Buhari Vows To Recover $16bn Power Funds Spent By Obasanjo Govt
President Muhammadu Buhari (Photo Credit: Punch)

President Muhammadu Buhari has vowed to recover the $16 billion spent on power during former President Olusegun Obasanjo’s administration.

The President made the promise during the presidential campaign rally of the All Progressives Congress (APC), at the Oxbow Lake Pavilion, Yenagoa, Bayelsa State, on Tuesday.

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Buhari said his administration will go after all those involved in the power deals to recover the money and continue with the ongoing development of critical infrastructure for the common good.

Earlier, President Buhari at the Government House heliport in Yenagoa, was received by Governor Seriake Dickson, his deputy, Rear Admiral John Jonah, Information & Orientation Commissioner Daniel Iworiso-Markson, and other exco members.

Buhari was also welcomed by APC leader and former Governor Timipre Sylva, Minister of State for Agriculture Heineken Lokpobiri and APC state chairman Jonathan Amos, among others.

The President and his team, including APC Presidential Campaign Council Director-General and former Rivers State Governor Rotimi Amaechi and some members of the National Working Committee (NWC), proceeded to the secretariat of the State Traditional Rulers’ Council, where the APC candidate held talks with royal fathers, led by Twon Brass monarch Alfred Diette Spiff.

President Buhari insisted that those who squandered the power funds would not go scot free.

He said: “You know we are building roads; the railway was virtually killed; we are rebuilding it and there was no power; we are bringing power back. The previous government mentioned on their own that they spent $16 billion for power.

“But you are better witnesses than myself; where is the power? Where is the money? We will follow them and eventually, God willing we will get them and we will get our money back.”

The President promised that the APC administration under him will continue to tackle seriously security, economy, infrastructure and corruption.

He said: “We are also promising that we will make people who occupy executive positions both in federal and state levels to be accountable to the people. If you could recall when I came in 2015 under our great party, the party articulated three issues on which we campaigned and were voted in.

“These are security, economy and fighting corruption. On security, the people of the Northeast are the biggest witnesses of what we achieved because when we came, at least 17 local governments were under Boko Haram. As I speak now, none is under them. But they resorted to train the young men and women, wrap them up with explosives and ask them to explode it in churches, mosques, market places and in motor parks. That is even rare now.

“On economy, when we came in we had very high importation of food stuff. We thank God that in the three previous raining seasons,we realised bountiful harvests. The government’s contribution was to make fertiliser and other agricultural inputs available. That took away many able-bodied persons out of unemployment.

“On fighting corruption, under this system, it is very difficult. But I keep mentioning wherever I go that all those who have account to give should prepare to account for it. Those that are indicted were taken before the court and a number of them are in jail and a number of their properties had been taken away to be sold and put in the treasury to continue with infrastructure.”

The President praised the party leaders, saying the APC was stronger and that its strength would be tested in the forthcoming elections.

Sylva said the APC remained the stronger party in the state and thanked the President for assisting in payment of workers’ salaries through bailouts.

The former governor said the Ijaw people could be forgiven the last time for not voting President Buhari because their son contested the election against him; they had no reason not to vote for him in the coming election.

He accused the state government of spending N120 billion to build an airport without disclosing the contractor’s identity.