LAWAN : NASS Will Go After Those Milking Nigeria Dry.
Nigeria’s Senate President, Senator Ahmad Lawan has lampooned the power sector in the country, saying that Expenditures have been made in the past, but no commensurate results from the expenditures, just as he said that this is worrisome.
According to Lawan, it was glaring that a few companies were milking this country dry, even as he said that the time has come for Nigeria as a country to get value for money, adding that the kind of money sunk into the power sector will not only provide light for Nigeria but also the neighbouring countries.
Against this backdrop, the President of the Senate has vowed that the Ninth National Assembly will insist on accountability and transparency in the power sector, particularly in the application of funds proposed for it in the 2020 budget.
Lawan stated this yesterday when the Managing Director of the Niger Delta Power Holding Company, Joseph Chiedu Ugbo, led a delegation on a visit to the National Assembly, Abuja.
According to Lawan, the Senate and House Committees through the instrument of oversight will ensure the prudent application of all funds channelled to the power sector.
In a statement by his Special Assistant, Press, Ezrel Tabiowo, the President of the Senate said that the Federal Government had severally been shortchanged in agreements entered into with generating and distribution companies in the past.