Jonathan, Not Buhari, Signed Azura Power Deal – FG
The Federal Government has resolved to formally engage the Senate with a view to clarifying some perceived misconceptions that featured last week when the Chairman of the Senate Committee on Power, Gabriel Suswan, presented a report titled, “Addressing Nigeria’s power sector problems” for debate at plenary. Suswan had said the regime of the President, Major General Muhammadu Buhari (retd.), signed power agreements with Azura to generate 450MW of electricity. But a top Presidency official told journalists in Abuja on Sunday that the Power Purchase Agreement became operational in April 2013 before the Buhari regime. The Senate had expressed concern over the monthly payment of $30m by the Federal Government for power and resolved to assemble local and international experts to review the agreement. The Senate said the payment had become statutory because of the Share Purchase Agreement signed by the Federal Government with Azura and ACU gas plants. A newspaper (not The PUNCH) had s...