Monday , 27 May 2019

“You Have Questions To Answer Over $16Billion Power Projects” – Buhari Tells Obasanjo

President Muhammadu Buhari on Tuesday declared that former President Olusegun Obasanjo has questions to answer over the spending of $16 billion on power project during his administration.

Obasanjo in a letter had criticised Buhari’s administration and advised him not to seek re-election in the 2019 polls

Buhari spoke at the Presidential Villa in Abuja while receiving the Buhari Support Organization led by the Comptroller-General of the Nigerian Customs Service, Ahmeed Ali.

Although Buhari did not mention Obasanjo’s name, he asked “where was the power after a former president claimed to have spent $16 billion on the project.”

The House of Representatives had in 2008 described $16 billion spent on power by Obasanjo’s government as colossal waste, blaming it on “poor budget planning and a lack of proper oversight by relevant bodies.”

The Socio-Economic Rights and Accountability Project had also in 2016 urged the acting Chief Justice of Nigeria, Justice Walter Onnoghen, to immediately appoint an independent counsel to investigate allegations of corruption in the spending of $16 billion on electricity by Obasanjo’s government.

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