Thursday, August 18, 2011

With Obasanjo’s $16b, I would have fixed power - IBB


Former Military President, Gen. Ibrahim Babangida, has blamed ex-President Olusegun Obasanjo for the prevailing poor power supply in the country. He said Obasanjo-led administration wasted a whopping N16bn between 1999 and 2007on electricity supply without result. 

"I heard Obasanjo's government spent $16billion on power, if I had such amount when I was President, I would not only provide adequate power but will build a nuclear power station... $1 was N10 during my time, how I wish it was N120, Nigerians would have seen wonders." - General Ibrahim Babangida.

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