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.

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.
NAIJ.com 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.

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

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