$16bn Power Project: Obasanjo Dares Buhari


Former president Olusegun Obasanjo has challenged President Muhammadu Buhari or any one else to probe him over the alleged $16 billion spent by his administration on power projects. Obasanjo said this in reaction to President Buhari's query of the power projects on Tuesday.

While hosting a group of campaign supporters led by Ahmed Ali, Comptroller-General of Customs, President Buhari enquired about the final output of the funds spent by Obasanjo's administration to improve power generation in the country.

However, in a statement released by his spokesperson, Kehinde Akinyemi, said President Buhari's query "was based on ignorance."

"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”, he said.

The former president stated that he had no question to answer as he had been cleared by various investigative panels set up by the National Assembly and the Economic and Financial Crimes Commission.

"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."

Obasanjo said the President's answer to the power projects are the seven National Integrated Power Projects and eighteen gas turbines initiated by his administration.

He referred President Buhari to read his autobiography, "My Watch", where he claimed to have dealt with all allegations that arised from the power sector dilemma.

"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."

He, however, fired a salvo, advising the President to tell his aides to provide with him with a summary of his autobiography's contents if he could not read it.

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