WailingWailer00:

Get your facts right bro, let's see links to your purported statements

chukwudi44:
Obasanjo would not like this news!!!! The old fool embezzled $16 billion of our hard earned money meant for the power sector.

winterfell007:
When Obj concieved the power sector reform act, he politicised the whole process from the onset. Obj withdrew 16 billion dollar from the excess crude account to finance the construction of these power plant. He constructed the phase one of Omotosho 335 megawatts in Ondo, Olorunshugo 33dmegawatts in Ogun, Geregu 414 megawatts in Kogi and Afam II 250 megawatts in Rivers. Obj intended to coerce the oil majors such as: Shell, Total AGip and Mobil to build thousands of Kilometers of gas pipelines all the way from the Niger Delta to Western Nigeria to supply those plants with fuel. that made no sense to oil majors, spending millions of dollars building pipelines that was highly susceptible to vandalism and theft. They tried to convince Obj to build these power plants in eastern Nigeria where there are known gas reserves and then build the transmissions lines to western Nigeria because it was less expensive and easier to police. Obj fearing the easterner could take advantage of it to start industralising blantantly refused. He decided to contract the Nigeria Gas Company (NGC) to build the pipelines. I'm not sure they started it. This neccesiated the National Assembly to raise eyebrow about the reliabilty and price tag of the projects. Ya'ardua subsequently came in only to suspends these projects oweing to these allegations made by Elumelu and the NA. GEJ came he did his best to bring in some form of transparency. He re-organised the NDPHC into a full fleged agency with a competent management under the leadership of Olutu to head the agency. GEJ subsequently convinced the NA on d need to restart the phase two of these projects as planned by OBJ. FG, state and local govt. Began contributing a quota of their monthly allocation to NDPHC which realised close to 8 billion dollars thatnks to oil price as at then.NDPHC began constructing phase two of omotosho II 500 megawatts, Olorunshugo II 750 megawatts Geregu 434 megawatts and Afam III. In addition to that, GEJ instructed that new power plants be built at Alaoji 1000 megawatts in Abia, Gbarain 255 megawatts in Bayelsa and Egbema 335 megawatts in Imo. These are areas with known gas reserves as confirmed by the oil majors. GEJ also instructed the construction of new transmission lines and distribution to be able to evacuate this new quatum of power. Ngozi Iweala went to europe to secure a one billion dollar eurobond to build the longest gas pipeline in Nigeria connecting the entire power plants (both built by Obj and Gej). My only problem with GEJ was that he didn't probe the initial 16 billion dollars used by Obj as alleged by Elumelu. This is for those who really want to know the truth not for lazy readers. Thanks

chukwudi44:

Booted out indeed!! You still have the chief culprit of the power sector fraud Obasanjo acting as special adviser to the APC

Jonwesley:
Look at what this man is saying, he has no conscience at all. The same Elumelu, while as chairman of the power probe connived with the same cable and was paid a handsome kick back to contrive the outcome of the probe. He was exposed in the scam and arrested by the EFCC for corruption to which he is still standing trials till today I think. Now he is opening his mouth to say what happened or transpired but couldn't do it when the whole country was banking on him to do the needful. He is an embarrassment to Nigeria and should keep his mouth shut

dokunbam:


at least let us start somewhere.

Let the relevant agencies start the probe.
Any body found wanting should be locked up

I trust baba, dinning with OBJ doesn't mean he wont probe him

Baba said he is for nobody, that means i no dey look UCHE face

bigbonecrush:
Shameful and disgraceful corruption with impunity of PDP is beyond words!

Classcaptain1:
fooooooooooooool

chukwudi44:

Bloody liar!!! The $16 billion have been confirmed by the investigative panel to have been embezzled!!! No projects were commissioned with the money by GEJ. The projects commissioned by GEJ was from another fund

chukwudi44:

It is not PDP that embezzled the money, It is the current APC adviser Obasanjo that embezzled the money

Bevista:
16 years of PDP government is the WORST period this country has ever witnessed.

May God/Allah bless Nigerians for sending that evil party to where it belongs - HELL!

chukwudi44:

Obasanjo has already been probed and indicted for the embezzlement of $16 billion meant for the power sector!!! The only left is his prosecution and despatch to Kirikiri

obailala:

I hope you are not trying to deceive the gullible with your diversionary question?....

This was the findings of the senate committee presently investigating the expenditure. Besides, this is not the first time this story is being told.
http://www.dailytrust.com.ng/news/general/nigeria-spent-n2-7tr-on-power-in-16-years/110055.html
http://www.leadership.ng/business/459605/nigeria-spent-n2-7trn-power-generation-in-16-years
http://www.punchng.com/news/fg-spends-n2-7tn-on-power-in-16-years/
http://www.nigeriannewspapers.today/nigeria-blew-n2-7trn-on-2-850mw-of-power/
https://africacheck.org/reports/nigeria-does-generate-more-electricity-now-than-it-did-15-years-ago/

N2.7Trillion loosely translates to about $16.9billion dollars (at an exchange rate of N160 to $1 which was the highest prevalent at the time).

Total therefore is:
$16.9billion + $8.34billion = [size=13pt]$25.24billion[/size] Spent for a paltry 2850mw


Now here is what China did with an equivalent sum, 22,500mw
http://www.dailymail.co.uk/news/article-2178951/Three-Gorges-Worlds-powerful-dam-opens-China-gushing-water-generates-power-15-nuclear-reactors.html
https://en.wikipedia.org/wiki/Three_Gorges_Dam

https://www.youtube.com/watch?v=b8cCsUBYSkw

winterfell007:
When Obj concieved the power sector reform act, he politicised the whole process from the onset. Obj withdrew 16 billion dollar from the excess crude account to finance the construction of these power plant. He constructed the phase one of Omotosho 335 megawatts in Ondo, Olorunshugo 33dmegawatts in Ogun, Geregu 414 megawatts in Kogi and Afam II 250 megawatts in Rivers. Obj intended to coerce the oil majors such as: Shell, Total AGip and Mobil to build thousands of Kilometers of gas pipelines all the way from the Niger Delta to Western Nigeria to supply those plants with fuel. that made no sense to oil majors, spending millions of dollars building pipelines that was highly susceptible to vandalism and theft. They tried to convince Obj to build these power plants in eastern Nigeria where there are known gas reserves and then build the transmissions lines to western Nigeria because it was less expensive and easier to police. Obj fearing the easterner could take advantage of it to start industralising blantantly refused. He decided to contract the Nigeria Gas Company (NGC) to build the pipelines. I'm not sure they started it. This neccesiated the National Assembly to raise eyebrow about the reliabilty and price tag of the projects. Ya'ardua subsequently came in only to suspends these projects oweing to these allegations made by Elumelu and the NA. GEJ came he did his best to bring in some form of transparency. He re-organised the NDPHC into a full fleged agency with a competent management under the leadership of Olutu to head the agency. GEJ subsequently convinced the NA on d need to restart the phase two of these projects as planned by OBJ. FG, state and local govt. Began contributing a quota of their monthly allocation to NDPHC which realised close to 8 billion dollars thatnks to oil price as at then.NDPHC began constructing phase two of omotosho II 500 megawatts, Olorunshugo II 750 megawatts Geregu 434 megawatts and Afam III. In addition to that, GEJ instructed that new power plants be built at Alaoji 1000 megawatts in Abia, Gbarain 255 megawatts in Bayelsa and Egbema 335 megawatts in Imo. These are areas with known gas reserves as confirmed by the oil majors. GEJ also instructed the construction of new transmission lines and distribution to be able to evacuate this new quatum of power. Ngozi Iweala went to europe to secure a one billion dollar eurobond to build the longest gas pipeline in Nigeria connecting the entire power plants (both built by Obj and Gej). My only problem with GEJ was that he didn't probe the initial 16 billion dollars used by Obj as alleged by Elumelu. This is for those who really want to know the truth not for lazy readers. Thanks

byrron:
You sent PDP packing and then embraced criminals from the same PDP and even the PDP grand Patron of all thieves by name OBJ who used $16BN to generate more darkness instead of electricity in Nigeria is now a celebrity in this change administration?

Focusing attention on the name of a party rather than the people in the party is also part of my definition for madness and amnesia.

Bevista:
Sending PDP packing meant something a lot more than bringing a new party. It was significant because there exist now the fear of Power Change at the center. PDP was becoming lethargic and they took it for granted that no matter how they performed they will be back in power. If they had any fear of power change, I believe they would have conducted their affairs a lot better.

Now, APC or any party knows that the Presidency is not a given. They know that Nigerians will give their verdict with their vote in 4 years time.

obailala:
Stop being a blind black man....

Nigeria spent over $25billion in 16 years and generated only 2,850mw, Brazil spent $12billion and generated 12,000mw and china spent $26billion and generated 22,500mw. This is what any wise person should be ruminating on and not whether Emulewu took bribe or not.

WailingWailer00:

May God in heaven and devil in hell punish wailingwailer00, his family and his generation

Bastard

Toosure70:
PDP, May God punish PDP and their supporters. I know the flat head people will quote me. Quote me and go hell fire o.

jimi4us:
Mr seun I want to draw your attention to my mumu message. Thank you

Unemadu:

Dont mind that Flat head OBJ

byrron:



Go and read my first response to you and understand my point.

The name of a party is irrelevant in Nigeria rather the people in the party are the ones that ruined the nation and not the name of the party that is why u have well known criminals moving from one political party to the other because people don't hold them accountable for their past deeds while in their former political party before becoming born again in a new party.

APC can change their name tomorrow and tell u that APC is evil and people will brainlessly follow them in that line of reasoning rather than letting them know that they are the evil while in APC as a political party.

Look at all the looting under OBJ who was a PDP president for good 8 years and today the same OBJ is now a saint and is now saying that PDP is evil so who is the fool here? The gullible Masses.

Bevista:
16 years of PDP government is the WORST period this country has ever witnessed.

May God/Allah bless Nigerians for sending that evil party to where it belongs - HELL!

mauriceju2:
but those PDP guys are now in APC what do you say about that? Amechi was there for 15yrs and many others too, many are about to join too, is it not the same?