Buhari vows to probe Obasanjo over alleged $16bn power sector expenditure

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President Muhammadu Buhari on Tuesday vowed to probe the $16 billion invested in the power sector by his predecessor in office, Chief Olusegun Obasanjo.

He pledged that every kobo would be recovered and anyone found wanting.
Speaking during an All Progressives Congress (APC) rally in Yenagoa, Bayelsa State, the president stated that he was unrelenting in his chase of treasury looters.

The nation’s first citizen was received by Governor Seriake Dickson before paying courtesy calls on traditional rulers.
Buhari, who addressed a mammoth crowd of party faithful from the eight council areas and youths from the Hausa community in the state, submitted that the daunting challenges notwithstanding, his administration had contained security issues in the North East while the economy was on the path of self-reliance.

His words: “The previous government mentioned on their own that they spent $16 billion on power. But you are better witnesses. Where is the power? Where is the money? We will follow them. God willing, we will catch them and get our money back.

“I don’t have anything new to say outside what people have spoken earlier. But I assure you that in APC government, we take the problems of security, economy and infrastructure seriously and we are also promising that we will make people who occupy executive positions both at the state and federal levels accountable to the people.”

The president expressed satisfaction that the current administration had performed creditably on its campaign promises.

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