• Contact Us
  • About Us
Thursday, May 28, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Power outage: Group hails Buhari’s plan to probe 16 billion dollar failed power project

metro by metro
March 13, 2019
in Economy
0
0
SHARES
0
VIEWS

ObasanjoThe Southern Nigeria People Mandate (SNPM), a Non-Governmental Organisation, has hailed President Muhammadu Buhari on his plan to probe the 16 billion-dollar investment in the power sector by past administrations.

The project spanned through the administration of former President Olusegun Obasanjo.

Read Also

World Bank Limits Instagram Comments Over Nigerians Negative Reactions To FG’s Latest Loan Plan

Nigeria’s Inflation Rises To 15.69% As Costs Of Food, Transport, Others Increase 

Tinubu Says Nigeria Will Spend About $11.6bn On Debt Servicing In 2026, Insists Country Will Continue To Borrow Responsibly

The President of SNPM, Mr Augustine Chukwudum, in a statement in Enugu on Wednesday also called on Buhari to  probe 20 billion dollars allegedly misappropriated by former President Goodluck Jonathan’s administration when Emir Lamido Sanusi of Kano was governor of Central Bank of Nigeria (CBN).

He alleged that Sanusi was removed from office because he raised the alarm concerning how 20 billion dollars was moved by the administration.

“We want President Muhammadu Buhari to march his word with action because during 20l5 and 20l9 campaigns, he promised to fight corruption.

“Nigerians will not be happy with him if he fails to probe and recover these monies,’’ he said.

According to him, these monies totalling 36 billion dollars, if recovered by the government will prove to Nigerians that there is no sacred cow.

“This time, Buhari’s administration must prove to the world that he is serious in fight against corruption.

“SNPM demands that Buhari should use every power within him as president to recover all these monies; while anybody culpable must be punished.

“Let every right thinking Nigerian support Buhari on this wonderful plan,’’ Chukwudum said.

Tags: Olusegun Obasanjo
Previous Post

Youths want Sanwo-Olu to sustain Lake Rice innitiative

Next Post

Absence of prosecution witness stalls trial of Alao-Akala, others

Related Posts

World Bank
Economy

World Bank Limits Instagram Comments Over Nigerians Negative Reactions To FG’s Latest Loan Plan

May 15, 2026
Amid Tight Monetary Policy Measures, Nigeria’s Inflation Rises To 21.82% 
Economy

Nigeria’s Inflation Rises To 15.69% As Costs Of Food, Transport, Others Increase 

May 15, 2026
President Tinubu Addresses Joint Sitting Of NASS Wednesday, May 29, 2024.
Economy

Tinubu Says Nigeria Will Spend About $11.6bn On Debt Servicing In 2026, Insists Country Will Continue To Borrow Responsibly

May 13, 2026
Debt Management Office
Economy

DMO Announces ₦600bn FGN Bond Auction For May 2026

May 13, 2026
Next Post

Absence of prosecution witness stalls trial of Alao-Akala, others

AFRICA IS NOT WAITING

May 25, 2026
Equip Auto SAS France Expands Into  SSA With Launch Of Equip Auto Côte d’Ivoire Expo 

Equip Auto SAS France Expands Into  SSA With Launch Of Equip Auto Côte d’Ivoire Expo 

May 25, 2026
Trump Swears In Warsh To Lead US Federal Reserve

Trump Swears In Warsh To Lead US Federal Reserve

May 22, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version