Archive Nigeria: Senate to probe Goodluck Jonathan, previous administrations for...

Nigeria: Senate to probe Goodluck Jonathan, previous administrations for mismanaged funds in power sector


- Advertisment -

Nigeria’s Senate formed an ad-hoc committee yesterday to probe the administrations of former presidents Goodluck Jonathan, Umaru Yar’adua and Olusegun Obasanjo. The 13-member committee will investigate their management of funds dispensed to Nigeria’s power sector.

Nigeria has the largest economy on the continent, but Nigeria still suffers from widespread corruption and poverty. About two-thirds of people living in Nigeria have no access to constant electricity, which has stunted economic growth. However, the Nigerian government has spent billions of dollars on the power sector over the years. The new Senate committee will probe whether corruption and graft has blocked Nigerians from receiving adequate power supply.

Since Nigeria returned to democracy in 1999, the country’s leadership has spent $29.635 billion on power with little progress to show for it. The immediate past administration of former president Jonathan spent $8.26 billion on the sector while Yar’Adua, who died in 2010, spent $5.375 billion and his predecessor Obasanjo expended a whopping $16 billion, according to Vanguard Newspapers.

Wood is still the sole source of energy for hundreds of millions of Africans who lack access to modern sources of power. Over 120 million Nigerians relying on firewood and charcoal for their cooking needs, according to the International Energy Agency. The current Nigerian President Muhammadu Buhari, who took office in May, has sworn to drive out corruption from the country’s previous leaders.
He had previously made it known that nigerians need to know how much has been spent so far over electricity. Over $16bn was spent by Obasanjo regime, yet Nigerians don’t have power. Also, the administration of Jonathan said Nigeria now have over 4,000 mega watts, yet people don’t have the power.


Please enter your comment!
Please enter your name here

Latest news

COVID-19: Nigeria to Launch 38 oxygen Plants Across the Country

President Muhammadu Buhari has given the go ahead for the launching of at least 36 oxygen plants across the...

Minister Talks Tough On Violence Against Women, Girls

By IJEOMA UKAZU | ...Says Nigeria Must Mainstream Gender Following the high rate of Violence Against Women And Girls, VAWG in...

Christian Aid Appoints First Director Based Outside the UK

Christian Aid has appointed its first director based outside the UK. Nigeria-based Ojobo Ode Atuluku will join the charity at the...

Lauretta Onochie’s Affiliation with APC Makes Her Unfit as INEC National Commissioner – KDI

Kimpact Development Initiative (KDI) has expressed concern on the nomination of Ms. Lauretta Onochie, a political appointee and Senior...

Schools must be Open, Accessible and Safe from Attacks, say African children

African children speak out about how the COVID-19 pandemic tipped an existing education safety crisis to breaking point While the...

Day of the African Child: Nigeria Children Advocates For A Better Continent

By IJEOMA UKAZU |  "There are children out there who are vulnerable to violence, exposed to danger, forced into labour,...

Must read

Minister Talks Tough On Violence Against Women, Girls

By IJEOMA UKAZU | ...Says Nigeria Must Mainstream Gender Following the...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: