President Buhari vows to recover the $16 Billion Power Funds lost during the Obasanjo’s Administration.

President Muhammadu Buhari yesterday vowed to recover the $16 billion power funds that went down the drain during former President Olusegun Obasanjo’s administration.

The President was at the Oxbow Lake Pavilion, Yenagoa, Bayelsa State, for the presidential campaign rally of the All Progressives Congress (APC).

He said his administration will go after all those involved in the power deals to recover the money and continue with the ongoing development of critical infrastructure for the common good.

Obasanjo was president on the platform of the Peoples Democratic Party (PDP) from 1999 to 2007. His successor the late President Umaru Musa Yar’Adua launched a probe into the power projects. Many of the equipment got stuck at the ports while the probe lasted.

A mammoth crowd of party faithful thronged the rally for Buhari’s re-election and the election of APC candidates in the state.

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