Maritime Nigeria

Main Menu

  • Home
  • News
  • Interviews
  • Maritime Info
  • Photo Gallery
  • Fact
  • Profiles

logo

Header Banner

Maritime Nigeria

  • Home
  • News
    • IMO Secretary General Visits Nigeria, Dazed By Facilities

      Oct 2, 2025
      0
    • Nigeria's Blue Economy Minister Bemoans Maritime Financing Deficit

      Sep 27, 2025
      0
    • NIMASA Calls For Urgent Action To Reduce Maritime Funding Gaps

      Sep 27, 2025
      0
    • WMD 2025: "We Are Beneficiaries of The Oceans"-Dantsoho

      Sep 27, 2025
      0
    • WMD 2025: "We Are Proud"

      Sep 26, 2025
      0
    • Nigerian Shippers Celebrate Seafarers, Commits to Efficient Regulation

      Sep 26, 2025
      0
    • "Nigerian Ports Automated, Globally Competitive and Ready"-Dantsoho

      Sep 24, 2025
      0
    • Nigeria Joins Maritime Nations For World Maritime Day

      Sep 23, 2025
      0
    • Revenue/Trade: Oshoba Reconnects The Pipes, Link Cables

      Sep 23, 2025
      0
  • Interviews
    • Nigeria Takes Leadership Of MOWCA

      Nov 18, 2021
      0
    • APM Participates in UK Trade Expo

      Oct 31, 2021
      0
    • Reps Seek Admission at MAN

      Dec 7, 2020
      0
    • NIMASA URGE SHIP OWNERS TO RENEW CABOTAGE LICENSES

      Oct 5, 2020
      0
    • FG Sacks Aboloma As NAIC Gets New EDs

      Aug 28, 2020
      0
    • Britain Celebrate Nigerian In Covid Efforts

      Jul 26, 2020
      0
    • Zuckerberg Backs Trump Against Twitter

      May 28, 2020
      0
    • NAFDAC DG Sheds Light On Chloroquine, Herbals, Masks and Covid19

      May 12, 2020
      0
    • Reps Threaten MDAs

      Feb 24, 2020
      0
  • Maritime Info
    • 2023 POP: Minister Task Cadets On Blue Economy

      Dec 15, 2023
      0
    • Rector, Trainees Excited, Laud FG On Modern Academy

      Jan 26, 2023
      0
    • Buhari Redeploys Minister As NPA, NIMASA, MAN, Others Get New Boards

      Apr 7, 2022
      0
    • World Bank Endorse Nigerian Ports, Partners Navy On Capacity Building

      Mar 19, 2022
      0
    • NIMASA Commend Nigerian Navy, Reassures On Floating Dock

      Feb 9, 2022
      0
    • MAN Unveils Lighthouse For Training of Cadets

      Jan 27, 2022
      0
    • shipping

      Singapore Strait Dangerous To Shipping-ReCAAP

      Jan 24, 2022
      0
    • Lekki Deep Sea Port Will Increase Port Efficiency-Amaechi

      Jan 24, 2022
      0
    • Fair Competition: NSC Partners FCCPC For Effectiveness

      Jan 21, 2022
      0
  • Photo Gallery
    • SERAP Calls for Probe of Entire Privatization Processes 1999-2011

      Dec 4, 2017
      0
    • IMO Election: South Africa, Kenya, Liberia, Morroco and Egypt Make Category C

      Dec 2, 2017
      0
    • Maersk Ship on Fire as Coy Launches Six Container Lifting Tech

      Nov 2, 2016
      0
    • Captured Seafarers Languish In Captivity without Ransom

      Nov 1, 2016
      0
    • Niger Delta: Militants Ask FG to Include Former Agitators in Negotiations

      Nov 1, 2016
      0
    • Self-Audit: NIMASA Set to Review 3% Freight Charge

      Nov 1, 2016
      0
    • Recession: Japanese Shipping Companies to Merge

      Oct 31, 2016
      0
    • NSC Partners ICS on Capacity Building

      Oct 31, 2016
      0
    • AGAIN, APAPA CUSTOMS SURPASS MONTHLY TARGET WITH N33B COLLECTION

      Oct 5, 2016
      0
  • Fact
    • Maritime Police Boss Celebrate Workers

      May 1, 2025
      0
    • “VIN Is A Trade Tool, Not Punitive”-Customs

      Mar 2, 2022
      0
    • Blackmailers, False Publishers and Their Agents: Court Clears Rector

      Feb 18, 2022
      0
    • MAN Unveils Lighthouse For Training of Cadets

      Jan 27, 2022
      0
    • "APM Terminals Is Beyond Moving Boxes Around"-Laursen

      Jan 24, 2022
      0
    • MWUN: Welfare, Safety Our Priority-Adeyanju

      Dec 27, 2021
      0
    • Reversing the Trend: Koko Breaks Record at NPA

      Dec 24, 2021
      0
    • Minister Demands More From MAN At Passing Out Parade

      Dec 20, 2021
      0
    • MARITIME NIGERIA TASK NIMASA ON MARITIME DEVELOPMENT

      Dec 15, 2021
      0
  • Profiles
    • CMA CGM Brings AI Onboard

      Jun 5, 2018
      0
    • Customs Notify 577 Officers of Retirement by Eguono Odjegba

      Jan 12, 2018
      0
    • Over 100 Persons Feared Dead in Mediterranean Ship Wreck

      Nov 3, 2016
      0
    • Ballast Water: Panama Signs Up

      Oct 24, 2016
      0
    • Ist Half Report: Customs generate N385.7bn revenue

      Aug 15, 2016
      0
    • Minister/MD Speeches at the Launch of NPA's CCCIS

      Jul 23, 2016
      0
    • Face off Imminent as Dakuku Warn IOCs to Sit Up or Stay ...

      Jul 22, 2016
      0
    • Hadiza, Welcome to NPA

      Jul 16, 2016
      0
    • Habib Abdullahi Sacked Again from NPA

      Jul 12, 2016
      0
  • IMO Secretary General Visits Nigeria, Dazed By Facilities

  • Nigeria’s Blue Economy Minister Bemoans Maritime Financing Deficit

  • NIMASA Calls For Urgent Action To Reduce Maritime Funding Gaps

  • WMD 2025: “We Are Beneficiaries of The Oceans”-Dantsoho

  • WMD 2025: “We Are Proud”

News
Home›News›PMB Tackles OBJ on Electricity

PMB Tackles OBJ on Electricity

By Editor
May 23, 2018
1485
0
Share:

President Muhammadu Buhari on Tuesday said those who mismanaged Nigeria’s economy in the past, through fraudulent electricity projects and misuse of revenue earnings from oil, had no love for the country.

‘‘One of the former Heads of State was bragging that he spent more than 15 billion dollars on power in Nigeria. Where is the power?’’ the President asked, without mentioning any name.

The president stated this when he received members of the Buhari Support Organisations (BSO) led by the Comptroller-General of Customs, Col. Hameed Ali, at the Presidential Villa, Abuja.

Most of the electricity projects, President Buhari spoke about were awarded during the second term of the Obasanjo administration(2003 and 2007), and the result has only  been creeping into the national grid, to the extent that 11 years after, Nigeria is yet to enjoy stable power supply.

President Buhari urged Nigerians to remain vigilant and ensure that only ‘‘people of conscience are in-charge of governance at all levels’’, as the nation prepared for general elections in 2019.

 

‘‘One of the former Heads of State was bragging that he spent more than 15 billion dollars on power in Nigeria. Where is the power?’’ the President asked.

 

‘‘I challenge anybody to check from Europe, America and Asia; between 1999 and 2014, Nigeria was producing 2.1 million barrels of crude oil per day at an average cost of 100 dollars per barrel and it went up to 143 dollars.

‘‘When we came it collapsed to between 37 and 38 dollars and later was oscillating between 40 and 50 dollars.

‘‘I went to the CBN Governor, with my cap in my hand, and asked if we had savings. He told me we had only debts, no savings. Some of the roads were not repaired since the Petroleum Trust Fund (PTF) days.

‘‘I don’t care the opinion you have about Abacha but I agreed to work with him and we constructed roads from Abuja to Port Harcourt, Benin to Onitsha and so on. We also touched education and health institutions.

On the mismanagement of the economy by previous administrations, President Buhari noted that the perpetrators lacked imagination and plans for the development of the nation.

‘‘Sometimes, I wonder about those who can afford to send their children abroad for studies and yet continue to sabotage the economy, I wonder what kind of Nigeria they want their children to return to and work. There is a lot of lack of imagination. If you are working for the country, then you shouldn’t be misappropriating and misapplying public funds the way people did,’’ he said.

The President noted that under his watch, the 2016 and 2017 budgets recorded the highest appropriation and releases in capital projects, with over N2.8 trillion disbursements in two years.

The President urged Nigerians to reject those bent on dividing the country along religious and ethnic lines, warning that “they do not mean well for the country.

‘‘I have said severally that we do not have any other country than Nigeria and we will remain here and salvage it together. ‘We have nothing to regret. Absolutely nothing. God has given Nigeria everything. We are rich in human and material resources. Let us keep on praying to God to put people of conscience in-charge at all levels.’’

 

On the activities of the support group, President Buhari apologised for not rallying them before announcing his intention to seek re-election in 2019 during a meeting of the National Executive Committee of the All Progressives Congress on April 9, 2018.

He thanked members of the group for their resolute support to him as a Presidential candidate in 2015 and all through his term in office, adding that their voluntary sacrifices were an indication of their trust and belief in the great future of the country.

In his remarks, Ali said the group and majority of Nigerians are passionate about a second-term for President Buhari because of his integrity, honesty, love and patriotism.

He noted that President Buhari had entrenched fiscal discipline and prudent management of resources, improved the nation’s security and delivered on his promise to revamp agriculture, as a major revenue earner for the country.

(NAN)

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • More
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)

Related

Previous Article

The Obamas Sign to Make Movies

Next Article

Only Lazy Nigerians are Hungry-Customs Boss

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • FactMaritime InfoNews

    NSC strengthens operational capacity

    May 26, 2016
    By Editor
  • News

    Drunk Ship Captain Fined

    Aug 13, 2017
    By Editor
  • News

    Piracy in Somalia is Tied to Poverty and Famine,

    Apr 24, 2017
    By Editor
  • ANLCA
    Maritime InfoNews

    “Opportunities Abound, Unemployment Not Irreversible”-Nwabunike

    Apr 2, 2021
    By Editor
  • News

    Akinsoji: Academy Condoles Family

    Jan 28, 2024
    By Editor
  • News

    “We Need A Man Of Knowledge In Transport As Minister”-Nweke

    Aug 9, 2023
    By Editor

Leave a Reply Cancel reply

  • News

    Maritime Safety: “Remove your Wrecks” NIMASA Orders Ship Owners

  • News

    Capacity Building: AASTMT Hold Talks With NIMASA

  • FactNews

    BAD ROADS: 1, 048 Persons Perish

Looking For Something?

Read From

  • Agriculture
  • Customs Operations
  • Fact
  • Featured
  • Interviews
  • Maritime Info
  • News
  • One Question
  • Photo Gallery
  • Profiles
  • sports

Just In

News

IMO Secretary General Visits Nigeria, Dazed By Facilities

As Academy Rector, Cadets Engage With Arsenio Dominguez The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Domínguez, who is on a working visit to Nigeria,  has lauded the ...
  • Nigeria’s Blue Economy Minister Bemoans Maritime Financing Deficit

    By Editor
    Sep 27, 2025
  • NIMASA Calls For Urgent Action To Reduce Maritime Funding Gaps

    By Editor
    Sep 27, 2025
  • WMD 2025: “We Are Beneficiaries of The Oceans”-Dantsoho

    By Editor
    Sep 27, 2025
  • WMD 2025: “We Are Proud”

    By Editor
    Sep 26, 2025
  • Home
  • About Us
  • Contact Us
© 2013 Maritime Nigeria | All Rights Reserved