Moshood Adebayo

Lagos Socio-Economic Rights and Accountability Project (SERAP) has welcomed “the reported probe by the Economic and Financial Crimes Commission (EFCC) of the government of former president Olusegun Obasanjo’s $16 billion power project as an opportunity for the anti-graft agency to show that former heads of state and other high-ranking public officials are not immune from investigation and prosecution for allegations of grand corruption in Nigeria.”

The organisation said: “This probe is something, which SERAP has consistently called for. Nigerians have for far too long been denied justice and the opportunity to get to the bottom of why they continue to pay the price for corruption in the electricity sector–staying in darkness, but still made to pay crazy electricity bills.”

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According to reports, the EFCC has begun the probe of the $16 billion power project of the administration of former President Olusegun Obasanjo. While some put the exact cost of the project at $16 billion others say it is $13.8 billion. Key contractors and about 18 top public officers allegedly involved in the power project scam during the Obasanjo administration, and those of former Presidents Umaru Yar’Adua and Goodluck Jonathan, may also be arrested.

In a statement today by SERAP deputy director Kolawole Oluwadare, the organization said: “The probe is timely, especially coming at a time of citizens’ frustrations at persistent allegations of corruption and the impacts on their human rights. Investigating allegations of grand corruption and prosecuting former heads of state and other high-ranking officials where such allegations show relevant and sufficient admissible evidence would address the grave travesty that has for many years occurred in the power sector.”