The Federal Ministry of Power and Housing, headed by Mr. Babatunde Fashola, is now being fingered by the Senate in a $350 million fraud. According to the upper chamber, Fashola’s Ministry got part of $1 billion from an Euro bond issued by the Federal Government in 2013, which he said, he intended to spend on project Fast Power.
This is coming as the House of Represetatives has also resolved to investigate the implementation of the World Bank-funded N97billion Growth and Empowerment (GEM) project over poor implementation.