Identifier
Created
Classification
Origin
08ABUJA517
2008-03-18 12:58:00
CONFIDENTIAL
Embassy Abuja
Cable title:
NIGERIA POWER SECTOR FUNDING DISCLOSED
how-toVZCZCXRO7995 PP RUEHPA DE RUEHUJA #0517 0781258 ZNY CCCCC ZZH P 181258Z MAR 08 FM AMEMBASSY ABUJA TO RUEHC/SECSTATE WASHDC PRIORITY 2369 INFO RUEHZK/ECOWAS COLLECTIVE PRIORITY RUEHOS/AMCONSUL LAGOS PRIORITY 8941 RUZEJAA/JAC MOLESWORTH RAF MOLESWORTH UK PRIORITY RUEKJCS/DIA WASHINGTON DC PRIORITY RUEAIIA/CIA WASHINGTON DC PRIORITY RHEHNSC/NSC WASHINGTON DC PRIORITY RHMFISS/HQ USEUCOM VAIHINGEN GE PRIORITY RHEBAAA/DEPT OF ENERGY WASHDC PRIORITY RUEATRS/DEPT OF TREASURY WASHDC PRIORITY
C O N F I D E N T I A L ABUJA 000517
SIPDIS
SIPDIS
DEPT PASS USTR FOR AGAMA, DOE FOR GEORGE PERSON
E.O. 12958: DECL: 03/12/2018
TAGS: ENRG EPET PREL PGOV NI
SUBJECT: NIGERIA POWER SECTOR FUNDING DISCLOSED
REF: ABUJA 402
Classified By: Ambassador Robin Sanders, reasons 1.4 (b) and (d).
C O N F I D E N T I A L ABUJA 000517
SIPDIS
SIPDIS
DEPT PASS USTR FOR AGAMA, DOE FOR GEORGE PERSON
E.O. 12958: DECL: 03/12/2018
TAGS: ENRG EPET PREL PGOV NI
SUBJECT: NIGERIA POWER SECTOR FUNDING DISCLOSED
REF: ABUJA 402
Classified By: Ambassador Robin Sanders, reasons 1.4 (b) and (d).
1. (SBU) Econoff met with Permanent Secretary of Energy
for Power Dr. Abdullahi Aliyu March 6 to discuss
media reports claiming that former President Obasanjo
squandered $16 billion from 1999-2007 on Nigeria's
power sector. The House of Representatives has begun
hearings to investigate how the $16 billion was utilized.
2. (C) The PermSec explained that the $16 billion figure is
not accurate because a supplemental budget of $16 billion
was requested by the administration, approved by the
legislature, but never disbursed. He said the total spent
on the power sector from 1999-2007 was $12.93 billion,
largely for upgrading of basic power infrastructure. He said
week of March 10-14, the Ministry will publicly disclose
the following breakdown of the $12.93 billion:
-- $100 million to the Energy Ministry
-- $3.20 billion to the Power Holding Company of Nigeria
-- $3.07 billion for the National Integrated Power Project
-- $500 million for Rural Electrification
-- $100 million for Management of the Energy Commission
-- $460 million in Loans from the World Bank, the Chinese
Government and others
-- $4.06 billion PHCN internally generated revenue
-- $1.62 billion to the Nigerian National Petroleum
Corporation
3. (SBU) Comment: Nigerian newspapers are filled with
related stories as the House of Representatives Committee
on Power and Steel continues its investigation on monies
spent on the power sector since 1999 and the results (not)
realized. The two areas that receive the most scrutiny
are the $4.06 billion in internally generated revenue and
the $3.07 billion for the National Integrated Power
Projects. The press continues to confuse budget with
expenditure, which further fans the controversy
surrounding Nigeria,s most public development challenge.
SANDERS
SIPDIS
SIPDIS
DEPT PASS USTR FOR AGAMA, DOE FOR GEORGE PERSON
E.O. 12958: DECL: 03/12/2018
TAGS: ENRG EPET PREL PGOV NI
SUBJECT: NIGERIA POWER SECTOR FUNDING DISCLOSED
REF: ABUJA 402
Classified By: Ambassador Robin Sanders, reasons 1.4 (b) and (d).
1. (SBU) Econoff met with Permanent Secretary of Energy
for Power Dr. Abdullahi Aliyu March 6 to discuss
media reports claiming that former President Obasanjo
squandered $16 billion from 1999-2007 on Nigeria's
power sector. The House of Representatives has begun
hearings to investigate how the $16 billion was utilized.
2. (C) The PermSec explained that the $16 billion figure is
not accurate because a supplemental budget of $16 billion
was requested by the administration, approved by the
legislature, but never disbursed. He said the total spent
on the power sector from 1999-2007 was $12.93 billion,
largely for upgrading of basic power infrastructure. He said
week of March 10-14, the Ministry will publicly disclose
the following breakdown of the $12.93 billion:
-- $100 million to the Energy Ministry
-- $3.20 billion to the Power Holding Company of Nigeria
-- $3.07 billion for the National Integrated Power Project
-- $500 million for Rural Electrification
-- $100 million for Management of the Energy Commission
-- $460 million in Loans from the World Bank, the Chinese
Government and others
-- $4.06 billion PHCN internally generated revenue
-- $1.62 billion to the Nigerian National Petroleum
Corporation
3. (SBU) Comment: Nigerian newspapers are filled with
related stories as the House of Representatives Committee
on Power and Steel continues its investigation on monies
spent on the power sector since 1999 and the results (not)
realized. The two areas that receive the most scrutiny
are the $4.06 billion in internally generated revenue and
the $3.07 billion for the National Integrated Power
Projects. The press continues to confuse budget with
expenditure, which further fans the controversy
surrounding Nigeria,s most public development challenge.
SANDERS