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Views: 328 Posts: 0 Started By: oladamats Last Poster: oladamats Last Post Date: Nov 02, 2017
Nov 02 ( Post 1 )

Ministry of Works, Power and Housing, headed by Mr. Babatunde Fashola, has been fingered by the Senate in a $350 million fraud. According to the upper chamber, Fashola’s Ministry got about $1 billion from the Euro bond issued by the Federal Government in 2013.

Sen. Dino Melaye, relying on Order 42 of the Senate Standing Rules, raised the alarm, on Thursday, on the floor of the Red Chamber. He sought the nod of the Senate President Bukola Saraki to sponsor a substantive motion at the next legislative day.

He was given the leeway to bring a motion, next Tuesday. According to Melaye, the sum of $350 million was given to IBEX in 2014 by the administration of former President Goodluck Jonathan.

He was given the leeway to bring a motion, next Tuesday. According to Melaye, the sum of $350 million was given to IBEX in 2014 by the administration of former President Goodluck Jonathan.

This indigested project is supposed to build new generating plants to add power to our grid. “There are few questions I need to ask to bring a substantive motion up in another legislative day. Up till date, there are no details to build this new generating plant or feasibility study. There is no appropriation by the National Assembly for this project.
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