Thread by @BryteDude

Research indicates that over 20 contracts were awarded with contractors having been paid about ₦360.7 Billion as at the end of Obasanjo's tenure to benefit from his $16 billion power deal. #ProbePowerNow Thread...

https://twitter.com/BryteDude/status/1160916449864617986

₦273.65 billion was the total sum reportedly spent on Power Holding Company of Nigeria (PHCN) from 1999 to 2007.

The different power contracts that were awarded are listed below...
#ProbePowerNow

1. Pivot Engineering Ltd was awarded contracts in the sum of $78,625,736.54 for the construction of Owerri-Ahoada-Yenagoa 132 KVA DC lines and substations. It is to be noted that out of this, $73,023,521.36 was paid to the contractor. #ProbePowerNow

2. ABB [Nig] Ltd [SAE] received a contract in the sum of $21,489,644.79 million and ₦1,489,271,079.60 billion for the construction of second Benin-Onitsha 330 kva SC lines. The contractors got paid the sum of ₦1,675,225,734:40 billion. #ProbePowerNow

3. Siemens Ltd also benefited from a contract of €l5,032,410.65M and N200,000,000M to provide Onitsha 150 Mva, 330/132/33 kva, T/F & 330 KV base at Onitsha & Benin. Out of this contract sum, it received a total payment of €l2,499,567.00M & ₦49,979,258.00M #ProbePowerNow

4. Energovod Src was awarded a project of Alaogi-Calabar 330 kva DC lines in the sum of $42,382,351.30 million and ₦900,000,000 for which payments to the tune of $23,851,466.58 million and ₦431,056,721.00 million were made. #ProbePowerNow

5. AREYVA T/D SPR-and-MBH power-for offshore works for construction of bays got £8,987,322.00 million and ₦600,000,000 million. The foreign payments have been fully made while only ₦161,704,254.50 million on the Naka was paid. #ProbePowerNow

6. Chrome Consortium was awarded contracts for the provision of Gombe-Yola-Jakango 330kva SC lines at $74,872,154.04 million. It was paid $50,000,000. #ProbePowerNow

7. News Engineering Ltd got a contract valued at $3,485,113.50 million and ₦250,000,000 million for the construction of Jalingo 2×30/40 mva; 132/33kv sub-station. It received $2,670,679.36 million and ₦100, 850,347.04 million. #ProbePowerNow

8. Allaogi-Umuahia 132 kva DC line was awarded to Pivot Engineering at $4,067,940.00 million; it got $3,978,676.10 million and ₦406,528,365 million. #ProbePowerNow

9. Valenz Holdings [Nig] Ltd got the contract for Umuahia 2×30/40 mva, 132/33kv substation at $7,083,399.48 million and ₦489,704,091.000 million. It's not clear if the company got paid. #ProbePowerNow

10. Kec/News Engineering handled Gombe-Damatru-Maiduguri 330kv lines at $30,172,772 million and ₦2.5 billion... #ProbePowerNow

11. JKN Limited were awarded Ado-Ekiti 132/33kva sub-station and Akure 132kva Liangbe extension at ₦822 Million . It received ₦521 Million #ProbePowerNow

12. Kano-Dutse 132 kva DC and Dutse-Azare 132 kv SC lines were awarded to LCEP at $50,294,388 million. #ProbePowerNow

13. ABB got Dutse- Azare 2×30/40MVA, 132/33KV Sub -stations cost $12,500,000 million and €1,771,582:83 million. The company received $11,074,967:81 & €354,316:40 million. #ProbePowerNow

14. The Egbin-Ikeja West/Benin Main 330kv DC line and sub-station was given to Energo (Nig) Limited at $8,437,687 million and ₦141,967,775:92 million; it was paid $6,475,037:18 and ₦17,488,890:06 million. #ProbePowerNow

15. NEPA-ACEB Power Interconnection Project (Counterpart Funding) was assigned to SAE Power Lines and Areva (SIS) (Counterpart Funding on ADB Loan on senders) at ₦1,194,500,000:00; ₦1,043,800,000:00 was paid. #ProbePowerNow

16. News Engineering Nig Ltd got the contract for construction of lx30MVA, 132/33W substation at Keffi at N441,534,004:50 N251,700,000:00 #ProbePowerNow

17. Continental Engineering Nig Limited was awarded Talata Mafara 2×30/40MVA, 132/33kv substation (₦453, 532, 829:20) . The company was paid ₦420, 323,334:57. #ProbePowerNow

18. Amukpe (Sapele) lx30/40MVA, 132/33kv sub station went to News Engineering Limited at $1,194,482:34 and ₦219,920,252:71. The company received $1,014,276:14 and ₦78,303,339:54. #ProbePowerNow

19. ABB Power Katempe got National Stadium 132kv DC line for ₦347,000,000:00; it was paid ₦173,500,000:00. #ProbePowerNow

20. ABB Nigeria Limited was to handle rehabilitation of Delta TV Switchyard (€2,879,811:11 and ₦109,899,233:00); ₦36,822,340 was paid. #ProbePowerNow

21. Nnewi 2x60MVA 132kv sub- station was awarded to Valenz Holdings Nigeria Ltd (€4,421,811:72 and ₦251,833,400:00). It received ₦191,734,122:52 million. #ProbePowerNow

22. CMC was awarded New 33kv substation at Omotosho ($30,325,386:00); $3,115,453:00 was paid. #ProbePowerNow

23. Steers Int’l Ltd was awarded $1,395,353:83 and ₦152,092,929:50 for the construction of New 330kv line at Ornotosho/Benin/ Ikeja West in which a down payment of $596,137:71 and ₦34,465,000:00 was made to the contractor. #ProbePowerNow

24. SEPCO got the $30,325,366:00 New 330kv substation at Papalanto. It was paid $8,915,453:00. #ProbePowerNow

25. Kukwaba 2x60MYA, 132/33kv sub-station was awarded to NCEP at $5,252,932:61& ₦272,237,433.25; 20% payment was made, which comes up to $1,050,586:52 and ₦54,447,486:65. #ProbePowerNow

26. CCC Int’l Ltd was awarded Onitsha-Nniwe-Ihiala 132kv DC line at $2, 631,003:58 & N 198,049,270:00. #ProbePowerNow

27. Twenty-six companies carried out FY2000 substation reinforcement projects (₦2,679,487,010:00). They received ₦2.3billion, representing 90% of the contract sum. #ProbePowerNow

Which of these contracts awarded by Obasanjo was actually carried out? Would we have been where we are today if they actually carried out the job they were paid to do? How much did OBJ get as "kickback"? Should we forget it and just move on, or #ProbePowerNow ?