Contractors May Refund Government's Money with Interest

Contractors who handled the controversial power plants initiated by the former President Olusegun Obasanjo's but failed to perform satisfactorily may be forced to refund the money and pay interest on them.

This is among punitive measures the House of Representatives Committee on Power and Steel probing the alleged $16 billion spent on the energy sector between 1999 and 2007 may recommend to the Federal Government.

Aside the representatives' probe, the Federal Government has intensified its efforts to bail out the energy sector from its near moribund state.

Its current focus is on the controversial National Integrated Power Projects (NIPP), where a global firm hired by the government to assess seven of the power plants and recommend ways to make functional has submitted its report.

After inspecting the Papalanto Power Plant in Ogun State yesterday, the panel's chairman, Mr. Godwin Ndudi Elumelu, said the contractors who performed poorly would be made to refund the money and pay interest on them.

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After many problems, much payment, and little results, the power sector of Nigeria did not do very well last year. Hopefully, the contracters will follow through and refund money, which might mitigate some of the damage and lack of progress in the power sector.

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N300m scam: How we shared N10m – Iyabo Obasanjo

Embattled Senator Iyabo Obasanjo-Bello has said that N500,000 was disbursed to each member of the Senate Committee on Health from the controversial N300m scam in the Federal Ministry of Health.

The Senator, who the Economic and Financial Crimes Commission claimed on Tuesday was at large because of her alleged involvement in the scam, said the money was given to the senators to cover parts of their expenses during a four-day seminar and retreat in Ghana.

She said in a statement to EFCC that the retreat and seminar was to facilitate the passage of the Health Policy Bill.

In the statement obtained by the News Agency of Nigeria in Abuja on Thursday, Obasanjo-Bello, who is the chairman of the Senate Committee on Health, said it was not unusual for a ministry to sponsor an executive bill.

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This thinly veiled, terrible excuse for the corrupt use of the health department's use of its greatly needed money is a poor reflection of the justice system in Nigeria. Just because she is the daughter of the former president, this criminal is still free to give excuses.

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N300m Scam - Grange, Aduku, 11 Others Charged

The Economic and Financial Crimes Commission (EFCC) yesterday arraigned former Health Minister, Prof Adenike Grange; former Minister of State for Health, Gabriel Yakubu Aduku, an architect; and 11 others on a 56-count charge of graft involving about N300 million.

But the name of the daughter of former President Olusegun Obasanjo, Iyabo, which was mentioned as having partaken in the graft, was missing on the list of the accused persons charged to court yesterday.

The EFCC told the court that Iyabo was currently at large and could not be arrested for prosecution but would be arrested and brought to justice once found.

Iyabo, according to count 56 of the charges between December 2007 and March 2008 in Abuja while serving as chairperson of the Senate Committee on Health, dishonestly received the sum of N10 million belonging to the Federal Government having reason to believe that same was stolen. Her action is said to have constituted an offence punishable under Section 317 of the Penal Code Act Cap 352, Laws of the Federal Republic of Nigeria) Abuja.

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Corruption remains rampant in Nigeria, as 300 million Naira have been swindled from the government. What is somewhat different is the exclusion of the president's daughter from an accused list, despite proof of her involvement. Officials do assure that even these ties do not exclude Iyabo Obasanjo from justice, which is hopefully true.

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How Obasanjo Spent $13bn on Power

Clearer picture of how the Obasanjo administration spent $13 billion on the power sector emerged yesterday with the Minister of State for Energy (Power), Mrs. Fatima Ibrahim, giving a breakdown of the expenditure over a period of eight years.

And following the failure of the National Integrated Power Project (NIPP) to materialise, the 36 states and the 774 councils are now demanding the refund of the $3.2 billion they contributed for its implementation, according to Governor Gabriel Suswam of Benue State.

She said the sum of N235 billion; $6.5 billion and 330 million Euro were used to finance the National Integrated Power Projects (NIPP).

She said another $4.6 billion sourced from the international creditors and $1.6 billion from Joint Venture Calls (JVCs) were also used to finance the sector during the period.

Ibrahim said although there was no evidence of misappropriation of the funds, some contracts that were paid for were abandoned by the contractors after payment.

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Following up on this story, the government has finally responded to the question of the people and the questions of the state government. The money was reportedly all allocated to certain projects, but that does not rule out the possibility of massive corruption or faulty allocation. The government's explanation was that many contrators who were hired for the job did not complete their tasks. This money that was not returned upon will be sought out from the contractors, and hopefully the government can come closer to their ambitious power supply goals.

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Nigerian Party Picks New Leader

The governing People's Democratic Party (PDP) in Nigeria has elected Vincent Ogbulafor as its new leader at a convention in the capital, Abuja.

Mr Ogbulafor is the party's former general secretary and is considered a compromise candidate, able to unite different factions of the party.

His election is seen as a setback for ex-leader Olusegun Obasanjo who was backing his own candidate.

The PDP won heavily in disputed 2007 polls and dominates national politics.

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This article addresses the recent election of Vincent Ogbulafor to serve as the People's Democratic Party's leader in Nigeria. Ogbulafor is the former general secretary; he is viewed as a "compromise candidate" because he connects the different groups of the party. This "compromise" shows that the leaders of the dominant party in Nigeria are seeking to do what would be best for the nation which would be to put aside differences and find a common ground. The election of Ogbulafor was seen as a test of former Nigerian president Olusegun Obasanjo's influence on the activities of the nation and its political parties. Obasanjo was backing one of his "allies," Sam Egwu, for this position, but Mr. Edwu was not selected. Many people in the People's Democratic Party are seeking to lower Obasanjo's influence on the goings-on in Nigeria. This shows that many of them are trying to move ahead, rather than staying in the same place they were the entire time Obasanjo was president. Alex Last believes that there was "a lot of backroom dealing before the result was announced" because of the corrupt nature of many of Nigerian leaders.

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The Chairman of INEC Allegedly Lied Under Oath

Some ballot papers used for the April 21, 2007 presidential election were printed in South Africa, findings by THE PUNCH have revealed.

This contradicts the claim of the Chairman, Independent National Electoral Commission, Prof. Maurice Iwu, that the printing were solely handled by the Nigerian Security Printing and Minting Company at a cost of N7.7bn.

Iwu’s claim was contained in his affidavit in response to the 27 questions raised by the presidential candidate of the Action Congress, Alhaji Atiku Abubakar, on the conduct of the poll.

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In support of the accusations made by Buhari and Abubakar on the 24th, Punch newspaper has discovered that the ballots for the most recent election were indeed made at least partly by a South African company, but it has not been confirmed whether or not the ballot had serial numbers. The handling of the elections, however, was under the control of Obasanjo, and Yar’Adua may or may not have been at fault.
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Obasanjo is the Richest Ex-President in Africa

Former Abia State governor and Chairman of the Peoples Progressive Alliance (PPA), Dr. Orji Uzor Kalu has again called on President UmaruYar’Adua to probe the investments of former president Olusegun Obasanjo. Speaking at the Murtala Muhammed Airport, yesterday, Dr. Kalu alleged that the former president was one of the richest individuals in Africa .

According to him, Obasanjo was a sacred cow as former Economic and Financial Crimes Commission (EFCC) boss; Mallam Nuhu Ribadu did not have the guts to probe him.

He alleged that Obasanjo, the former president has serious investments in banks, insurance companies while in office.

"If Yar’Adua probes Obasanjo today (yesterday) you will find that he is the richest individual in the whole of Africa . They have invested too much in banks, so much in insurance companies and so much in all aspects of investments but I thank God that I accused him of corruption."

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This evidence further proves that the Nigerian government is corrupt. Obasanjo probably did not become this wealthy by following laws. As president, he was in control of a significant portion of Nigeria's profits.

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$10b was spent on power sector over 7 years with no results

"The Action Congress (AC) has said the shocking revelation by President Umaru Yar’Adua, that the Obasanjo Administration spent $10b on the power sector in 7 years without a commensurate result, has further justified the growing calls for the probe of the Obasanjo government.

AC wondered what the Obasanjo Administration did with $10 billion, an amount that represents about half of this year’s federal budget, when his government left the power sector worse than it met it in 1999.

Former President Yar'Adua

Meanwhile, the AC has said the target of 6,000mw of electricity generation for 2009, set by Yar‘Adua, has shown that his Administration does not appreciate the depth of the crisis in the sector and the urgency it deserves.

'We are aware that industrial analysts have said Nigeria needs to generate as much as 40,000mw of electricity to ensure an uninterrupted supply of electricity to its numerous people.'"

-My Naija News, a local Nigerian news company.

The fact that the same administration that pledged to reduce corruption also spent half of a years of the country's budget with no apperent result and likely used it to their own benefit is very disheartening. Any respect that Nigeria's anti-corruption agency had is now likely on shaky grounds.