Wednesday, May 23, 2018

President Buhari Set To Probe Obasanjo Over $16 Billion Failed Power Project

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President Muhammadu Buhari has hinted in probing former president, He said Obasanjo has questions to answer over the $16 billion power project. Buhari said this on Tuesday when he hosted the Buhari Support Organisation led by Hameed Ali, comptroller-general of the Nigeria Customs Service.
Although he did not mention the name of ex-President Olusegun Obasanjo, Buhari asked “where was the power after a former president claimed to have spent $16 billion on the project?”

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In 2008, the house of representatives had 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.
Two year ago, the Socio-Economic Rights and Accountability Project (SERAP) urged Walter Onnoghen, chief justice of Nigeria, to 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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