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Exposing The Lies In The AIT Documentary, By Ibrahim Abu - Politics - Nairaland

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Exposing The Lies In The AIT Documentary, By Ibrahim Abu by Tradesrunner(m): 10:41am On Jan 31, 2015
The AIT has been airing a sponsored programme called ‘The Real Buhari’ in which attempts were made to discredit General Buhari and thereby weaken the candidacy of the General in the forthcoming elections. Being a good citizen, I decided to issue this rebuttal before they mislead those who are too young to know or not fortunate to have read about these issues from authentic sources.
1: PTF WAS AN ALTERNATIVE GOVERNMENT UNDER ABACHA!

The Petroleum (Special) Trust Fund (PTF) was formed In October 1994 by General Sani Abacha after hiking the pump price of petrol from N3.25 to N11.00 per litre, in furtherance of his promise to set up a fund to distribute the gains from the increase in the pump price of fuel on social and infrastructural projects. The board of the fund, led by former Head of State, Major-General Muhammadu Buhari, was inaugurated in 1995. The fund had an all- encompassing mandate which covered multi-sectoral interventions such as the rehabilitation of roads and waterways, rehabilitation of educational and health institutions, provision of textbooks and stationary items, essential drugs and vaccines, provision of water supply systems, revival of the agricultural sectors, rural electrification projects, telecommunications and food supply sectoral interventions, with an initial capital of N60bn in 1996.

How can an agency with an initial capital of N60bn and spent less than N200bn in itsthree-year life, be an alternative government? Can we say that the SURE-P with a bigger budget is also an ‘alternative government’?

For those already saying that PTF intervention was lopsided in favour of the north, Waziri Adio has presented us with these statistics “It is true that out of the 13,090km roads rehabilitated, 32% in the south and 68% in the north. But that’s half the story. In terms of km, 7.3% of d rehabilitated roads were in SE; 8.5% in SW;16.25 in SS; 21.1% in NW; 23.4% in NE; and 23.5% in NC. But it is also true that the landmass varies among zones and same with degree of difficulty and cost. A look at the cost of roads in different zones and the overall allocation to zones in all PTF projects show a different picture. N77. 2b was committed to roads out of the total of N187b allocated to PTF till May 99.”

“Of the N77.2b to roads, SW got N 9.7 b; SE, N14.5b; SS, N 30. 5b. This means SW got 12.6% of road budget; SE, 18.8%; SS, 39.5%. Of d N77.2b committed to roads, NE got N7.1b; NC, N7. 4b; NW, N7.9b, meaning NE got 9.2%, NC got 9.6% and NW 10.3%. This shows that in terms of cost, the variation btw north and south reversed in favour of d south. Under roads, the south got 70% in terms of amount allocated and the north got 30%. It may sound counter intuitive, but it is also an established fact that road construction costs more in the south than in the north.”
More on http://abusidiqu.com/real-real-buhari-exposing-lies-ait-documentary-ibrahim-abu/

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