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How Obasanjo and Buhari embarrased Nigeria in Paris
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By Kayode Sanni-Arewa
Nigeria must have set another undesirable record at the International Chamber of Commerce, ICC, Paris, France, “in connection with the $2.3 billion arbitration proceedings filed against Nigeria by Sunrise Power over an alleged breach of contract by the federal government.”
The panel of arbitrators must have been embarrassed for Nigeria; because, it is quite possible that they have never had testifying before them one former President on account of a nation’s alleged breach of contract. Here was Nigeria dragging in two old men, former Presidents, who got their poor country into $2.3 billion hot water.
The first question obviously is: did Obasanjo and Buhari, individually and collectively, feel embarrassed to be sitting in front of the panel of arbitrators?
Let’s face it. There are some situations in which a honourable person, not to talk of a former President, should not find himself in public. For God’s sake, this is N3.68 trillion contingent liability to which Nigeria is exposed by the two former Presidents. And, they returned, without briefing the people whose funds they were about to throw away; as if nothing happened. The truth is; a lot might have happened. If the panel delivers a verdict against Nigeria, up to $2.3 billion, Nigerian assets everywhere in the world can be seized – including the Presidential jet
Every country has the government it deserves”. John de Maistre, 1753-1821.
Somebody else had warned that the people must be prepared for the punishment that results from choosing bad leaders. That, notwithstanding, is this leadership?
What have Nigerians done to deserve this sort of thing? The worst part of the whole thing lies in the fact that the two of them will get away with this act against the poor people of Nigeria.
Both of them being unrepentantly self-righteous will still continue to condemn corruption; as if what brought the nation to this dangerous situation was not ultimate corruption of administrative and legal processes under their governments. Like a lot of the problems facing us now in Nigeria, this one also had its origins in Obasanjo’s government, 1999-2007. Those old enough, as well as those with any sort of memory, would recollect that Obasanjo collected $13-16 billion with the stated intention to increase the nation’s power supply to 10,000MW per day by the time he left office in 2007.
His Minister of Power was Engineer Lyel Imoke. How and why a major contract, – worth $6 billion and expected to generate 3,050MW from a hydropower station situated at the Manbilla Plateau, Taraba State, was assigned to the Minister of State, our brother, Dr Olu Agunlove remains a mystery. Today, that behemoth is perhaps the biggest abandoned project in Nigeria; and it might soon set Nigeria back by N3.68 trillion. It has already sent us retro walking into the dark ages.
The original mess-up started between Obasanjo and Agunloye. After initially approving the contract, the ex-President, for reasons known to him, changed his mind and wanted the contract voided. Agunlove has since then been claiming that he received no instructions to stop it and went ahead to authorise Sunrise to proceed, only for the FG to stop it. You don’t have to be an authority on office procedures to realise that something must be fundamentally wrong and questionable in the way the President and Minister handled the matter. In my 52 years working in various organisations, 36 as staff reporting to superiors and sixteen as the Chief Executive Officer, CEO, I have been involved in situations in which instructions and approvals to commit organisation’s funds had later been rescinded by my superior officer.
Thank God, in my MBA course in Boston, it was drilled into our heads that whether issuing or receiving instructions to commit funds, a written memorandum must be sent and received. And, if the original decision is voided or altered, another memo must follow. Obasanjo, in an interview with The Cable in 2023, reportedly said that, “If a commission of inquiry is set up today to investigate the matter, I am ready to testify.” That, to me, is a classic case of medicine after death. All he needed to do all along to exonerate himself was to produce the written authority to proceed with the project and the second one asking Agunlove to stop it.
In one case during my career, my supervisor had instructed me, on phone, to raise a Local Purchase Order, LPO, to be issued to a company. I countered by requesting for the instruction in writing. He called to ask if I was questioning his authority. I sent another memo apologising; while stressing that I will carry out his instructions to the fullest. Six months later, the External Auditors pounced on the LPO; discovered that not only were the prices highly inflated, but, the LPO was issued to an unregistered company.
As the originator of the LPO, I was the first person issued a query. A panel had been set up to look into all the questionable expenditures.
My session lasted less than five minutes. I just presented the two memos between my boss and me. That was the end of the story, as far as I was concerned. My boss faced the music alone.
Given Obasanjo’s lengthy experience in government, starting with being appointed a Federal Commissioner (Minister) under Gowon to becoming Chief of General Staff, CGS, under Murtala, to Military Head of State and finally civilian President, it is shocking that orders issued on vital matters that must be obeyed by subordinates were not issued in writing. By the same token, it is alarming that Dr Agunlove could not also support his claims with written evidence.
Presidents Yar’Adua and Jonathan and their Attorney Generals and Ministers of Power committed unforgivable blunders by allowing the hot potato which Obasanjo and Agunlove left on the stove to remain there. Nigeria’s liabilities would not have been up to 25 per cent what it is now – if it was settled during those eight years.
Buhari, whose government eventually terminated the contract, had no choice over the matter.
His only mistake was procrastination which escalated the possible penalty.
To be quite candid, the panel of arbitrators must be shaking their heads; wondering how a nation with Nigeria’s abundant manpower could have been governed by such leaders.
Obasanjo once described late Chief Bola Ige, SAN, who served as his first Minister of Power and Steel; and failed as somebody who did not know his right hand from his left. It is doubtful if Obasanjo knew that he had hands at all and what to do with them.
News
Photos: We’re building infrastructure for a knowledge-driven economy – Tinubu
President Bola Tinubu has said that his administration was building road infrastructure to lay the needed physical foundation for a knowledge-driven economy, stressing that education, justice, and innovation need roads to thrive.

Tinubu stated this in Abuja on Tuesday, while flagging off the construction of Collector Road CO1 in the Institutional Research District, from Nile University to Ring Road III.
Represented by the National Chairman of the All Progressives Congress, Prof Nentawe Yilwatda, the President said that the project included dualisation of the road from Baze University roundabout to Nile University, that is the Base University.
He noted that three years into his administration, the results were speaking out.
“From the Southern Parkway to the Institution and Research District, we are laying the physical foundation for a knowledge-driven economy.

“Today, we provide those roads that are needed to provide justice, education, and innovation to our people.
“To the university community, this road is more than a route. It is a connection between learning, law, and the future of our capital,” he said.
He pointed out that the Institution and Research District was designed to be the intellectual heart of Abuja, adding that universities, law chambers, research centers, and innovation hubs were growing in the area.
He, however, stressed that ideas could not move if roads do not move and connect the heart and people together.
Tinubu further said: “Under the Renewed Hope Agenda, we made a choice to finish what was started and to start what we must finish.
“The first phase of this corridor connecting the Body of Benchers, Nile, and Base University is done and ready for commissioning. Today, we begin the next phase to Ring Road III to complete the loop.
“That is how we build a city—with a plan. Not a city of abandoned pieces. Infrastructure must be continuous, and it must also be useful to the people within the environment”.

He commended FCT Minister Nyesom Wike for turning FCT into a delivery agency, stressing that the transformation of Abuja under the minister’s watch is bold, visible and worthy of commendation.
He said, “Wike, your energy is unmatched. You took over a capital with many stalled projects and turned the FCTA into a delivery agency. ‘Mr. Projects’ is not a slogan, it is a record. You have revived sleeping roads, built new interchanges, and brought development to satellite towns. You have domesticated the Renewed Hope Agenda; street by street, district by district. The transformation of Abuja under your watch is bold, visible, and worthy of commendation. Well done, Minister Wike.”
In his remarks, Wike explained that the project was considered following a plea by the Body of Benchers to provide access roads to ease the movement of people in and out of the area.
He assured FCT residents that the Tinubu administration would fulfill all the promises made to the people of FCT, adding that the project would be completed by January 2027.
The minister said that he would continue to deliver life-impacting projects to FCT residents as directed by Tinubu, stressing that the delivery would not be affected by 2027 political activities.
Earlier, acting Executive Secretary, Federal Capital Development Authority, Mr Richard Dauda, said that the Institutional Research District of the FCT is located in Phase III of the city.
Dauda said that the area was planned to accommodate educational institutions like universities, research institutions, and other government institutions as provided in the Abuja master plan.
He added that the district was being developed in stages, with this project being a major intervention in the opening of this district.
He explained that the scope of the current stage involved the construction of Collector Road CO1, from the Nile University to Ring Road III with a total length of about six kilometres.
He added that the project also included the dualisation of the section from the Base University Junction to Nile University.
News
Just in: Kidnapped APC Chairman, Another Victim Die in Abductors hideout
Tragedy struck in northern Nigeria following reports that two abducted victims, including a former chairman of the All Progressives Congress (APC) in Koko/Besse Local Government Area of Kebbi State, have died while in captivity.
The deceased, Alhaji Muhammadu Mai Barga Besse, who previously served as APC chairman in the local government area, was reportedly held hostage by armed kidnappers for an extended period before his death. Another victim who was abducted alongside him was also confirmed dead, although his identity had not been officially disclosed at the time of filing this report.
The sad development comes months after disturbing videos emerged online showing the victims in dire conditions while being held captive in the notorious Birnin Gwari forest.
The footage sparked widespread concern among family members, political associates and members of the public who called for urgent intervention to secure their release.
Despite efforts made during their captivity, both men were reportedly never reunited with their families before their deaths.
The incident has once again drawn attention to the persistent security challenges facing communities across northern Nigeria.
The Birnin Gwari axis, located along the Kaduna-Niger corridor, has become one of the country’s most dangerous regions, with criminal gangs and armed bandits frequently carrying out kidnappings, attacks on villages and other violent crimes.
Residents and stakeholders have repeatedly called on security agencies to intensify operations in the area and dismantle criminal hideouts within the vast forest, which has long served as a sanctuary for armed groups.
News of the deaths has generated an outpouring of grief on social media, with many Nigerians expressing sadness over the fate of the victims and urging authorities to strengthen efforts against kidnapping and banditry.
Popular social media personality Denglishalhajii also shared the development on Instagram, mourning the victims and drawing attention to the growing insecurity affecting many parts of the region.
The deaths of the former APC chairman and his fellow captive have further underscored the human cost of the country’s security crisis, leaving families, friends and political associates in mourning while raising renewed concerns about the safety of citizens in vulnerable communities.
News
Tinubu Seeks Constitutional Backing For State Police, Writes Senate
President Bola Tinubu has asked the senate to approve a constitutional amendment bill seeking to establish state police across Nigeria as part of efforts to strengthen the country’s security architecture.
The request was contained in a letter dated June 15, 2026, and read on the floor of the senate on Tuesday by Godswill Akpabio.
In the correspondence, Tinubu said the proposed Constitution of the Federal Republic of Nigeria (Alteration) State Police Bill, 2026, seeks to amend the 1999 constitution to provide a legal framework for the creation of state police services.
The president said the bill is designed to address Nigeria’s evolving security challenges by introducing a dual policing structure that would allow both federal and state policing systems to operate within a constitutional framework.
According to him, the proposal builds on previous legislative efforts by both chambers of the national assembly and contains additional safeguards to ensure effective implementation.
“This bill builds on the significant work already done in this regard by the House of Representatives and the Senate, and incorporates additional safeguards to ensure that the creation of a dual policing structure to address our nation’s evolving national security challenges, will be achieved quickly and effectively to the benefit of all Nigerians,” Tinubu said.
The president described the proposed legislation as a key component of his administration’s broader plan to reform Nigeria’s security system and improve the protection of lives and property.
“The proposed legislation is a critical component of our administration’s strategy to reorganize Nigeria’s security architecture to better protect our citizens, and I’m confident that the Senate will act quickly to consider and pass this bill,” he added.
Read Also: Amnesty International Demands Immediate Release of Omoyele Sowore, Condemns Detention
Tinubu urged lawmakers to give the proposal expeditious consideration.
Following the reading of the letter, Akpabio referred the bill to the senate committee on constitution review for further legislative action.
The committee was directed to report back to the chamber on the next legislative day.
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