Obasanjo spent $16 billion on fake power project – Buhari

Buhari said this on Tuesday when he hosted the Buhari Support
Organisation (BSO) 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?”
“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.
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 years 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.

Buhari told his guest that his government had invested heavily in
He also appealed to Nigerians to live in one accord, narrating his
experiences before he won the 2015 election.
“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.

“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? And again, I went on by telling them that when I was in
uniform, younger and rather ruthless, I got from the president
downward locked up.

“I said you’re guilty, except you prove yourselves innocent. I
myself was locked up and those who misappropriated public funds
were given back what they had taken away. Who did anything
about it?
“Then I decided to come again. I tried one, two, three four times.

God agreed. And the third time I came and met a statesman
outside the supreme court. My chief lawyer was Mike Ahamba,
Roman Catholic and Igbo. He had witnessed in the box and asked
the panel of judges that they should check on certain
constituencies in certain states to bring us our register so that we
can prove that the people that voted there were the people INEC

“They said ‘ah! We shall do it. They said no, you must write it.
They wrote it. Whether to send to NEC or INEC refused them but
when they came to give judgment, this issue was not raised.
Another Igbo man, a Roman Catholic, he said that this is what
happened. He was among the panel of the judges, he wrote a
minority report in my favour. So, why this question of religion and
ethnicity and so on. People are worshipping the dollars, the
sterlings not to even talk of the naira.

“He wrote a minority reports saying this is what we have decided.
But the president of that court was my classmate for six years in
secondary school; he is from my own state.

So, please, we have nothing to regret. Absolutely nothing. Since we
all believe that God works in our hearts not in our talking. God help
us, God help our children and grandchildren.

We will try as much as we can to work and bring this country back
to its senses. God has given Nigeria everything; we are rich in
human and material resources that let us keep praying to God that
He should put people of conscience in charge at all levels.


  1. Thank u

  2. Alright

  3. Ok

  4. OK

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