Buhari Announce That The $16 Billion Obasanjo Spent On Power Project Will Be Probed


President Muhammadu Buhari has reiterated his resolve to probe the $16billion spent on the unsuccessful power project by the administration of former President Olusegun Obasanjo.

Buhari aforesaid his government would do everything doable to recover the cash and uncover those behind the scam.

He expressed this on Tuesday whereas speaking in Yenagoa, the Bayelsa city, throughout the All Progressives Congress (APC) presidential campaign rally.

Although he did not mention Obasanjo, Buhari said: “The previous government mentioned on their own that they spent $16billion on power, but you are better witnesses than myself; where is the power? Where is the money? We will follow them; eventually, God willing, we will catch them and get our money back.”

The Nigerian government was reported to have spent N16billion on power projects between 1999 and2007 when Obasanjo was in power.

Meanwhile, Kehinde Akinyemi, the media aide to Obasanjo, says his principal is ready for the probe and would make himself available anytime.

Akinyemi said: “It is no more news. We are already expecting that. Since last year, Baba (Obasanjo) had said he would make himself available for the probe.


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