• Contact Us
  • About Us
Thursday, July 9, 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

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

World Bank Approves $27m Performance-Based Grants For 20 Nigerian States

Ekpo Blames Economic Managers For Nigeria’s Inability To Achieve Sustained Economic Growth

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

Elumelu Meets Tinubu In Aso Villa, Says President’s Policies For Nigerians’ Interests
Economy

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

July 1, 2026
Economy

World Bank Approves $27m Performance-Based Grants For 20 Nigerian States

July 1, 2026
Households Earning Less Than N250,000 Or Less Monthly Won’t Pay Tax-Oyedele
Economy

Ekpo Blames Economic Managers For Nigeria’s Inability To Achieve Sustained Economic Growth

July 1, 2026
IMF
Economy

Concerns As IMF Official Says Nigeria’s Unreported Spending Equals 2% Of GDP

July 1, 2026
Next Post

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

Egypt File Complaint Against Referee After Controversial World Cup Exit

Egypt File Complaint Against Referee After Controversial World Cup Exit

July 9, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

Senate Committee To Vote On Bill To Tighten US Ban On Chinese Vehicles

July 9, 2026
US judge Approves Elon Musk Settlement With SEC Despite Misgivings, ‘Red Flags’

US judge Approves Elon Musk Settlement With SEC Despite Misgivings, ‘Red Flags’

July 9, 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