The House of Representatives has resolved to investigate the contracts awarded and payments made to contractors by the Federal Government towards reviving the power sector.
According to a motion unanimously adopted by the House at the plenary on Thursday, the probe will cover the $16bn spent by the President Olusegun Obasanjo-led administration between 1999 and 2007.
It will also cover the administrations of Umaru Yar’Adua, Goodluck Jonathan and the incumbent, Muhammadu Buhari.
A member, Mr Sada Soli, moved the motion, entitled, ‘Need to review government expenditure on the power sector to ensure sustenance of the power reform programme in Nigeria.’
The lawmakers resolved to set up an ad hoc committee to “carry out a comprehensive investigative hearing on how much money was spent on the power sector reform programme over the years without commensurate results and report back within six weeks for further legislative action.”
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