were in 3 years. and by this time his eight years are exhauted.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by bigpicture001: 11:40pm On May 22, 2018
[quote author=BigBrother9ja post=67793657]
All these your rant can't still explain what Obj (the miserable thief) did with the 16 billion dollars.
If you're a true economist and you apply wisdom without sentiments, you'd agree that Obasanjo is a wasteful senile leader and a wicked thief.

How can a country with almost 200 million population not have more than 10, 000 megawatts of electricity after spending almost 30 billion dollars since 1999 when a country like Japan with about 150 million population can boast of 1,000,000 megawatts and has only spent about 50 billion dollars since 1998.
Do the math.

If that old fool had invested that money into wind turbines alone, Nigeria would have been a better country today.
Woe betide that old fool called Obasanjo. [/quo...............te]...as we all know..it is easier to move a just repaired train on it track than to take years to repair them..ok..just read on......1. OBJ 1st tot the power problem was cuz the distribution aspect of power was insufficient as advised by his them minister of power "Bola ige" then in year 2000. he responded by importing about 40,000 transfomers..which he later found couldn't solve the problem...2. again he discoverd a very high profile nigerian in a big energy firm in the US by name somthing Ransome.. the man came and told him.. that the duties of Nepa was too much and should be unbundled and each part undertake a specific duty. this he set about through the national assembly..the bill took more than 2years to be passed and phcn was created..3. now the generation aspect of the phcn was in very large deficit as the growth of the economy far outpace the the growth of power. so he aggressively sought to grow the nation's capacity. by embarking on the world. most ambitious power projects. where he by- cut the due process office which he set up to critically analyse govt project awardees,,just to meet up with tym.( mind u,he bought about 13 gas turbine) and attempted to shift the nation from its traditional unreliable hydro power generation to gas to power plants.. the eventual time it took to deliver these plants were in 3 years. and by this time his eight years are exhauted.he created the modalities for the setting up of independent power producers who will produce and sell to govt. since he needed much much power from both govt generation and also from.private to drive the growth of the power sector.. that is where he left it..fashola has not commision ed even one power plant. he is doing his best trying to.make that initiated by obj work.. now u know wot he spent his time doing..mind u..turbine plant are bot hugely capital intensive and takes time to build,deliver and install..he chose turbine plants over wind as u suggested cus of the long run cist. where it cost much more to maintain a wind than turbine.this is cus,gas that is the live wire of turbines is a free gift if nature to nigeria

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by ItsMeAboki(m): 11:44pm On May 22, 2018
The old overbearing thug is only bluffing - of course you were exonerated by your own (PDP) party dominated NASS who you remotely controlled by constant bullying and even determined its leadership; however, if OBJ thinks Nigerian are stupid then let him explain how he became president with only 20K in his bank account and soon afterwards ended up stupendously rich as a multi-billionaire that he is today; what kind of magic did he perform on 20K to turn it to several billions in just 8yrs in office?.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by AZeD1(m): 11:45pm On May 22, 2018
GavelSlam:


Let's assume all you are saying is correct.

What did Jonathan spend on?
And why couldn't they be completed in 8 years?
A lot of them are completed. There's no or partial gas so they are either not working.

Some of them are two phases, e.g Geregu has 1& 2 same as Omotosho.

OBJ awarded the contracts and paid, Yar'Adua stopped them and GEJ revived them with some modifications.

I know people who personally worked on NIPP projects so this is not a political answer.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by Oloripelebe: 11:50pm On May 22, 2018
This obasanjo get bad mouth o grin
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by progress69: 11:52pm On May 22, 2018
HIGHESTPOPORI:
Projects on paper? while people have lost their jobs,insecurity,food and fuel price doubled? what exactly are the projects?

Bro u reas the truth. Job loss and all u mentioned are characteristics of a country in recession. During the global reccesion, which Nigeria escaped because of the huge savings by Yaradua.....the same stories were heard in the united states and countries that slipped into recession. Oil price fell to all time low under this government, economy is oil dependent.....recession was inevitable. All ur noise wont change that fact
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by diltstwoods(m): 11:55pm On May 22, 2018
GavelSlam:


He spent 16 billion dollars.

It seems you have no idea how much that is.
I think Nigerians are now a bundle of jokes. An ex president cannot make tangible points on how $16 billion USD was spent on improving power and we are here laughing and counting scores. It’s true we get the kind of leaders we deserve. The idiots are our idols

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by joeluv: 11:56pm On May 22, 2018
How true is the statement that "OBJ's government spent $16 billion on power and had nothing to show for it"?

Fact Checks:

1. By May 1999 when OBJ took office, Nigeria had seven functional power plants generating 1,500 mW daily. These were Kainji, Jebba and Shiroro hydroelectric plants; and Egbin, Afam, Delta and Sapele gas thermal plants.

2. The two coal thermal plants at Orji River and Ijora were non-functional for lack of coal and obsolete equipment.

3. During 1999-2007, the FGN built six gas power plants now supplying electricity to the national grid. They include Afam II (276 mW), Papalanto (330 mW), Geregu (414 mW) and Omotosho (330 mW), all completed by May, 2007.

4. A fifth plant at Alaoji, Delta State (545 mW), was under construction. A sixth plant was under construction at Ikot-Abasi, Akwa-Ibom State (145 mW). It was a state government partnership with the FGN.

5. Also during 1999-2007, six states initiated power projects under the NIPP Program with FGN support (though not partnerships) at: Sapele (Delta State), Egbema (Imo), Ehobor (Edo), Gbaram (Bayelsa), Calabar (Cross-River), and Omoku (Rivers).

6. In the private sector, the Agip oil company built and commissioned a 480 mW thermal plant at Okpai, Delta State.

7. Two hydroelectric projects at Zungeru (Niger State) and Mambilla (Taraba State) were at the design and conception stage by 2007. Construction work started at Zungeru (700 mW) in 2013, to be completed in 2020, while construction work at Mambilla (3,050 mW) started only in 2018.

8. During 1999-2007, the FGN also rehabilitated existing power plants at Kainji, Egbin and Shiroro, which were all performing far below capacity due to accumulated neglect.

9. Also during 1999-2007, the FGN initiated new power transmission projects (though most of them commenced after 2007) and passed into law the Power Sector Reform Act which allowed the privatization of NEPA/PHCN.

Summary:

Today, Nigeria owes at least 2,520 mW of her daily power generation to FGN policies conceived and executed during 1999-2007. That excludes investments in power transmission and distribution, as well as FGN support for NIPP projects which came on stream after 2007.

Conclusion:

OBJ's government has something to show for its power projects. It is left for auditors, engineers and other experts to determine whether $16 billion justifies that achievement.- Dr Nuru Alkali

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by diltstwoods(m): 12:07am On May 23, 2018
BrokenTV:

How much was budgeted for ministry of information, we know how this government of crocks rolls, but on hold project of past government when election time reaches, the start commissioning and behaving as if they initiated the project, they start taking credit for other people's work.
To put the records straight , initiating a project isn’t as good as completing it . It would have only amounted to selfishness and waste of resources to abandon old projects and start new ones all in the name gaining cheap glory. We should stop reasoning like people without education and start to think objectively . A government that believes in progress and continuity should be given a lot of kudos . That is the way forward

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by biztip: 12:07am On May 23, 2018
by 2019 buhari will join d probe list. hope he won't collapse in d court like Metuh
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by biztip: 12:08am On May 23, 2018
by 2019 buhari will join d probe list. hope he won't collapse in d court like Metuh..
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by EmmyDJourno: 12:10am On May 23, 2018
Do you know what $16B was worth in 2008 shocked

See ehhhen, if you probe Obasanjo the sky would not fall, the man is dirty and the Father of the modern day corruption we suffer

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by GoodGovernance: 12:22am On May 23, 2018
So where is the power after spending $16 billion?

That is the very elementary question PMB was asking.

No country spent that amount without having 24/7 power.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by Nobody: 12:22am On May 23, 2018
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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by diltstwoods(m): 12:23am On May 23, 2018
joeluv:
How true is the statement that "OBJ's government spent $16 billion on power and had nothing to show for it"?

Fact Checks:

1. By May 1999 when OBJ took office, Nigeria had seven functional power plants generating 1,500 mW daily. These were Kainji, Jebba and Shiroro hydroelectric plants; and Egbin, Afam, Delta and Sapele gas thermal plants.

2. The two coal thermal plants at Orji River and Ijora were non-functional for lack of coal and obsolete equipment.

3. During 1999-2007, the FGN built six gas power plants now supplying electricity to the national grid. They include Afam II (276 mW), Papalanto (330 mW), Geregu (414 mW) and Omotosho (330 mW), all completed by May, 2007.

4. A fifth plant at Alaoji, Delta State (545 mW), was under construction. A sixth plant was under construction at Ikot-Abasi, Akwa-Ibom State (145 mW). It was a state government partnership with the FGN.

5. Also during 1999-2007, six states initiated power projects under the NIPP Program with FGN support (though not partnerships) at: Sapele (Delta State), Egbema (Imo), Ehobor (Edo), Gbaram (Bayelsa), Calabar (Cross-River), and Omoku (Rivers).

6. In the private sector, the Agip oil company built and commissioned a 480 mW thermal plant at Okpai, Delta State.

7. Two hydroelectric projects at Zungeru (Niger State) and Mambilla (Taraba State) were at the design and conception stage by 2007. Construction work started at Zungeru (700 mW) in 2013, to be completed in 2020, while construction work at Mambilla (3,050 mW) started only in 2018.

8. During 1999-2007, the FGN also rehabilitated existing power plants at Kainji, Egbin and Shiroro, which were all performing far below capacity due to accumulated neglect.

9. Also during 1999-2007, the FGN initiated new power transmission projects (though most of them commenced after 2007) and passed into law the Power Sector Reform Act which allowed the privatization of NEPA/PHCN.

Summary:

Today, Nigeria owes at least 2,520 mW of her daily power generation to FGN policies conceived and executed during 1999-2007. That excludes investments in power transmission and distribution, as well as FGN support for NIPP projects which came on stream after 2007.

Conclusion:

OBJ's government has something to show for its power projects. It is left for auditors, engineers and other experts to determine whether $16 billion justifies that achievement.- Dr Nuru Alkali
Thanks for the details . But what you just showed us is the problem we have always been facing. They execute projects but can not balance the sheets when it comes to amounts invested in projects and the value of what is being done. There is a huge deficit and we the masses are the ones at loss . We should join hands to fight this robberies and not doing the opposite.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by Boyooosa(m): 12:26am On May 23, 2018
GavelSlam:
You spent $16 Billion without power but you want us to read a book to explain why.

If na so make we kuku dey produce books.
This comment makes more sense to me than the post itself, even more than the allegator and the alleged himself.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by deomelo: 12:35am On May 23, 2018
joeluv:
How true is the statement that "OBJ's government spent $16 billion on power and had nothing to show for it"?

Fact Checks:

1. By May 1999 when OBJ took office, Nigeria had seven functional power plants generating 1,500 mW daily. These were Kainji, Jebba and Shiroro hydroelectric plants; and Egbin, Afam, Delta and Sapele gas thermal plants.

2. The two coal thermal plants at Orji River and Ijora were non-functional for lack of coal and obsolete equipment.

3. During 1999-2007, the FGN built six gas power plants now supplying electricity to the national grid. They include Afam II (276 mW), Papalanto (330 mW), Geregu (414 mW) and Omotosho (330 mW), all completed by May, 2007.

4. A fifth plant at Alaoji, Delta State (545 mW), was under construction. A sixth plant was under construction at Ikot-Abasi, Akwa-Ibom State (145 mW). It was a state government partnership with the FGN.

5. Also during 1999-2007, six states initiated power projects under the NIPP Program with FGN support (though not partnerships) at: Sapele (Delta State), Egbema (Imo), Ehobor (Edo), Gbaram (Bayelsa), Calabar (Cross-River), and Omoku (Rivers).

6. In the private sector, the Agip oil company built and commissioned a 480 mW thermal plant at Okpai, Delta State.

7. Two hydroelectric projects at Zungeru (Niger State) and Mambilla (Taraba State) were at the design and conception stage by 2007. Construction work started at Zungeru (700 mW) in 2013, to be completed in 2020, while construction work at Mambilla (3,050 mW) started only in 2018.

8. During 1999-2007, the FGN also rehabilitated existing power plants at Kainji, Egbin and Shiroro, which were all performing far below capacity due to accumulated neglect.

9. Also during 1999-2007, the FGN initiated new power transmission projects (though most of them commenced after 2007) and passed into law the Power Sector Reform Act which allowed the privatization of NEPA/PHCN.

Summary:

Today, Nigeria owes at least 2,520 mW of her daily power generation to FGN policies conceived and executed during 1999-2007. That excludes investments in power transmission and distribution, as well as FGN support for NIPP projects which came on stream after 2007.

Conclusion:

OBJ's government has something to show for its power projects. It is left for auditors, engineers and other experts to determine whether $16 billion justifies that achievement.- Dr Nuru Alkali




Well said and fair enough.

....but here is the problem and my issue with OBJ and his kind.

1. He spent $16 billion on power projects and in return, he gave us 2,520MW.

2. The 3,050MW Mambilla power project project stayed on the drawing board for 30 years/Tthrough OBJ's 8 years in office and while the same OBJ spent $16 billion on 2,520MW, PMB is constructing the same 3,050MW Mambilla power project for $5.79 billion, way less than half of the $16 billion OBJ spent on 2,520MW.

3. I'm 110% sure the total cost for the 3,050MW Mambilla power project when OBJ was in power was less than the $5.79 billion we are spending to to build that project today.

4. The question now is, why spend $16 billion on 2,520MW with gas to power them hundreds of miles away instead of $5.79 billion or less on The 3,050MW Mambilla power project with water to power the power plant right there at the source? Why.?

This is just one example and there are many many more examples per how OBJ and the leaders before him goofed and screwed us up when we had the money to provide every MW of power we need.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by joeluv: 12:40am On May 23, 2018
With oBJ we where able to get additional 2520 watts. While the whole military years Nigeria produced just 1500. And yet Buhari is insulting OBJ saying he did nothing. How many watts did abatcha add? Besides power is very capital intensive, Abatcha preferred storing money in Swiss account to investing in power sector.
diltstwoods:

Thanks for the details . But what you just showed us is the problem we have always been facing. They execute projects but can not balance the sheets when it comes to amounts invested in projects and the value of what is being done. There is a huge deficit and we the masses are the ones at loss . We should join hands to fight this robberies and not doing the opposite.
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by joeluv: 12:43am On May 23, 2018
Hope u realize the $16 billon also was used to upgrade transmission lines and a lot of maintainnce. The existing plants where badly maintained during the military days. You can’t add watts without upgrading distribution lines. So the $16 billion is not used for power generation alone. I think u shld wait for completing of mambilla before your start using it to compare. Time would tell
deomelo:





Well said and fair enough.

....but here is the problem and my issue with OBJ and his kind.

1. He spent $16 billion on power projects and in return, he gave us 2,520MW.

2. The 3,050MW Mambilla power project project stayed on the drawing board for 30 years/Tthrough OBJ's 8 years in office and while the same OBJ spent $16 billion on 2,520MW, PMB is constructing the same 3,050MW Mambilla power project for $5.79 billion, way less than half of the $16 billion OBJ spent on 2,520MW.

3. I'm 110% sure the total cost for the 3,050MW Mambilla power project when OBJ was in power was less than the $5.79 billion we are spending to to build that project today.

4. Thew question now is, why spend $16 billion on 2,520MW with gas to power them hundreds of miles away instead of $5.79 billion or less on The 3,050MW Mambilla power project with water to power the power plant right there at the source? Why.?

This is just one example and there are many many more examples per how OBJ and the leaders before him goofed and screwed us up when we had the money to provide every MW of power we need.
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by deomelo: 12:48am On May 23, 2018
joeluv:
Hope u realize the $16 billon also was used to upgrade transmission lines and a lot of maintainnce. The existing plants where badly maintained during the military days. You can’t add watts without upgrading distribution lines. So the $16 billion is not used for power generation. I think u shld wait for completing of mambilla before your start using it to compare. Time would tell




The same ancient and almost obsolete transmission lines that we just borrowed money to fix?

If you have any proof that they spent 1 kobo on transmission lines, please show us proof or leave that issue alone.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by joeluv: 12:52am On May 23, 2018
You have refused to accept that Buhari is ignorant. If in all the military years Nigeria only had 1500 with all the money spent. Why then should Buhari praise Abatcha, that is my own. If OBJ looted and still added over 2000watts. How many watts did Abatcha add with all his looting. That fact that Buhari admiries Abatcha is a cause for worry. The late Sani was not only a dictator, he was a serious kleptomaniac, killer and above all had no interest on the common man. All he wanted was to rule like a king.
deomelo:





The same ancient and almost obsolete transmission lines that we just borrowed money to fix?

If you have any proof that they spent 1 kobo on transmission lines, please show us proof or leave that issue alone.

Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by diltstwoods(m): 12:54am On May 23, 2018
joeluv:
With oBJ we where able to get additional 2520 watts. While the whole military years Nigeria produced just 1500. And yet Buhari is insulting OBJ saying he did nothing. How many watts did abatcha add? Besides power is very capital intensive, Abatcha preferred storing money in Swiss account to investing in power sector.
What we are saying is with $16 billion USD investment in Nigerian power grid over a decade ago, We should not have any problems with power anymore . We should stop celebrating incompetence.
N.B $16 billion USD in 2007 is worth $50 billion USD in 2018 .

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by kolaaderin: 12:55am On May 23, 2018
HIGHESTPOPORI:
All the power stations Nigeria have noe was started by OBJ,u think power is cheap?Buhari has been there for 3years,we stil don't have stable power supply

And OBJ was there for 8years was the power stable after $16B, please find a tokunbo brain to buy and stop talking giblet.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by joeluv: 1:03am On May 23, 2018
Power can not be stable because we consume more power now than we did two decades ago. Thus, the need to add more watts and upgrading. The whole 1990’s and 1980’s was lost to visonless leaders, there was no major investment in the power sector in this period. This is the period we lost it all. That is why we are so backward today. Combined with the kleptomaniac. Behavior of present leaders. It’s a mess
kolaaderin:


And OBJ was there for 8years was the power stable after $16B, please find a tokunbo brain to buy and stop talking giblet.
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by deomelo: 1:17am On May 23, 2018
[s]
joeluv:
You have refused to accept that Buhari is ignorant. If in all the military years Nigeria only had 1500 with all the money spent. Why then should Buhari praise Abatcha, that is my own. If OBJ looted and still added over 2000watts. How many watts did Abatcha add with all his looting. That fact that Buhari admiries Abatcha is a cause for worry. The late Sani was not only a dictator, he was a serious kleptomaniac, killer and above all had no interest on the common man. All he wanted was to rule like a king.
[/s]



So, it's ok to loot as long as you you put any rubbish on the ground right?


This is why I hate going back and forth with your kind, you don't have anything intelligent, sane and rational to offer, just corrupt, crooked and ignorant nonsense.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by obailala(m): 1:20am On May 23, 2018
BigBrother9ja:

Use your brain
It's doesn't make any sense.
Obj is a Shameless old fool thief.
How will his stupìd book explain how he spent the money?
16 billion dollars o

Some of you are just "sentimentally foolish".

Let's say Obj spent that money on wind turbine alone (a giant wind turbine cost about a million dollars. 16b/1m = 16000 wind turbines which can generate about 30,000 mega watts )
It's a big shame because today, NIGERIA CAN NOT EVEN BOAST OF 8000 MEGA WATTS.

Please be sentimental with sense.
Just passing bye... But did I just read that $16billion can build 16000 wind turbines which can produce 30,000mw?.... And you actually think someone else is foolish but this is your own submission?.. that $16billion can produce 30000mw through wind turbines?... lol

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by ststyreal(f): 1:26am On May 23, 2018
GavelSlam:


He spent 16 billion dollars.

It seems you have no idea how much that is.
Forget that thing please! When Obj was supporting him in 2015 no allegation, all was rosy now because he is criticising him(buhari), he suddenly remembers that obj has spent 16 billion whatever...... Definitely, buhari isn't good at politics. He should stop all this revenge politics he is playing. I am not supporting obj neither because all politicians are the same in Nigeria, but he should learn to positively make us of critics for the betterment of this remaining administration and stop been bitter whenever he is opposed.

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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by lastpage: 1:58am On May 23, 2018
doctokwus:
Let Obasanjo submit himself for probe and Buhari submit himself for probe over all the establishments he has headed and his tenure thus far as president and let's see who would come clean.
It's not by 'owning only cows' on paper,not owning mansions on paper or borrowing money to buy presidential form on paper,that maketh a man uncorrupt.

Most people like you from the East, who supported Jonathan and lost, dont like Buhari and dont want him to get a second term.

But at at the same time, you are also tribal bigots who dont like OBJ, because he is a Yoruba man and was instrumental to the fall of Jonathan, in 2015.

Now that Buhari and OBJ have finally fallen out, you are at crossroads on who to support.

But l tell you one thing:
You will end up voting for Buhari (most Igbos in that category grin ) and he will cruise to a second term!
What does that translate to, for you: More herdsmen killings, more Nepotism and marginalisation, possible another Phyton Dance II, e.t.c

You see why l think Buhari is smarter than you give him credit for? undecided grin grin


BTW: What is stoping Buhari from probing OBJ, using the EFCC and DSS or is he just afraid of Baba Iyabo?
I dont like incumbent Presidents cry-crying like babies, on matters they have the Power to resolve.
P
robe OBJ and jail him if you can. He has dared you, Buhari.
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by lastpage: 2:18am On May 23, 2018
ItsMeAboki:
The old overbearing thug is only bluffing - of course you were exonerated by your own (PDP) party dominated NASS who you remotely controlled by constant bullying and even determined its leadership; however, OBJ thinks Nigerian are stupid then let him explain how he became president with only 20K in his bank account and soon after ended up stupendously rich as a multi-billionaire that he is today; what kind of magic did he perform on 20K to turn it to several billions in just 8yrs in office?.

Stop asking silly "aboki-type" questions!

OBJ was President for 8yrs and he earned salary, allowances, Estacodes as the most travelled President, he earned 'patronages', he got kickbacks on TransCorp and other Privitisation projects (with hell Rufai) like NEPA, NICON, Power Plants, e.t.c

You think it is just those '150 cows in Daura' that is producing all the money that Buhari and his family are spending or where did Buhari's osn get the over #40Million to buy those two PowerBikes? angry angry

Certainly, Buhari and OBJ are corrupt and Buhari should probe OBJ now, because when the time for his own probes comes, we will ask him, just like we asked GEJ, why he could not probe OBJ.
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by Nobody: 2:44am On May 23, 2018
GavelSlam:


He spent 16 billion dollars.

It seems you have no idea how much that is.

NNPC under Buhari used 25 billion dollars for shadow contracts, the economy did not feel it. You want to talk? In this regime, the lack of transparency is evidence that democracy left Nigeria in May 2015. It will be restored, by God's grace. Nothing you can do about it.

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