Friday, 14 August 2015

Obasanjo to be Probed Alongsde Jonathan...Read Details

From all indications, the immediate past President, Goodluck Jonathan might not be the only one on the hot seat in the instituted probe by the Muhammadu Buhari-led administration.
 
The Senate on Thursday, August 12, constituted a 12-man committee to probe the management of funds allocated to the power sector since 1999 by the administrations of Presidents Olusegun Obasanjo and Goodluck Jonathan.
 
The committee chaired by Senator Abubakar Kyari has four weeks to conclude its assignment.
 
The decision to probe the management of power sector allocations since 1999 was an offshoot of a motion by the Senate Leader, Senator Ali Ndume, on the disconnection of Maiduguri from national power grid.
 
The Senate therefore urged President Muhammadu Buhari to direct  the Transmission Company of Nigeria (TCN) to immediately reconnect Maiduguri to the national grid.
 
It also urged the federal government to complete the Mambilla power project with a view to improving electricity supply in the country.
 
The Senate further condemned the inability of TCN to provide continuous and uninterrupted power supply to all parts of the country.
 
Ndume expressed concern that Nigeria, with the population of over 150 million, boasts of producing ridiculous 4, 600 mega watts whereas South Africa with the population of 52 million produces as many as 40,000 mega watts.
 
He also observed that the disconnection from the national grid and continued erratic power supply across the country had affected economic activities and resulted in the collapse of several industries.
 
The senator further expressed concern that with an installed power generation potential of about 5,000 mega watts, the output being distributed at present is about 1,950 megawatts of energy.

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