Former World Bank Vice-President (Africa), Dr. ObyEzekwesili last Thursday at the convocation lecture of the University of Nigeria, Nsukka, said the administrations of late President Umar Musa Yar’Adua and President Goodluck Jonathan frittered away the sum of $45bn left in the foreign reserves account and $22bn in the Excess Crude Account by the administration of former President, Olusegun Obasanjo. Her lecture has since generated heated debates with the FG who felt slighted by the assertion, fighting back and viciously.
Special Adviser to the President on Political Affairs, Mr. Ahmed Gulak, while responding to Ezekwesili’s comment, accused the Olusegun Obasanjo Administration, of which Ezekwesili was a kitchen cabinet member, of wasting $16bn on power supply.
However, an aide of former President Olusegun Obasanjo, who asked not to be named, said, “He (Gulak) must be ignorant. Everybody knows that former President Olusegun Obasanjo’s power project had led to the improvement of power supply in the country.”
Gulak, who insisted that Nigerians had yet to benefit from the huge investment, accused Ezekwesili of lampooning the Jonathan administration because she was left out of the government.
He queried, “When Ezekwesili was there in government what did she do?
“Was it not under the Obasanjo Administration where she served that we spent $16bn on power. Did we get the power? I’m asking?”
“You see these people are making all these statements because they are out of government. What she has said is not true, it is unfortunate, it is pathetic, because it is incorrect.”