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$16bn power sector fraud: ”Stop accusing me ignorantly” – Obasanjo tells Buhari



Former President Olusegun Obasanjo has reacted to the recent call by President Buhari for a probe of the $16 billion spent on power during the 16-year PDP rule. President Buhari at the APC presidential rally in Bayelsa state on Tuesday February 12th, hinted that there will be probe on all the past governments involed in the $16 billion power project. 

Reacting to the call for the probe, Obasanjo in a statement released by his media aide, Kehinde Akinyemi, said the request for a probe on the power project is borne out of ignorance.

In the statement, the former president said he had given a detailed account of how the money was spent for the power project in his widely read book, My Watch, and that if President Buhari cannot read it, he should get one of his aides to read it and interprete in a language best suitable. Read the statement below

”It has come to the attention of Chief Olusegun Obasanjo that a statement credited to President Muhammadu Buhari, apparently without correct information and based on ignorance, suggested that $16 billion was wasted on power projects by “a former President.

“We believe that the President was re-echoing the unsubstantiated allegation against Chief Obasanjo by his own predecessor but one.

“While it is doubtful that a President with proper understanding of the issue would utter such, it should be pointed out that records from the National Assembly had exculpated President Obasanjo of any wrong-doing concerning the power sector and has proved the allegations as false.

“For the records, Chief Obasanjo has addressed the issues of the power sector and the allegations against him on many occasions and platforms, including in his widely publicised book, “My Watch” in which he exhaustively stated the facts and reproduced various reports by both the Economic and Financial Crimes Commission (EFCC), which conducted a clinical investigation into the allegations against Chief Obasanjo, and the Ad-Hoc Committee on the Review of the Recommendations in the Report of the Committee on Power on the Investigation into how the Huge Sums Of Money was Spent on Power Generation, Transmission And Distribution between June 1999 and May 2007 without Commensurate Result.

“”We recommend that the President and his co-travellers should read Chapters 41, 42, 43 and 47 of My Watch for Chief Obasanjo’s insights and perspectives on the power sector and indeed what transpired when the allegation of $16 billion on power projects was previously made.

“If he cannot read the three-volume book, he should detail his aides to do so and summarise the chapters in a language that he will easily understand.

“”In the same statement credited to the President, it was alleged that there was some bragging by Chief Obasanjo over $16 billion spent on power. To inform the uninformed, the so-called $16 billion power expenditure was an allegation against Chief Obasanjo’s administration and not his claim.

“The President also queried where the power generated is. The answer is simple: The power is in the seven National Integrated Power Projects and eighteen gas turbines that Chief Obasanjo’s successor who originally made the allegation of $16 billion did not clear from the ports for over a year and the civil works done on the sites.

“”Chief Obasanjo challenges, and in fact encourages, anybody to set up another enquiry if in doubt and unsatisfied with the EFCC report and that of the Hon. Aminu Tambuwal-led ad-hoc committee.”

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There was a young man named Tunde who was born and raised in Lagos, Nigeria. However, as he got older, he decided to move abroad in pursuit of better opportunities.








He settled in the United States and began building a successful career in finance. Despite his success, Tunde couldn’t shake off the feeling of homesickness. He often thought about his family and friends back in Lagos, and the beautiful city that he had left behind.









Years passed, and Tunde had all but given up on ever returning to Nigeria. However, one day, he received a call from his sister back in Lagos.









She told him about the booming real estate market in the city and how property prices were skyrocketing. Tunde was intrigued and began researching the market.








He discovered that there was indeed a huge demand for properties in Lagos, and that the returns on investment were quite high.







After much consideration, Tunde decided to invest in a couple of properties back in Lagos.






He partnered with a reputable local real estate company, and soon enough, he had a few properties under his belt. To his surprise, the returns on his investment were even higher than he had initially thought.







Tunde was thrilled with the success of his investments, and he couldn’t believe that he had almost missed out on such a great opportunity.








Feeling financially secure and with a sense of fulfillment, Tunde decided to return to Lagos.







He was greeted with open arms by his family and friends, and he felt like he was truly home. He decided to give back to the community and started mentoring young entrepreneurs interested in the real estate market.


With his newfound success and sense of belonging, Tunde couldn’t be happier. He realized that sometimes, taking a chance and going back to one’s roots can lead to great rewards.







Without dragging feet and picking from Tunde’s experience, let me highlight why real estate is profitable in Lagos state?


  1. Population growth


Lagos is the most populous city in Nigeria, with a population of over 21 million people. This large population creates a constant demand for housing, making real estate a profitable investment.


  1. Economic growth


Lagos is the commercial capital of Nigeria and one of the fastest-growing economies in Africa.



Economic growth in the city leads to an increase in disposable income, which in turn drives demand for real estate.


  1. Limited supply


The supply of land in Lagos is limited, which drives up property values. The government has also placed restrictions on the development of certain areas, further limiting the supply of land available for real estate development.


  1. Foreign investment


The Nigerian government has been actively promoting foreign investment in the country, and Lagos is a popular destination for foreign investors. This has led to an increase in demand for real estate and driven up property values.


5.Rental income


The high cost of living in Lagos and the limited availability of affordable housing make rental properties a profitable investment.


The demand for rental properties is consistently high, which allows landlords to charge high rents and enjoy steady rental income.


  1. Developing Infrastructure


Lagos is undergoing significant infrastructure development. The government is investing in the construction of new roads, bridges, and public transportation systems.



This infrastructure development is making it easier for people to move around the city and access different areas, which is driving the development and growth of real estate markets in previously underdeveloped areas.


  1. High returns on investment


Real estate in Lagos tends to appreciate in value over time, offering investors high returns on their investment.


This is due in part to the limited supply of land and the high demand for housing, as well as the city’s economic growth and infrastructure development.


  1. Diversification


Investing in real estate in Lagos can diversify an investment portfolio, as it offers a different type of investment opportunity than traditional stocks or bonds.


Diversifying one’s investments can help mitigate risk and potentially provide higher returns over time.


Buying a property in Lagos is a venture you can never regret. In Nigeria, there’s a huge market that favors everyone in real estate already. Why don’t you start taking some steps toward it?


Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041

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2023 Harvest of Babies: God hates Barrenness – Dr Chris Okafor



2023 Harvest of Babies: God hates Barrenness - Dr Chris Okafor

2023 Harvest of Babies: God hates Barrenness – Dr Chris Okafor
• God forbids anything that is not fruitful, cursed barrenness




The four days prophetic conference of Grace Nation International aka Liberation city, Harvest of Babies 2023 has enters Day 2, as many mothers carried their miracle babies.





The conference which began on the 29th March 2023 with over 1 million Participants across the globe through the Liberation TV, witness miracles, deliverance, healings and solutions all round.






In his teaching with topic “HOW TO BREAK THE CIRCLE OF BARRENNESS” the Lead Pastor, Grace Nation International and Chief Host, Dr Chris Okafor God explained that God created man in his image, and the first blessing placed on Man is the blessings of fruitfulness, The generational prophet of God who define barrenness as the inability to be productive, or produce, He explained that barrenness is not complete until is balance with the spiritual understanding, the man of God said the first time God bless a man, it was fruitfulness and did not stop there is said, he also said be multiple.
Fruitfulness is a command not an advice, and it’s the will of God, where there is no fruitfulness it becomes a problem, because God says None shall be barren in my Land, this generational barrenness is forbidden, God never created a being and expect it to be the same, he said you must be fruitful and be creative with what God has given you, anything that is not growing is dying the Generational Prophet of God remarked.
Highlighting the Causes of barrenness ,Dr Chris Okafor said one of the basic cause of barrenness is through Hereditary, he explained that hereditary is a family pattern that moves from one generation to another, he said some people are ignorant of the pattern, this is why they battle and battle to fight unknown battles, he said in some cases, the real person that brought the battle to the family might be dead for decades but because he did not fight to stop the battle, it become hereditary even to generation yet unborn in the family.






2023 Harvest of Babies: God hates Barrenness - Dr Chris Okafor
The other point raise was hereditary through ungodly engagement and activities, the man of God said when you engage yourself in ungodly act by worshipping a statue in Place of God can also cause Barrenness, he said God is a very jealous God, it is an insult to the name of God by worshipping ordinary substance in Place of God, too bad. Therefore your commitment to the things of God and you consistence break you out of barrenness because we leave in a world where unbreakable laws guide the world, the law of sow and reap, {i.e} what you sow is what you will reap.

It was war at the realms of the prophetic session, the Generational prophet of God Dr Chris Okafor addressing case file one after the other, proving solutions with miracle babies all through the session, it was miracle babies galore. The man of God said God told him three days before the commencement of the conference that your entire request brought to the conference will be attended to, and by the time the conference come to a close, no Participant will remain barren according to how God commanded

The Harvest of babies conference continue on Friday 31st March by 8pm till you breakthrough, it is the night of prophesy, healing, deliverance and solution, come with all your heart desire alongside your love one, Raw power mighty hand of God is available to deliver you out from the spirit of barrenness, the venue remains, Grace Nation International headquarters, plot 8-10 oshofisan street off Edozie street by Ereke bus stop Ojodu Berger Lagos Nigeria.

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DRIVER’S PROTEST: Mc Oluomo Bans Agbero Taxes In Part Of Lagos



DRIVER’S PROTEST: Mc Oluomo Bans Agbero Taxes In Part Of Lagos

DRIVER’S PROTEST: Mc Oluomo Bans Agbero Taxes In Part Of Lagos






Interestingly, Musiliu Akinsaya (Mc Oluomo), chairman of the Lagos State Parks and Garages Association, has waded into the feud between commercial drivers and agberos (highway tax collectors who target commercial drivers) in the state.



DRIVER’S PROTEST: Mc Oluomo Bans Agbero Taxes In Part Of Lagos




According to reports, Mc Oluomo had placed a ban on the illegal taxes levied by agberos.






According to a report, one of the drivers said, “Mc Oluomo told us this afternoon when we held a meeting with him at the state council that no driver from Oshodi to Tollgate must be compelled to pay illegal agbero taxes anymore,”

We are only to buy two tickets in a day, after which we will not pay anything aside from loading fees.


“The normal ticket sold and approved by the Lagos State Park Management is just N800.














He said those extra taxes imposed at Iyana Ipaja and Agbado Ijaiye were no longer valid. We can either buy our daily tickets in Oshodi or Tollgate, and either will be recognized.


Afterwards, we will buy the council ticket and booking for security, which is about N500.”

















He further stated that to soothe the aggrieved drivers, Akinsanya said they would no longer pay for tickets on Saturdays and Sundays.


“For weekend jobs, Mc Oluomo has mandated that no driver should be made to buy tickets on Saturdays and Sundays,” he said.


“The union should only compel us to buy tickets from Monday to Friday. We should be given the chance to take something home to our families.


“For those who were injured during the attack on protesting drivers, he donated N1 million. He said it should be used to treat those who were injured and those whose properties were stolen.


“I feel so happy. We are to resume work tomorrow with minimal agbero disturbances.


“There are no more unbearable taxes. All we have to pay in a day is a little below N2,500 compared to the N20,000 we paid previously.”

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