Nigerians under the aegis of Young Nigerian Professionals (YNP) have
demanded the National Assembly to probe the $16 billion spending on
power during the administration of President Olusegun Obasanjo from 1999
to 2007.

They also demanded the federal lawmakers to do same to
the regime of late President Umaru Musa Yar’adua, former President
Goodluck Jonathan and the incumbent President Muhammadu Buhari.


a press conference yesterday in Abuja, the Chairman of the forum,
Charles Olufemi Folayan who was flanked by many others said without
probing and bringing those who brought Nigeria down to justice, the
country cannot move forward.

“With just a year to go before the
2020 target of a 40,000 MW for the country, based on the alleged
investment in the proposed power plants, all those who have questions to
answer must be brought forward to explain why the power generation
target has remained unattainable despite the huge investments.

that this will be a very comprehensive investigation, covering
the $16 billion spent by the Obasanjo-led government between 1999
and 2007, the power spending of administrations of Presidents
Umaru Musa Yar’Adua (late), Goodluck Jonathan and the
incumbent, Muhammadu Buhari; we are confident no one will hide under
the excuse of being witchhunted.

“It is high time that
the books are opened, and the way and manner all funds allocated to this
sector were spent are made public; while those who are found wanting
face the wrath of the law.

“We therefore totally support the
resolve of the House of Representatives to investigate and uncover
those behind the ineffective and corruption – ridden investments
in the power sector.

Source:- Dailytrustng


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