Buhari Questions Obasanjo’s $16bn Power Project


President Muhammadu Buhari has said former president Olusegun Obasanjo needs to answer questions over the $16 billion that his administration reportedly spent on the power sector.

Speaking on Tuesday when he received the Buhari Support Organisation, BSO, led by Hameed Ali, comptroller-general of the Nigeria Customs Service at the Presidential Villa, President Buhari demanded to know whether the funds spent on the project had produced the expected output.

Even though he did not directly cite Obasanjo’s name, President Buhari alleged that the former president ruined the railway sector.

“Where was the power after a former president claimed to have spent $16 billion on the project?

“You know the rail was killed and one of the former heads of state was bragging that he spent more than 15 billion American dollars on power. Where is the power? Where is the power?” he asked.

President Buhari also used the occasion to defend his administration’s public spending.

The President stated that his administration had allocated the most funds in recent years and asked anyone with contrary opinion to publicly challenge him at the National Assembly.

“Now, we have to pay debts. This year and last year’s budget had the highest in capital projects: more than 1.3 trillion naira. Let anybody come and confront me publicly in the national assembly,” he said.

Speaking on corruption, President Buhari questioned the contributions of the National Assembly members, especially those who have spent over a decade at the parliament.

The President, who described the state of corruption in the country as a “terrible time”, appealed to Nigerians to remain and rebuild the country.

He said, “What have they been doing? Some of them have been there for 10 years, what have they been doing? I said it about eight years ago that we have no other country than Nigeria. We should remain here and salvage it together no matter what you have outside. Now we get some of the people with houses here and may be in Abuja or somewhere in America and Europe, they swear, some of them to God, that it doesn’t belong to them.

“But their accounts, through the banks, through their companies, it is their own. But they say it’s not their own. This is a terrible time and the people are saying what are we doing? Why can’t you lock them up?”


Gabriel Ntoka

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