You Must refund $16 billion Power sector Fund - Oshiomole tells Obasanjo during installation as National APC Chairman

Oshiomhole, called on President Muhammadu Buhari to ask for the refund of the $16 billion allegedly expended on the power sector under the administration of former President Olusegun Obasanjo. He revealed this while speaking on Tuesday after the former APC chairman, John Odigie-Oyegun, handed over to him at a ceremony held at the party’s national secretariat in Abuja, the APC National Chairman, Adams 

 

According to PREMIUM Times, Oshiomhole said Buhari did well for calling out Obasanjo over the alleged expenditure, but should go a step further to ensure the former president returns the money if there is no explanation for what it was used for.

 

He said; “So, $16billion spent, the more dollars they spent, the more darkness the people suffered. Now the questions I had in my mind were, maybe because the president has not yet proceeded to now ask the follow-up questions.

 

"Since we don’t find the power, then, you must bring the $16billion that you spent. If he doesn’t do that, then the accusations of limited anti-corruption may begin to have some currency.

 

“So, to assist PDP to overcome this their distinction, our president needs to do the needful. After all, it is already on record what other presidents didn’t do, with regards to the issue of MKO Abiola, and the criminal manner by which the election was nullified, and people pretended that, that was never an issue, the president showed courage.

 

“That same courage should not fail him, so that he can proceed to recover the $16billion back into the treasury from the man who superintended over the spending of that money.”

 

Also speaking on the upcoming Ekiti State governorship election scheduled for July 14, Oshiomhole expressed confidence that the APC will win it.

 

“Although we came on board at the eve of an upcoming election in Ekiti State, we won’t resort to using their own tactics because we promised to be different. I am very confident Ekiti State will be won on the basis of our own record.”

 

In his speech, Oshiomhole also applauded the Odigie-Oyegun led administration of the party and promised to build on the foundation it laid.

 

He sought the permission of the former chairman to also seek advice and counsel whenever there was the need, saying Odigie-Oyegun is an elder whose wisdom would help him move the party forward.