The chances of the PDP presidential candidate, Atiku Abubakar, could be dimmed as a new video revealed where he confessed to having joined his former boss, Olusegun Obasanjo, to follow another road rather than fixing the country’s economy
The former vice president expressed regret in the video, noting that if he and Obasanjo had handled the electricity in 2015, they would have provided enough for Nigerians
Recall that SEARP 2016 wrote to the then CJN, Walter Onnoghen, to probe the spending of $16bn the Obasanjo/Atiku’s administration borrowed for electricity in 2005
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has dumped the party in another trouble as a video online showed where he confessed to mismanaging the country’s electricity with his former boss, Olusegun Obasanjo.
The video, which was shared by the support group of the All Progressive Congress (APC) presidential candidate, Bola Tinubu, on Twitter, was a satirical analysis of Atiku’s comment on electricity when he was the vice president of Nigeria.
What happened to $16bn your administration borrowed to fix electricity in 2005? Presenter rhetorically asks Atiku
The satirist is the presenter, who analysed and commented on each of the presidential hopeful’s statements during an interview and queried what the Obasanjo/Atiku’s administration did with the $16 billion that was borrowed for the project.
The former vice president reportedly confessed and expressed regret for not following the path of fixing the country’s electricity despite having borrowed about $16 billion for the project.
“I feel very, very emotional about it, because I believe if we had handled the issue of electricity when we were in office by 2005, we would have provided enough electricity for the people of this country, but unfortunately, we did not follow that road,” the PDP leader said.
Does Obasanjo borrow $16bn to fix electricity during his administration?
Recall that in 2016, a transparency group had called for the probe of the administration of former president Olusegun Obasanjo over the spending of $16 billion on electricity.
The group, known as Socio-Economic Rights and Accountability Project (SERAP), made the call in a letter it sent to the then-acting chief justice of Nigeria (CJN), Walter Onnoghen.
The group asked Onnoghen “to appoint an independent counsel to investigate allegations of corruption in the spending of $16 billion on electricity by the government of former President Olusegun Obasanjo between 1999 and 2007.”
2023: List of key states PDP may lose due to internal crisis
Nationnewslead earlier reported that the internal crises rocking the ruling All Progressives Congress (APC) did not leave out the largest opposition party (PDP).
The internal crises ranged from the imposition of candidates by the incumbent in these states to rifts between the party leaders and the governors.
Meanwhile, the power of incumbency cannot be undermined in elections because the candidate of the ruling party always has the upper hand due to the party’s influence, coverage and funding. Continue Reading
