Dino Melaye accuses Fashola’s power ministry of squandering $385 million

Senator Dino Melaye
Senator Dino Melaye [Photo: dinomelaye.com]

The senator representing Kogi West, Dino Melaye of the All Progressives Congress, on Thursday called the attention of the Senate to alleged “monumental fraud” in the Ministry of Power, Work and Housing headed by Babatunde Fashola.

Mr. Melaye alleged that the Ministry squandered $385 million on projects not appropriated in the budget between 2013 and 2016.

He said that $300 million of the fund was given to IBEX while another $35 million was paid to General Electric and some others.

“Mr. President, in line with the anti-corruption posture of this chamber and especially now that our cries, observations are yielding dividends as expressly manifested in the case of Babachir Lawal, today, I bring to the attention of this Senate a monumental fraud in the power sector.

“In July 2013, the federal Government raised $1 billion from Eurobond issue. From the proceeds, $350 million was given to IBEX in 2014.

“Mr. President, this money was stolen in installments. As I speak to you, sometimes last year again, the Ministry of Power came up with a term they call fast power. This indigested project is supposed to build new generating plants to add power to our grid.”

He sought the leave of the Senate to present a substantive motion on the issue while asking questions on how the Ministry spent the funds it received.

“Mr President, there are few questions we need to ask and that is why I need the nod of the Senate to bring a substantive motion to move in the next legislative day.

“These are the few questions: Up to date, there is no detail to build this new generating plant or a feasibility study, there is no appropriation by the National Assembly for these projects.

“The Ministry has spent so far $35 million on the Afam fast power project that has no appropriation or feasibility studies. How and when was this money appropriated, we need to find out. Out of this money, $29 million was purportedly paid to General Electric for turbines while $6 million was paid to others.

“These, among many other monumental frauds, are taking place. We need the Senate to investigate this.”

The Senate President, Bukola Saraki asked Mr. Melaye to present the issue as a motion on Tuesday after a voice vote in its favour.

Mr. Fashola could not be reached Thursday. His spokesperson, Hakeem Bello, did not respond to telephone calls.


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  • FreeNigeria

    Power ministry is eating alone and not giving returns to the senate. Melaye needs money to buy 2018 vehicle models. Nigeria we hail thee

    • The Truth

      Should there be any “eating” at all either by Power ministry or Senate or anyone?

      • FreeNigeria

        Country Fella help me ask them ooooo. They are putting us in darkness and buying mansions in foreign countries.

  • Frank Bassey

    Thank you Distinguished Senator for your courage and boldness. Fashola is a monumental failure. Now we know he is not what he claims to be. Let him come and tell us how PDP’s 16 years of disaster, or how Jonathan’s poor performance, caused his failure.

    • Hon

      Did you read the article? He is alleging that the money was stolen in 2013 when your master GEJ was president.

      • mayGodpunishopressors

        ur half truth tells me that you are twisted fellow. he said between 2013 and 2016. That means PDP=APC no difference. Voters have been packed aside. I feel sorry for 2015 voters. unfortunately 95% of people that voted for APC in 2015 are the ones suffering more than those that refused to vote.

        • ray

          We will still vote for APC come 2019.So get ready to wail again.

      • ray

        Please let him know

    • Abdul Wada

      I have to confess, I didn’t scream when I read this news, after Buhari and Baru’s $25b nnpc contract scam, nothing moves me again.. No amount is too big to steal again.. I think Fashola will explain how the fund was spent. I still think he’s the only smart person left in this government..

  • nelson umezurike

    Dino I have been following your comments and actions in the senate you will have done better if you have taken to be a comedian. Please after your recall try and open a comedy centre I will buy an executive ticket to come and watch you live

  • NwaIgbo

    Dino is the monumental fraud, what is he still doing in the Senate instead bundled back to Kogi to try his hands on street hawking. This clown is disgusting to say the least.

  • Konkolo

    Only in disfunctional Nigeria that those who need to be locked up for all manners of frauds are now calling the shots. Of all people, Dino Melaye? Where did Dino get the money for all his exotic cars whether used or new? What was his source of income after the University before he became a member of the gang of thieves in NASS?? This deranged ROGUE should let people hear words please.

    • Frank Bassey

      That is not the issue now. If you are too low in knowledge to understand the severity of the issue Dino is raising, you better wait for something less challenging, like debate on child marriage. You sound rather off-track.

      • Konkolo

        Looks like you lack good upbringing my man/woman. That you got 2 upvotes on your comments now makes you a star?? Who are you to judge my knowledge? I reserve my comments as a mark of respect for others on this forum. Please watch your language next time. But if you want to bring it on, I am ready.

        • Frank Bassey

          I do not regard “upvotes” or “downvotes”. This platform is not for accidental intellectuals. I am here and READY for you ANY TIME, ANY DAY.

          • Konkolo

            Wow!!! The only genius around. Applaud yourself.

  • Dazmillion

    How far with this man’s recall? It seems INEC has been settled

    • Sanssouci

      Bros before nko? Did u really think that would happen? These guys are now even emboldened because the monumental corruption being committed daily by presidential cronies is making them look like saints.

    • MilitaryPolice01 [Joint Chief]

      That is not the issue under specific discussion. The issue the man has raised, hate him or love him, is directly related to why you are typing your disqus comments under the cover of darkness while not sure on how you will recharge your batteries when it runs out in 5 minutes

      • Frank Bassey

        Brilliant remark.

    • Frank Bassey

      You must be living in a burrow-pit.

  • Oskirin

    i trust my class captain, he will say his own side of d story..

    mnyl, dino,get ready..ur recall process is around d corner,no matter how many bags of rice u share,we will do what d law says we shd do.

  • Isaac Azor

    Hear someone whose first name is fraud in a chamber code-name ‘fraud chamber’ talking of taking an anti-corruption posture! Surely, wonders shall never end.

    • Frank Bassey

      Surely, wonders shall never end. To saw-dust brains, this sounds like an unending “wonder”. Silly remark.

  • tunde

    democracy in Nigeria lexical meaning,is the government of the few by the elite for individual pocket. It may sound funny and crazy the manner Dino displayed his effluent motions at the chamber but in every rumour there is always an element of true. Fashola that promised Nigerians 6 months power stability should has matter of necessity debunk the rumour spread by Mr integrity

  • Someone

    this dino fraudster again. maybe much ado about nothing….

    • Frank Bassey

      Obviously, this matter is beyond comprehension by termite-eaten brains like yours. If you do not have any cogent comment, why not switch on your TV and watch Cartoon Network?

  • pambegua

    Dino(Senate) do your investigation and if it turns out to be another GRASSCUTTER incidence then I believe PMB will do the needful. Though the SENATE itself is corrupted by individuals like Yerima, Goje, Saraki, Misau, Nwaboshi, Ekweremadu, Dariye, Jang, Akpabio etc BUT the constitution allows you to OVERSEES the Executives(who happened to have currupt personified element’s). At least it is a thing of joy seeing National Assembly getting serious about corruption and the Executive looking into it compared to former Government

  • Olatoye Okunuga

    In as much ad we want accountability and transparency, I believe this is a distraction from the initial demands by Nigerians for the senate/ Rep to disclose their allowances, salaries and total breakdown of their allocation. Instead Saraki/ Dogara are questioning d courts demand for the expenditure of over 500 billion. The house have no morale right therefore to speak on appropriation. They are the biggest fraud in our system.