Take a fresh look at your lifestyle.

Senate probes waste of power funds under Obasanjo, Ors


obasanjoThe Senate will on Tuesday begin investigation into alleged unwholesome practices in the power sector from the administration of former President Olusegun Obasanjo

till date.

Although, the Senate issued by the clerk of Senate ad hoc Committee on Power, Cletus A. Ojabo but there is an indication that former Ministers of Power may be in attendance.

Ojabo said the power sector probe will be in form of investigative hearing/interactive session.

Ojabo said the investigation will centre on funds appropriated for the power sector since 1999 and the unbundling of the Power Holding Company of Nigeria (PHCN).

It is expected that all those who played key roles in the power sector since 1999 including ministers and heads of government departments and parastatals will appear before the panel.

Senate President, Bukola Saraki, inaugurated the ad-hoc committee to conduct a comprehensive probe of allegations of questionable practices in the power sector.

The committee headed by Senator Abubakar Kyari, (Borno North) is charged with the task of looking into the entire power value chain including generation, transmission and distribution with a view to identifying what the problems in the sector are.

Saraki noted at the inauguration of the committee three weeks ago that the task before the panel is huge.

The Senate President frowned at the continued absence of regular supply of electricity despite the country’s huge investments in the sector.

Kyari, in his remarks, detailed the nature of the investigation his committee is saddled with.

He said: “A close look at the entire power value chain (generation, transmission and distribution) calls for review of our policies in order to obtain optimum performances across the board.

“The abysmal performance of the generation segment is no longer news in view of the current deteriorating power supply which hovers around 4,600MW for a population of over 170 million people, despite the huge resources committed into it.”

© Copyright 2015 www.elombah.com

Send your reports/articles/eyewitness accounts to publisher@elombah.com

Follow us on twitter handle @Elombah; Like our Facebook page: “Elombah.com”

© Copyright 2020 ElombahNews.

DISCLAIMER : Opinion articles are solely the responsibility of the author and does not necessarily reflect the views of the publishers of ElombahNews!
Would you like to be receiving ALL ElombahNews links ‘On The Go’ on WhatsApp Or Telegram? If yes, join us here on WhatsApp or Telegram, or provide us your Telephone number via publisher@elombah.com or sms/inbox +2349050382526 and you are good to go!
DOWNLOAD ElombahNews mobile app here
Send eyewitness accounts/ reports/ articles  to publisher@elombah.com; follow us on twitter @ElombahNews; like our Facebook page ElombahNews 

For adverts & inquiries, call +447460770987, +2349050382526

Comments are closed.