Ad Hoc Committee clears OBJ, Imoke, and Agagu…as Yar’ Adua says he can’t implement budget.

The Ad Hoc committee that was set up by the House of Representatives to review the power probe report of the Hon. Ndidi Elumelu led committee on Power has cleared the former president, Olusegun Obasanjo, Cross River State Governor and former minister of power and steel Mr. Liyel Imoke, and former Ondo state governor, Olusegun Agagu of allegations of corruptions levelled against them by the Hon. Ndidi Elumelu led committee on Power, saying that the report was marred with irregularities.

This is coming even as the House of Representatives have resolved to throw the report into the drain and stay back from any form of support to the embattled Rep.

The EFCC has also detained Hon. Elumelu, Sen. Ugbane, and 8 others in its custody, stating also that Hon. Elumelu’s committee awarded over 165 contracts in the power sector in a month!

In other news, our ‘calculating’ President has realised that the 2009 budget is unrealistic and that some projects will have to be dropped. He is also planning to address the National Assembly as regards this budget review.

One wonders if it is not too early for such a review, Mr “Calculated” President.