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234 Naira Forum / NEWS / Buhari: I will recover $16b Obasanjo govt power cash (1 Post | 247 Views)
Buhari: I will recover $16b Obasanjo govt power cash by adminchuck(m) : 10:33 am On Feb 13, 2019
What happened to power sector cash, by ex-president
The President vowed yesterday to recover the $16 billion power funds that went down the drain during former President Olusegun Obasanjo’s administration.
“Where is the power? Where is the money?” the President queried at the Oxbow Lake Pavilion, Yenagoa, Bayelsa State, during the presidential campaign rally of the All Progressives Congress (APC).
He said his administration will go after all those involved in the power deals to recover the money and continue with the ongoing development of critical infrastructure for the common good.
Obasanjo was president on the platform of the Peoples Democratic Party (PDP) from 1999 to 2007. His successor the late President Shehu Musa Yar’Adua launched a probe into the power projects. Many of the equipment got stuck at the ports while the probe lasted.
A mammoth crowd of party faithful thronged the rally for Buhari’s re-election and the election of APC candidates in the state.
Men, women and youths wearing vests and fez caps branded in APC colours were in a carnival mood, singing, drumming and shouting Sai Baba.
President Buhari, who is seeking another term on the APC’s ticket, at the Government House heliport in Yenagoa, was received by Governor Seriake Dickson, his deputy, Rear Admiral John Jonah, Information & Orientation Commissioner Daniel Iworiso-Markson, and other exco members.
Buhari was also welcomed by APC leader and former Governor Timipre Sylva; Minister of State for Agriculture Heineken Lokpobiri and APC state chairman Jothan Amos, among others.
The President and his team, including APC Presidential Campaign Council Director-General and former Rivers State Governor Rotimi Amaechi and some members of the National Working Committee (NWC), proceeded to the secretariat of the State Traditional Rulers’ Council, where the APC candidate held talks with royal fathers, led by Twon Brass monarch Alfred Diette Spiff.
The President was given an Ijaw name, Ebiwari (Good House) by Amos, who referred to him as “a symbol of truth” – to the admiration of the crowd.
President Buhari insisted that those who squandered the power funds would not go scot free.
He said: “You know we are building roads; the railway was virtually killed; we are rebuilding it and there was no power; we are bringing power back. The previous government mentioned on their own that they spent $16 billion for power.
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