Wednesday, 13 February 2019

Olusegun Obasanjo Reacts To Buhari's Threats

Former President Olusegun Obasanjo has reacted to a statement by President Buhari who said he will probe the $16 billion spent on power during the 16-year PDP rule.

According to President Buhari who spoke at the APC presidential rally in Bayelsa state on Tuesday February 12th, there will be probe on all the past governments involed in the $16 billion power project.
Reacting to the statement, Obasanjo through his media aide, Kehinde Akinyemi, said the request for a probe on the power project is borne out of 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.

“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.

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