Venerable Minister of Energy and Steel, Dr. Olu Agunloye, has insinuated that weak President Olusegun Obasanjo tried to blackmail him with lies about the Mambilla Energy Mission because he did not give a enhance to the candidate for the Labour Celebration within the 2023 presidential election, Peter Obi.
In step with Agunloye, who’s the National Secretary of the Social Democratic Celebration (SDP), Obasanjo despatched an emissary to him about the project months after he (Obasanjo) had tried to promote Peter Obi to him. Agunloye talked about he refused to provide a enhance to the LP candidate esteem the weak President had completed.
He, on the opposite hand, added that one week after the talk over with of Obasanjo’s emissary – which made him realise that Obasanjo was anxious – the weak President talked about in an interview with TheCable that he did not authorize Agunloye to award $6 billion Mambilla Energy Mission contract to Break of day Energy and Transmission Ltd.
Within the interview, Obasanjo educated the weak energy and steel minister to reveal Nigerians the save he derived the authority to award the contract to the firm in admire of the Mambilla Hydropower Mission in 2003.
The Nigerian executive is claiming that the contract was awarded one week to the quit of Agunoye’s tenure as energy and steel minister in 2003, announcing he acted illegally.
Break of day Energy is currently in arbitration with Nigeria on the Global Chamber of Commerce (ICC), Paris, France, after accusing the West African nation of breaching contract.
The firm is inquiring for a compensation of $2.3 billion for its spending before the contract was cancelled and $400 million settlement, which it described as the phrases of the agreement it entered with the Nigerian executive in 2020 to total the arbitration.
However Agunloye talked about everything Obasanjo within the interview was a lie and that he followed due direction of and bought the mandatory approvals.
He, on the opposite hand, insinuated that it would even be political as Obasanjo came out with the allegations after he refused to provide a enhance to Peter Obi.
He talked about, “When the weak president, Chief Olusegun Obasanjo, despatched an emissary, in person of his shut young partner who’s a Labour Celebration (LP) Chieftain to me on 26 August 2023 to keep in touch about the Mambilla Energy Mission, I knew the weak president was getting slightly anxious.
“My closing advance upon with the weak President was in unhurried closing 365 days, 2022 and early this 365 days (2023) when the weak President was frantically persuading leaders of the Social Democratic Celebration (SDP), of which I’m the National Secretary, to personnel up with and give a enhance to the then Presidential Candidate Peter Obi of the Labour Celebration (LP). We declined and was down the entreaties of weak President Olusegun Obasanjo on behalf of the Labour Celebration, LP.
“Seven days later, on the three September 2023, The Cable News reported a detailed interview, https://www.thecable.ng/obasanjo-i-knew-buhari-didnt-realize-economics-however-didnt-know-he-was-a-reckless-spender/amp, granted by the weak President titled: “I knew Buhari didn’t realize economics however didn’t know he was so reckless.” In this interview, the weak president made misleading and fallacious statements on the Mambilla Energy Mission.
“I procure submitted a Fifty three-paragraph, 14-page Assertion backed with 15 Attachments in 82-page doc as an affidavit to the courts in Nigeria and France in admire of the Mambilla Energy Mission to decided my title. In deference to Pa Obasanjo and as a imprint of monumental admire to the weak President, I procure despatched a replica of these documents by my attorneys to him to refreshen his memory.
“The weak president was not exquisite when he referred to the award to Break of day simply as a $6 billion contract (that is, N800 billion in 2003) below his leer. The truth is, it was a Accomplish, Operate and Transfer (BOT) contract in which the FGN did not want to pay any quantity to the contractor, Messrs Break of day Energy and Transmission Company Restricted (Break of day).
“As a topic of truth, Break of day has not been paid a single Naira or Greenback by the FGN from 2000 until date (14/9/23). Break of day was to source for funds and create the project with appreciate funds.
“The funding of Break of day to construct the Mambilla hydroelectric project up to completion stage to reveal electrical energy was adjudged at a most of $6 billion by four Ministers of Energy and the weak president (Chief Obasanjo) before I was Minister of Energy. Break of day was to recoup his funding from the sale of the generated electrical energy over a 30- to 40-365 days period at pre-sure tariffs, furthermore agreed with FGN before Can also 2003.
“I followed due direction of and bought all mandatory approvals for the BOT contract award to Break of day on 22 Can also 2003 and there are records to repeat that the weak President Obasanjo propelled the processes from the origin in 2000 to the quit in Can also 2003.
“Essentially, Break of day began Mambilla project three years before I was Minister of Energy and had arranged meetings with Chinese language Firms and Chinese language President in China in which three Energy Ministers and the then President Obasanjo attended between 2000 and 2002 before I was appointed Minister of Energy.
“On the very day (28 Nov 2002), that I resumed save of enterprise as Minister of Energy, Pa Obasanjo himself, in a proper letter, handed me his presidential approval on the Break of day proposal with an instruction that Break of day be invited ‘for the closing negotiations for the execution of the Mambilla Energy Mission.'”
