Faceoff Between Obasanjo And Buhari Over $16bn Power Project Continues And Other Interesting Headlines Today

There are different captions as to the ongoing controversy between the Presidency and Former President Olusegun Obasanjo. The face-off continued yesterday with Civil Society Groups, Supporters and the EFCC adding salt to the injury currently generated by President Buhari’s comments on Tuesday. THE NATION reports Revealed: Who Got What In $16bn Obasanjo Power Deals. The…”
Yusuf
May 24, 2018 4:35 pm

There are different captions as to the ongoing controversy between the Presidency and Former President Olusegun Obasanjo. The face-off continued yesterday with Civil Society Groups, Supporters and the EFCC adding salt to the injury currently generated by President Buhari’s comments on Tuesday.

THE NATION reports Revealed: Who Got What In $16bn Obasanjo Power Deals. The paper highlights the Companies who got Power Contracts at what Cost and the relevant Amount Paid. The revelation includes the $10.231b expended on Total Project Allocations/estimates for NIPP as at 2007 and $2.08b spent on the projects funded and scrutinized with advance payment guarantees from “First Class” Nigerian Banks and Letters of Credit issued by the Central Bank of Nigeria (CBN).

NIGERIAN TRIBUNE and VANGUARD tell the story of how the Socio-Economic Rights and Accountability Project (SERAP) and the Centre for Anti-Corruption and Open Leadership (CACOL) yesterday to probe the spending of former President on the Power Projects. Its leaders Adetokunbo Mumini and Debo Adeniran urged President Muhammadu Buhari to refer the case to the EFCC and ICPC to set up a fact-finding prove to finally lay to rest the accusations and counter accusations surrounding the situation.

THE PUNCH and GUARDIAN have the same lead with the headline; Killings: N’Assembly Set To Approve Special Funding For Security Agencies with the rider Senate Asks Military, Police, DSS, Others To Send In Requets. Rising from a security engagement with security agencies at the Senate plenary yesterday, the lawmakers asked the security agencies to forward their requests for special funding within two weeks for approval.

Here are the Other Headlines For Today:

DAILY SUN & DAILY INDEPENDENT – National Convention Power Play 2019: APC Moves Against nPDP Group; removes aggrieved members from committees.

NEW TELEGRAPH – How Soldiers Starved, Raped Women In IDP Camps – Amnesty International

 

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