Despite corruption scandals, World Energy Forum appoints Obasanjo board member

President Olusegun Obasanjo
Former President Olusegun Obasanjo

There were several unresolved corruption scandals in the energy sector during Mr. Obasanjo’s tenure as president.

Despite the corruption prevalent in the energy sector while he was President, and Nigeria’s inability to maximise its energy potentials, former President Olusegun Obasanjo is set to play a leading role in the ongoing African Energy Summit in Dubai.

This was disclosed by Harold Oh, the Chairman of the World Energy Forum on the official Website of the 2012 World Energy Forum taking place in Dubai, United Arab Emirates.

Mr. Oh said the Summit was an integral part of the World Energy Forum, adding that Mr. Obasanjo had been admitted as a new member of the Board of Directors of the global body.

“President Obasanjo will play a leading role in the African Energy Summit which is an integral part of World Energy Forum 2012,” he said.

Over 80 participants including Presidents, Prime Ministers and their representatives from different parts of the globe, as well as the management of the Nigeria National Petroleum Commission, NNPC, are attending the three-day event.

The three-day event is being held outside UN headquarters, New York, for the first time.

The summit is expected to come up with a universally cheap access to energy and sustainable development as well as re-define progressive energy infrastructure for all. It is expected to consider a variety of other energy sources through the use of innovative technology and find solutions.

Some of the corruptions scandals in the energy sector include the $180 million Halliburton bribery scandals, which Mr. Obasanjo is believed to have benefitted from and for which one of his aides is being prosecuted; and the mismanagement of about $16 billion power funds meant to help Nigeria achieve stable electricity.

Support PREMIUM TIMES' journalism of integrity and credibility

 

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: New Discovery! Click Here To See A Miracle Device That Can Cure DIABETES, BLOOD PRESSURE, STROKE, ARTHRITIS, PAINS, OBESITY And 50 Other CHRONIC DISEASES Without Drugs Or Herbs.. Click Here Now To See It


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.