Alternative Africa

Top Menu

  • Home
  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

Main Menu

  • Home
  • Arts & Culture
  • Business
  • Environment
  • Politics
  • Sports
  • Reports
    • Africa-Observers
      • Read Reports
      • Submit a story
  • MORE
    • Health
    • News Now
    • World
    • Technology
Sign in / Join

Login

Welcome! Login in to your account
Lost your password?

Lost Password

Back to login
  • Home
  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

logo

Alternative Africa

  • Home
  • Arts & Culture
  • Business
  • Environment
  • Politics
  • Sports
  • Reports
    • Africa-Observers
      • Read Reports
      • Submit a story
  • MORE
    • Health
    • News Now
    • World
    • Technology
  • Nigeria announces new ambassadors to UK, US, others

  • A third of covid-19 patients readmitted to hospital with heart problem-Study

  • Egypt signs agreement for $23 billion first high-speed electric train

  • Doctor shares shocking image of Covid-19 damaged lung, worse than smokers

  • Joe Biden to prioritize legal status for millions of immigrants

News Now
Home›News Now›Obasanjo says $16billion spent on National Integrated Power Projects, 18 gas turbines rotten at the ports for over a year

Obasanjo says $16billion spent on National Integrated Power Projects, 18 gas turbines rotten at the ports for over a year

By alternativeafrica
May 22, 2018
640
0
Share:

 

Ex Nigerian President Olusegun Obasanjo

London, May 22, 2018 (AltAfrika)-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.

“The President also queried where the power generated. 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power is in the seven National Integrated Power Projects and eighteen gas turbines that Chief Obasanjo’s successor who originally made the allegation of $16 billion did not clear from the ports for over a year and the civil works done on the sites.” Obasanjo replied in a statement

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.”

In the statement by his media aide, Kehinde Akinyemi, the former President described Mr. Buhari’s claim as not only ignorant but  unsubstantiated.

Obasanjo  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.

“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.”

SHARE ON:
Previous Article

Nigeria: Estate agent docked over N8m land ...

Next Article

Nigeria: Reps seek N500bn recapitalisation for Fed. ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

alternativeafrica

Related articles More from author

  • News NowWorld

    Strike over new transport taxes brings Haiti to a halt

    September 19, 2017
    By alternativeafrica
  • AfricaNews Now

    Ex-Zimbabwe mayor arrested with 120kg of ivory

    March 10, 2019
    By alternativeafrica
  • News Now

    Ex vice chair, Conservative party, Nigerian born Kemi Badenoch appointed Children and Families Minister

    July 30, 2019
    By alternativeafrica
  • News NowPolitics

    Former Congolese warlord Bemba gives reasons to stand in presidential vote

    July 25, 2018
    By VJ Africa
  • HealthNews NowWorld

    The wait is over: UK becomes first country to approve coronavirus vaccine for use

    December 2, 2020
    By alternativeafrica
  • AfricaNews Now

    Foreign military bases are threat to East Africa-Report

    May 19, 2019
    By alternativeafrica

Leave a reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You might be interested

  • AfricaBusinessNews Now

    Kenya issues fishermen smart ID cards to combat illegal fishing

  • AfricaBusinessNews Now

    Uganda detains three Kenyan fishermen for trespassing

  • BusinessNews Now

    Egypt offers citizenship to foreigners for $400,000

Timeline

  • January 18, 2021

    Nigeria announces new ambassadors to UK, US, others

  • January 18, 2021

    A third of covid-19 patients readmitted to hospital with heart problem-Study

  • January 18, 2021

    Egypt signs agreement for $23 billion first high-speed electric train

  • January 18, 2021

    Doctor shares shocking image of Covid-19 damaged lung, worse than smokers

  • January 17, 2021

    Joe Biden to prioritize legal status for millions of immigrants

  • Popular

  • Comments

  • Lagos govt confirms first case of deadly coronavirus infection in Nigeria

    By alternativeafrica
    February 28, 2020
  • Keynote Address of President Nana Addo Dankwa Akufo-Addo at 2018 Oxford Africa Conference

    By PSJ Africa
    May 14, 2018
  • Morocco begins regional integration by connecting Casablanca Airport with High Speed Train

    By alternativeafrica
    January 4, 2020
  • Kenyan govt pressure Facebook for data on Kenyan users

    By alternativeafrica
    November 20, 2019
  • Nigeria: 32,000 capacity Lagos rice mill to start production in 2020

    By alternativeafrica
    December 23, 2019
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail – Future agricultures
    on
    October 16, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail - The Zimbabwean
    on
    October 12, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • Ethiopia joins Africa's Artificial Intelligence revolution | Alternative Africa
    on
    October 2, 2020

    Spending on Artificial Intelligence Systems in Africa, Middle East to top $374 million in 2020

    […] Many African countries ...
  • The 5 most popular Africans 2020
    on
    September 25, 2020

    Celebrating Congolese doctor Jean-Jacques Muyembe, the man behind breakthrough of Ebola cure

    […] Dr. Jean-Jacques Muyembe ...
  • Millitants in Central Mali Set Jail Ablaze in Attack Killing Two | taktik(z) GDI (Government Defense ...
    on
    August 11, 2020

    Fifteen gendarmes killed in another attack on Mali camp

    […] attack fol­lowed a January ...
AlternativeAfrica.com is an independent Pan African News Website dedicated primarily to influencing the negative narratives about Africa. We hope to do this by focusing and showcasing the many developmental strides sweeping across the continent.

Read more >>>

Contact Info

  • 22 Laburnum Court, Laburnum Road, Mitcham London, CR4 2NA, United Kingdom
  • +44(0)2036320939 | +44(0)7535019197 | +44(0)7305356327
  • info@alternativeafrica.com
  • Recent

  • Popular

  • Comments

  • Nigeria announces new ambassadors to UK, US, others

    By alternativeafrica
    January 18, 2021
  • A third of covid-19 patients readmitted to hospital with heart problem-Study

    By alternativeafrica
    January 18, 2021
  • Egypt signs agreement for $23 billion first high-speed electric train

    By alternativeafrica
    January 18, 2021
  • Doctor shares shocking image of Covid-19 damaged lung, worse than smokers

    By alternativeafrica
    January 18, 2021
  • Lagos govt confirms first case of deadly coronavirus infection in Nigeria

    By alternativeafrica
    February 28, 2020
  • Keynote Address of President Nana Addo Dankwa Akufo-Addo at 2018 Oxford Africa Conference

    By PSJ Africa
    May 14, 2018
  • Macron in Ivory Coast to launch anti-terrorism academy

    By alternativeafrica
    December 21, 2019
  • Kenyan govt pressure Facebook for data on Kenyan users

    By alternativeafrica
    November 20, 2019
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail – Future agricultures
    on
    October 16, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail - The Zimbabwean
    on
    October 12, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • Ethiopia joins Africa's Artificial Intelligence revolution | Alternative Africa
    on
    October 2, 2020

    Spending on Artificial Intelligence Systems in Africa, Middle East to top $374 million in 2020

    […] Many African countries ...
  • The 5 most popular Africans 2020
    on
    September 25, 2020

    Celebrating Congolese doctor Jean-Jacques Muyembe, the man behind breakthrough of Ebola cure

    […] Dr. Jean-Jacques Muyembe ...

Photostream

    Follow us

    • Home
    • About Us
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © Copyright Alternative Africa 2019. All rights reserved.