Atiku Regrets $16 Billion Power Failure Under Obasanjo
Former Vice President Atiku Abubakar has openly expressed regret over the huge amount of money spent on Nigeria’s electricity sector during the administration of former President Olusegun Obasanjo.
In a recent interview, Atiku admitted that he and Obasanjo spent $16 billion on power projects, yet the country ended up with more darkness instead of steady electricity.
Atiku described the outcome as disappointing and painful for Nigerians who had high hopes for improved power supply. He explained that despite the massive investment, the expected results were not achieved, leaving many parts of the country still struggling with frequent blackouts. His statement has drawn attention because it comes from someone who was directly involved in the government at the time.
The former vice president used the moment to reflect on past decisions in the power sector. He noted that the money was meant to transform Nigeria’s electricity supply, but the projects did not deliver the promised light to homes and industries. Many people have reacted to his comments, with some praising him for being honest while others question why such large sums produced so little improvement.
Atiku’s regret has sparked fresh discussions about how past governments handled the power problem. Nigerians have suffered unreliable electricity for decades, and this admission highlights why many still face the same challenges today. The statement also comes as political conversations heat up ahead of future elections.
As the video of Atiku’s interview spreads online, it serves as a reminder of the long-standing power crisis in Nigeria. Citizens hope that current and future leaders will learn from past mistakes and finally deliver stable electricity that the country desperately needs.
For now, Atiku’s words have left many reflecting on what went wrong with the $16 billion investment.




