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Where is Nigeria's $16bn power project? - Buhari inquires

Where is Nigeria's $16bn power project? - Buhari inquires

- The president has asked for the $16 billion (N5.76 trillion) power plant project authorised by the last three administration

- Buhari made the inquiry at the Presidential Villa on Tuesday, May 22

President Muhammadu Buhari has inquired about the $16 billion (N5.76 trillion) power project authorised by former president Olusegun Obasanjo, Daily Trust reports.

Speaking while receiving members of the Buhari Support Group, led by the comptroller general of the Nigerian Customs Service, Ahmed Ali, the president said he wondered where the power project is since its launch.

Although the president did not mention Obasanjo's name, the former president had during his tenure approved the spending of $16 billion on a power project.

READ ALSO: APC chairman disowns Buhari’s minister, says he never attended any of our meetings since appointment

However, in 2008, the House of Representatives described the $16 billion spent on power as a colossal waste. The lawmakers blamed such 'waste' on poor budget planning and a lack of proper oversight by relevant bodies.

Also, a civil society organisation, Socio-Economic Rights and Accountability Project (SERAP), urged the acting chief justice of Nigeria, Walter Onnoghen, to launch an investigation into the project.

SERAP in a statement issues in 2016 asked the CJN to appoint an independent counsel to investigate allegations of corruption in the spending of $16 billion on electricity by Obasanjo's government.

Legit.ng earlier reported that the federal government is set to establish a nuclear research centre with ROSATOM.

The centre will offer nuclear technology and knowledge, with which insects could be controlled through: Sterile Insect Technique.

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It was also gathered that the centre will mainly benefit Nigeria's agricultural sector especially in the production and safety of groups.

Female aerospace engineer from the Tsaigumi UAV team on Legit.ng TV

Source: Legit.ng

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