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Electricity: How N11tn was squandered under Obasanjo, Yar’Adua, Jonathan – SERAP

A human rights advocacy group, Socio-Economic Rights and Accountability Project, on Wednesday released a report detailing how over N11tn  had been pumped into the power sector since 1999 without any result to show for it.

The group, in the 65-page report it launched in Lagos, concluded that the funds were squandered under the administrations of former Presidents Olusegun Obasanjo, Umar Yar’Adua and Goodluck Jonathan.

In the report titled, “From darkness to darkness: How Nigerians are paying the price for corruption in the electricity sector,” SERAP concluded that the perennial poor power supply in the country was proof of corruption in the power sector.

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