Nigeria: Obasanjo - I Spent $6.5bn On Power (This Day)

Former president, Chief Olusegun Obasanjo, is opening up this morning on the amount spent on the power sector by his administration from 1999 to 2007.

Author: gishola
Mon May 12 14:47:35 2008

Now the real facts and figures are coming out. The actual amount including letters of credit IS $6.5b and the power increase during the periopd was 2000MW. One wonders what really was behind President Yar'Adua's $10b expenditure on power with no power increase to show for the amount spent by Obasanjo's administration. Could President Yar'Adua not have obtained this facts from records or could he not have discussed it with Obasanjo before making such a damaging and unbefitting statement? If anything has been learned from this power probe crisis it is the fact that THE LACK OF CONTINUITY IN GOVERNANCE WHICH HAS BEEN DEMONSTRATED BY THE PRESENT ADMINISTRATION IS THE BANE OF PROGRESS IN NIGERIA. To continue the propaganda as seemingly started by President Yar'Adua, the power spending was inflated to $16b by the corrupt politicians using the media all over the country to VERY VERY UNJUSTLY DISCREDIT THE CLEANEST, MOST PATRIOTIC AND MOST CARING FOR THE COUNTRY AND THE BEST LEADER THE COUNTRY EVER EVER HAD. OBASANJO, AS HAS BEEN FOUND OUT, IS PROBABLY, THE ONLY AFRICAN NATIONALIST IN THE COUNTRY AND HE IS, WITHOUT ANY DOUBT, COMPLETELY DETRIBALIZED UNLIKE ABOUT 90% OF THE PRESENT POLITICIANS IN THE COUNTRY. TRUTH IS PERENNIAL!





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