Minority Leader Godwill Akpabio (left); Senator
Danjuma Goje; President Muhammadu Buhari; Senate Chief Whip Olusola
Adeyeye, Senator Abdullahi Adamu and Senator Kabiru Marafa at
the State House Abuja…yesterday.
• You’re ignorant, I’m ready for
probe, ex-leader tells president
President Muhammadu Buhari came hard on former President Olusegun Obasanjo, yesterday, accusing him of “bragging” he spent $16 billion on the power sector without anything to show for it.
President Muhammadu Buhari came hard on former President Olusegun Obasanjo, yesterday, accusing him of “bragging” he spent $16 billion on the power sector without anything to show for it.
Buhari bared his mind while
receiving members of the Buhari Support Organistion (BSO), led by
Comptroller-General of Customs, Col Hameed Ali, who visited him at the
Presidential Villa, Abuja.
He described those who have
mismanaged the economy through fraudulent electricity projects and misuse of
revenue earnings from oil as having no love for the country.
He urged Nigerians to remain
vigilant and ensure only people of good conscience are put in charge of
governance at all levels as the nation prepares for general elections in 2019.
Buhari said the debt incurred from
the $16 billion Obasanjo claimed to have spent is now being paid by his
administration, noting that he made the highest capital allocations ever in the
2017 and 2018 budgets.
“You know, the rail was killed, and
one of the former Heads of State between that time was bragging that he spent
more than 16 billion American dollars, not naira, on power. Where is the power?
Where is the power?” the president asked.
He alleged that though the nation
recorded huge profits from the sale of crude oil when the Peoples Democratic Party
(PDP) was in power, nothing was left in the treasury when he came on board 16
years after.
He also took up members of the
National Assembly, accusing them of doing nothing, even though some of them
have spent over a decade in the federal legislature.
“We have to pay the debts. And this
year’s and last year’s budgets I took to the National Assembly were the highest
in capital projects, more than N1.3 trillion. Let anybody come and confront me
publicly in the National Assembly. What have they been doing? Some of them have
been there for 10 years,” he said.
The president furthermore disclosed
why he agreed to work with former Head of State, General Sani Abacha, despite
negative perceptions about the late dictator.
He said: “Between 1999 and 2014,
Nigeria was getting 2.1 million barrels per day at an average cost of $100 per
barrel. It went up to $143. So, Nigeria was earning 2.1 million times 100 times
16 years, seven days a week. When we came, it collapsed to $37-$38, and it was
oscillating between $40 and $54 sometimes. I went to the Governor of Central
Bank. Thank goodness I did not sack him. He is still there. I went with my cap
in my hand and said, ‘Oya.’ He said there were no savings, only debts. And you
know more than I do.
“The condition of the roads…and some
of them were not repaired since PTF (Petroleum Fund Trust) days. No matter what
opinion you have about Abacha, I agreed to work with him. And we did PTF roads
from here to Port Harcourt, to Onitsha, to Benin and so on, and on top of other
things, education, medical care and so on.”
On corruption among public office
holders, Buhari said: “Now, we get some of the people with houses here and
maybe in Abuja or somewhere in America and Europe. They swear, some of them to
God, saying they don’t belong to them. But from their accounts, through the
banks, through their companies, it is their own. But they say it’s not theirs.
“This is a terrible time. The people
are asking what we are doing. ‘Why can’t you lock them up?’ I went on by
telling them what I did when I was in uniform, younger and rather ruthless. I
got from the president downward. I locked them up in Kirikiri. I said, ‘You’re
guilty, except you prove yourselves innocent’.”
He, however, regretted his failed
effort at combating the menace, saying: “I myself was locked up and those who
misappropriated public funds were given back what they had taken away. Who did
anything about it?”
The president urged Nigerians to
reject persons bent on dividing the country along religious and ethnic lines,
stressing: “We do not have any other country. We will remain here and salvage
it together.”
In his remarks, Ali said the group
and majority of Nigerians are passionate about a second term for Buhari because
of his integrity, honesty, love and patriotism.
He noted that the president has
entrenched fiscal discipline and prudent management of resources, improved the
nation’s security and delivered on his promise to revamp agriculture as a major
revenue earner for the country.
Meanwhile, Obasanjo said yesterday
that the position of Buhari was based on ignorance, adding that he was relying
on the unsubstantiated allegations against him by the then leadership of the
House of Representatives over the project. The former president who said this
through his media aide Kehinde Akinyemi , said that a lack of proper
understanding prompted Buhari to make his comment .
He said: “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 wrongdoing 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 were spent on
power generation, transmission and distribution between June 1999 and May 2007
without commensurate result.
“We recommend that the president and
his co-travellers should read chapters 41, 42, 43 and 47 of My Watch for Chief
Obasanjo’s insights and perspectives on the power sector and indeed what
transpired when the allegation of $16 billion on power projects was previously
made. If he cannot read the three-volume book, he should detail his aides to do
so and summarise the chapters in a language that he will easily understand.
“In the same statement credited to
the president, it was alleged that there was some bragging by Chief Obasanjo
over $16 billion spent on power. To inform the uninformed, the so-called $16
billion power expenditure was an allegation against Chief Obasanjo’s
administration and not his claim. The president also queried where the power
generated is. The answer is simple: The power is in the seven National Integrated
Power Projects and eighteen gas turbines that Chief Obasanjo’s successor who
originally made the allegation of $16 billion did not clear from the ports for
over a year and the civil works done on the sites.”
“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.”
0 Comments