LORD OBASANJO DECISION ON THE MISSING BUHARIS PTF BILLIONS OF - TopicsExpress



          

LORD OBASANJO DECISION ON THE MISSING BUHARIS PTF BILLIONS OF DOLLARS AND HOW HE MADE HIS CONCLUTION WITHOUT REGARD TO THE PANELS REPORT AND RULE OF LAW. THIS IS HOW WE LOST PTF BILLIONS OF DOLLARS UNDER BUHARI. Former President Olusegun Obasanjo yesterday in Abeokuta, the Ogun State capital, said nothing was really amiss in the public life of the presidential candidate of the All Progressives Congress (APC), General Muhammadu Buhari (rtd). Obasanjo made the remark after a cursory review of the records of the APC standard bearer, when he was Minister of Petroleum Affairs under him as military head of state between 1976 and 1979 and as head of the Petroleum Trust Fund (PTF) in the 1990s, describing Buhari as unblemished. “When you (Buhari) were going to become manager of PTF, we talked about it and when you finished and I took over, we looked into it. “I haven’t said this publicly, I would say it publicly now. When we looked into it, there was really nothing amiss except that that organisation went from road building into mosquito net buying and all sorts of thing. And what the investigation discovered is a bit of inconsistency in prices and all that. In one area, mosquito net might have been given for N50; in another, N45. And then, we remarked that this is fishy. We should look into it. “And I called my brother and colleague (Buhari), I said this and he said ‘look, we are managing billions of Naira and I tried to make sure I see everything. But I will not say that what they have said about this is correct or not correct. But I can assure you, I tried to see everything.’ I said okay. Muhammadu, between me, you and God, was there any personal benefit for you? And you said no. I said that is the end of the matter. Although there was that investigation, its report was not of any material importance,” Obasanjo said. OBASANJO DID NOT SEE ANY PROBLEM IN THE REHABILITATION OF ROADS AND DISTRIBUTION OF OTHER MATERIALS. PERHAPS, THIS COULD THE ONE HE SAID WAS NOT OF ANY MATERIAL IMPORTANCE. For the avoidance of doubt, let us attempt sector by sector analysis here. Of all the roads rehabilitated by the PTF, only 1984.5 kms of roads representing 24% were carried out in the entire South; from where the bulk of the PTF revenue came since the south consumes over 70% of refined petroleum products. Out of this paltry figure, South West got 10.5% while South east and south south combined, got only 13.5% of all the roads, despite being ravaged by erosion and swamps. What this means is that all the Southern States had 4,440.43 kms or 24 per cent of road rehabilitation as against 13,870.47 kms or 76 per cent in the Northern States. The North-West States of Jigawa, Kaduna, Kano, Katsina, Kebbi, Sokoto and Zamfara had a lion share of 5020 kms or 27.42% because the Fund’s Chairman, puritan Buhari and the military dictator Sani Abacha were from there; The North-East States of Adamawa, Bauchi, Borno, Gombe, Taraba and Yobe picked 23.48 per cent. This is the zone where Salihijo Ahmed, the late Chief Executive of Afri-Project Consortium APC, the sole consultants that supervised all PTF projects came from. The Afenifere submission showed further the Figures in other sectors were even more callous. For instance, under the National Health and Educational Rehabilitation Programme (NHERP), the entire south had zero allocation in the tertiary programme, while the North picked 100%. In the vocational programme, the entire South had 3% while the North had 97%. In the primary area, the South recorded 12% as against 88% for the North and in the secondary area, it was 14% for the entire South and 86% for the North, again courtesy of the fair-minded general who the APC says will bring the change we need. The health sector is also similar. For the Teaching Hospitals, the South had 38% while the North had 62%. For the Specialist Hospitals, it was 29% for the South and 71 per cent for the North; in General/State Hospitals the south had 44% while the North had 56%. For health clinics, it was zero for the entire South against the North’s 100 per cent. Under the food supply summary, the South had 17% compared with 83% for the North, Buhari’s zone having 60.54 per cent to itself. Figures do not lie. Why should a fair-minded nationalist run the PTF in such lopsided manner? Is he seeking votes to return to power to wreck more underdevelopment to the southern Nigeria? https://facebook/groups/paff.789/ Paffcomm paffcomm TO WATCH NIGERIA TELEVISION LIVE AND VIDEOS AND NEWS ON THE HAPPENINGS IN NIGERIA AND AROUND THE WORLD GO TO. Paffcomm world news television https://facebook/…/Paffcomm-world-n…/788694787860922
Posted on: Wed, 14 Jan 2015 06:18:46 +0000

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