PassingShot:
Contrary to the perceived lopsided siting of the intervention projects executed by the defunct Petroleum (Special) Trust Fund (PTF) in certain geo-political zones, the South-South zone got the lion’s share of the projects under the leadership of the former head of state and presidential candidate of the All Progressives Congress (APC) Gen Muhammadu Buhari.

This development and other disclosures were contained in a document obtained by LEADERSHIP last night.

The PTF was an intervention initiative put in place by the late Gen Sani Abacha regime which was operated between 1995 and 1999 to invest in socio-economic infrastructure – including in road transportation and waterways, water supply, food supply, health and education – the gains that would accrue from a new pricing regime for petroleum products introduced in October 1994, from N3.25 to N11 per litre, an increase of N7.75 per litre.

During the four years of its operation, the resources available to the PTF, according to findings, represented less than 10 percent of the nation’s budget.

From its inception in May 1995, and more particularly from January 1996 when it received its first disbursement, the PTF worked diligently in the execution of its mandate through its programmes, with an objective of resuscitating the nation’s collapsing social services and deteriorating infrastructure.

According to findings, a working formula was adopted by the Fund that recognized three categories of projects and allocated funds available to them: federal projects, 48.5%; state projects, 50% and FCT direct allocation, 1.5%. The state project funds in turn were allocated to respective states/zones using a set of criteria that gave consideration to equity, population, land/water mass, terrain difficulties and needs assessment. The location and coverage of the

PTF programmes and projects were designed to carefully fulfill these criteria.

In terms of allocations made to fund PTF projects as at May 1999, out of an estimated total of 187 billion Naira to all projects and programmes, about 56.5% was committed on projects in Zones 1 (South West), 2 (South East) and 6 (South South), i.e. the zones in the south of the country. Zones 3 (North West), 4 (North East) and 5 (North Central) had a combined allocation of about 43.5%. Indeed, in terms of difficulties in natural terrain, the projects in Zone 6 (the South South), such as road construction, were the most capital intensive. The highest zonal commitment was on capital projects in this zone, with 26.2%.

In terms of actual disbursements to projects by May 1999, 52% of all disbursement was made in respect of projects in Zones 1 (South West), 2 (South East) and 6 (South South).

Shortly before the inauguration of President Olusegun Obasanjo, Buhari submitted his resignation from the Board of the Fund. The rest of the Board of Trustees effectively became dissolved at the point of scrapping the body, in late June 1999.


http://leadership.ng/news/411492/ssouth-got-lions-share-of-ptf-projects-under-buhari

Op, don't ever think that all Nairalanders are fools. I challenge you to publish the list of those projects purportedly concentrated in the south for us to see.

The way Nigerians tell lies baffles me. Just look at the number of projects Buhari claims he did in the SS, the hospitals, the roads, the schools et al. But the likes of ATIKU while as vice president went overseas to treat himself of dislocation when he slipped. President Yar Aua went to Germany, according to him to treat catarrh, then the question is where are those hospitals Buhari built or refurbished?

Recenty people like TINUBU, IBB all came from overseas medical checkup which means they did not build any while in power. Buhari built a thousand and one schools in the SS but his children are schooling abroad, common let someone give me a break here.


It is one thing to make claim and another to prove it. But the foolish and gullible Nigeria will swallow everthing line hook and sinker. Buhari is scammer if he made those claims.


Useless generation!!!!!!!

While I cannot tell the exact distribution of the project of PTF among the six geo-political zones, I still remember that as a young boy in Port Harcourt, I witnessed the road construction of streets like Chigbu, Ovim and Wokoma in Mile 3. Uptil some ten years ago I still saw the trademark whitish (though had faded) signboard of the PTF on the streets.

Serious something.

This diagram is exactly why the Yorubas and their northern collaborators want Jonathan out. So that they can keep playing "jangolover" with the office of the president of Nigeria even though their real intent is the enormous oil and gas wealth of the SE/SS people. How is it that anyone can explain the fact that the northern zone that contributes nothing to Nigeria are getting close to 50% of PTF projects? Someone is a parasite who contributes nothing and is saying "born to rule". The last economic index I read stated that the South-South contributes 70% percent to the national coffer,the South East 11%,the South-west and Lagos 19%. The entire North contributes a big fat zero yet someone is coming from the north to 'demand' leadership of something he puts nothing into with the tacit help of the Yorubas .(who are frightend of how they will survive without oil money and need the help to keep Nigeria one). This diagram elaborates the fraud knows as 'one Nigeria' and should GEJ not be elected,it's goodbye 'one Nigeria' forever.

TippyTop:


See his impact, well received here,

When i mentioned that uneducated people venture into discussions not meant for them, i did not realise that they will swiftly start to show themselves. That is why you dont know the difference between UBE/SUBEB projects and PTF projects.

Sir, i beg you in Jesus name, i enjoy debating with intelligent people, ignorance make me sick.

So wat ?....its their money,I don't expect less

sleekp1:
[size=18pt]CHECK THESE FACTS[/size]



90% of Nigeria's wealth comes from the SS and this dictator working with another dictator stole our resources to better his people only to twist the facts 20yrs later, who will buy this bullcrap?
We in the SS are waiting for Leadership newspaper to point to us where these projects are located.
Meanwhile we want fresh air in the SS, Buhari and leadership newspaper can kiss my a.s.ss.
[size=18pt]
Leadership newspaper is owned by APC presidential aspirant Sam Ndah-Isaiah[/size]

www.nairaland.com/attachments/2117692_freshair_gif8314145a2e711a494c07cd0f47fd29d5

Go back to your supposed facts and see that its all a fallacy. According to ur document, the bulk of the fund for the ptf came from the southwest...how is it possible? why shud i believe d rest of the story?

9 out of the 12 new federal universities are in the north, 70% of the Agric budget goes to the north, Almajiri skool....all in the north.

Tell us another story.

PassingShot:
Contrary to the perceived lopsided siting of the intervention projects executed by the defunct Petroleum (Special) Trust Fund (PTF) in certain geo-political zones, the South-South zone got the lion’s share of the projects under the leadership of the former head of state and presidential candidate of the All Progressives Congress (APC) Gen Muhammadu Buhari.

This development and other disclosures were contained in a document obtained by LEADERSHIP last night.

The PTF was an intervention initiative put in place by the late Gen Sani Abacha regime which was operated between 1995 and 1999 to invest in socio-economic infrastructure – including in road transportation and waterways, water supply, food supply, health and education – the gains that would accrue from a new pricing regime for petroleum products introduced in October 1994, from N3.25 to N11 per litre, an increase of N7.75 per litre.

During the four years of its operation, the resources available to the PTF, according to findings, represented less than 10 percent of the nation’s budget.

From its inception in May 1995, and more particularly from January 1996 when it received its first disbursement, the PTF worked diligently in the execution of its mandate through its programmes, with an objective of resuscitating the nation’s collapsing social services and deteriorating infrastructure.

According to findings, a working formula was adopted by the Fund that recognized three categories of projects and allocated funds available to them: federal projects, 48.5%; state projects, 50% and FCT direct allocation, 1.5%. The state project funds in turn were allocated to respective states/zones using a set of criteria that gave consideration to equity, population, land/water mass, terrain difficulties and needs assessment. The location and coverage of the

PTF programmes and projects were designed to carefully fulfill these criteria.

In terms of allocations made to fund PTF projects as at May 1999, out of an estimated total of 187 billion Naira to all projects and programmes, about 56.5% was committed on projects in Zones 1 (South West), 2 (South East) and 6 (South South), i.e. the zones in the south of the country. Zones 3 (North West), 4 (North East) and 5 (North Central) had a combined allocation of about 43.5%. Indeed, in terms of difficulties in natural terrain, the projects in Zone 6 (the South South), such as road construction, were the most capital intensive. The highest zonal commitment was on capital projects in this zone, with 26.2%.

In terms of actual disbursements to projects by May 1999, 52% of all disbursement was made in respect of projects in Zones 1 (South West), 2 (South East) and 6 (South South).

Shortly before the inauguration of President Olusegun Obasanjo, Buhari submitted his resignation from the Board of the Fund. The rest of the Board of Trustees effectively became dissolved at the point of scrapping the body, in late June 1999.


http://leadership.ng/news/411492/ssouth-got-lions-share-of-ptf-projects-under-buhari

muzzol:


When i mentioned that uneducated people venture into discussions not meant for them, i did not realise that they will swiftly start to show themselves. That is why you dont know the difference between UBE/SUBEB projects and PTF projects.

Sir, i beg you in Jesus name, i enjoy debating with intelligent people, ignorance make me sick.

Mr genius the joke is on you, those projects were in 2005, if PTF did what you said they did in your first post, we wouldn't need UBE. Check the post below where you said we needed to visit our schools to see the impact of PTF.

muzzol:
Talking of education, whosoever come here and claim not to have seen impact of PTF in our universities, polytechnics and colleges of education (accross the nation) just prove that he/she did not attend one and thus should forever desist from intefering when we discuss issues of education.

Moreover, visit your Primary, secondary and tertiary health centres and tell me if you wouldnt see PTF impacts.

omenka:
We all know that 99% of the things that are being said about Buhari are all a tissue of lies actively propagated by PDP and her online minions.

Don't ever say that rubbish again or else the souls of youth corpers and other Nigerians killed by Buhari's reckless and satanic statements will destroy you and your family too. Ask your demented brain if it was PDP that forced Buhari to say the ffg;
1. That muslims should only vote for those who will protect Islam.(He never denies it unless you want to do it for him)
2. That he would ensure Sharia was practised all over Nigeria(a secular state)
3. Accused Jonathan of killing northerners in the fight against Boko haram but turn around to blame his govt for insecurity!
4. Canvassed for Boko haram to be given amnesty!
5. Rejected his nomination by Boko haram as negotiator with the govt but claims he wants to fight insurgency if voted into power.
6. Recently condemned the govt for forming alliance with Chad and Cameroun to fight Boko haram.
Don't come here to sell a bad product on Nairaland. Buhari is a devil-incarnate.

topics like thi just make me laugh


the PTF is an intervention programme designed for petroluom producing comunities especially for the south south communities that produce the oil.


so if buhari was used to reach out to those people in terms of providing projects etc

does that become a thing to celebrate no that was the purpose of PTF reach the south south


what people should ask is in his capacity as a head of state what did he do for south south



JONATHAN has don far better in terms of reaching all the geo-political zones in nigeria.


let the good work continue

GEJ TILL 2019

TippyTop:


Someone already posted a counter to the lies.

What sleekp1 posted is not really different from what I posted. The difference lies in the fact that the North, given the land mass available there, will always require more roads and other infrastructures than the South. When compared to population size and land mass, under Buhari, the South actually benefitted more than the North. Keep sentiments aside and reason things objectively.

TippyTop:


Mr genius the joke is on you, those projects were in 2005, if PTF did what you said they did in your first post, we wouldn't need UBE. Check the post below where you said we needed to visit our schools to see the impact of PTF.

For the last time, i will expose your ignorance. In my post, i mentioned tertiary institutions and you replied in your wisdom with pictures of primary schools with bold UBE sign. After trying to make you see your folly with believe that you'll use your Mb to learn vide at worst google, you still posted this trash......your case is almost irredeemable.

Like i said earlier, i enjoy robust and intelligent debate spiced with well researched ideas and data. Ignorance is a taboo in my hood.

samplegirl:
The way Nigerians tell lies baffles me. Just look at the number of projects Buhari claims he did in the SS, the hospitals, the roads, the schools et al. But the likes of ATIKU while as vice president went overseas to treat himself of dislocation when he slipped. President Yar Aua went to Germany, according to him to treat catarrh, then the question is where are those hospitals Buhari built or refurbished?

Recenty people like TINUBU, IBB all came from overseas medical checkup which means they did not build any while in power. Buhari built a thousand and one schools in the SS but his children are schooling abroad, common let someone give me a break here.


It is one thing to make claim and another to prove it. But the foolish and gullible Nigeria will swallow everthing line hook and sinker. Buhari is scammer if he made those claims.


Useless generation!!!!!!!

pardon my enthusiasm pls. are you indirectly saying that after 5yrs jonathan did nothing in the health sector? public officials including gej n pej stil go abroad for minor ailments!

Timoleon:


pardon my enthusiasm pls. are you indirectly saying that after 5yrs jonathan did nothing in the health sector? public officials including gej n pej stil go abroad for minor ailments!

Hmmmmm! mumu wey just pass dey smell. Feel like throwing up!

sleekp1:
[size=18pt]CHECK THESE FACTS[/size]



90% of Nigeria's wealth comes from the SS and this dictator working with another dictator stole our resources to better his people only to twist the facts 20yrs later, who will buy this bullcrap?
We in the SS are waiting for Leadership newspaper to point to us where these projects are located.
Meanwhile we want fresh air in the SS, Buhari and leadership newspaper can kiss my a.s.ss.
[size=18pt]
Leadership newspaper is owned by APC presidential aspirant Sam Ndah-Isaiah[/size]

www.nairaland.com/attachments/2117692_freshair_gif8314145a2e711a494c07cd0f47fd29d5

na only fresh air? Hurt air dnt deceive ur self

OLADD:


Don't ever say that rubbish again or else the souls of youth corpers and other Nigerians killed by Buhari's reckless and satanic statements will destroy you and your family too. Ask your demented brain if it was PDP that forced Buhari to say the ffg;
1. That muslims should only vote for those who will protect Islam.(He never denies it unless you want to do it for him)
2. That he would ensure Sharia was practised all over Nigeria(a secular state)
3. Accused Jonathan of killing northerners in the fight against Boko haram but turn around to blame his govt for insecurity!
4. Canvassed for Boko haram to be given amnesty!
5. Rejected his nomination by Boko haram as negotiator with the govt but claims he wants to fight insurgency if voted into power.
6. Recently condemned the govt for forming alliance with Chad and Cameroun to fight Boko haram.
Don't come here to sell a bad product on Nairaland. Buhari is a devil-incarnate.

1. Produce the evidence that Buhari indeed said that statement. He denied it just few days ago on air.
2. That again was another misrepresentation. He cleared it by saying he was referring to Sharia as already contained in the constitution which is meant for Muslims only and to be used in customary courts for Muslims.
3. Even the International community condemned the way and manner our soldiers were extra judicially killing innocent civilians. And that was what Buhari had problems with.
4. As at then, it was not a bad idea to ask for amnesty for Boko Haram if it was going to achieve result.
5. Why should he accept to negotiate on behalf of a faceless group?
6. He didn't condemn the alliance. He only said it's a disgrace that Nigeria had to rely on her neighbors to fight Boko Haram. He had even canvassed for a cooperation with our neighbors long before this administration did.

Show us evidence or proof APC
Lies will take u no where

Lies

OLADD:


Don't ever say that rubbish again or else the souls of youth corpers and other Nigerians killed by Buhari's reckless and satanic statements will destroy you and your family too. Ask your demented brain if it was PDP that forced Buhari to say the ffg;
1. That muslims should only vote for those who will protect Islam.(He never denies it unless you want to do it for him)
2. That he would ensure Sharia was practised all over Nigeria(a secular state)
3. Accused Jonathan of killing northerners in the fight against Boko haram but turn around to blame his govt for insecurity!
4. Canvassed for Boko haram to be given amnesty!
5. Rejected his nomination by Boko haram as negotiator with the govt but claims he wants to fight insurgency if voted into power.
6. Recently condemned the govt for forming alliance with Chad and Cameroun to fight Boko haram.
Don't come here to sell a bad product on Nairaland. Buhari is a devil-incarnate.

In the same vein, the blood of all that died in the immigration job scam and those killed by police for protesting against fuel hike punish those who support this government and their generations.

samplegirl:


Hmmmmm! mumu wey just pass dey smell. Feel like throwing up!

i was goin to ignore your response until i saw ur moniker. it got me thinkig its possible true. you are a sample girl. where your mama dey do ashawo up and down wey men dey sample her for street na him she get your belle, u b sample!

Timoleon:


i was goin to ignore your response until i saw ur moniker. it got me thinkig its possible true. you are a sample girl. where your mama dey do ashawo up and down wey men dey sample her for street na him she get your belle, u b sample!

So you are the mumu wey dey smell? hmmmmmmmmmmmmmmm!!!!!!!!!

[quote author=sleekp1 post=30660861][size=18pt]CHECK THESE FACTS[/size]



90% of Nigeria's wealth comes from the SS and this dictator working with another dictator stole our resources to better his people only to twist the facts 20yrs later, who will buy this bullcrap?
We in the SS are waiting for Leadership newspaper to point to us where these projects are located.
Meanwhile we want fresh air in the SS, Buhari and leadership newspaper can kiss my a.s.ss.
[size=18pt]
Leadership newspaper is owned by APC presidential aspirant Sam Ndah-Isaiah[/size]


[img]https://media./media/fBEDuhnVCiP16/giphy.gif[/img]

PassingShot:
Contrary to the perceived lopsided siting of the intervention projects executed by the defunct Petroleum (Special) Trust Fund (PTF) in certain geo-political zones, the South-South zone got the lion’s share of the projects under the leadership of the former head of state and presidential candidate of the All Progressives Congress (APC) Gen Muhammadu Buhari.

This development and other disclosures were contained in a document obtained by LEADERSHIP last night.

The PTF was an intervention initiative put in place by the late Gen Sani Abacha regime which was operated between 1995 and 1999 to invest in socio-economic infrastructure – including in road transportation and waterways, water supply, food supply, health and education – the gains that would accrue from a new pricing regime for petroleum products introduced in October 1994, from N3.25 to N11 per litre, an increase of N7.75 per litre.

During the four years of its operation, the resources available to the PTF, according to findings, represented less than 10 percent of the nation’s budget.

From its inception in May 1995, and more particularly from January 1996 when it received its first disbursement, the PTF worked diligently in the execution of its mandate through its programmes, with an objective of resuscitating the nation’s collapsing social services and deteriorating infrastructure.

According to findings, a working formula was adopted by the Fund that recognized three categories of projects and allocated funds available to them: federal projects, 48.5%; state projects, 50% and FCT direct allocation, 1.5%. The state project funds in turn were allocated to respective states/zones using a set of criteria that gave consideration to equity, population, land/water mass, terrain difficulties and needs assessment. The location and coverage of the

PTF programmes and projects were designed to carefully fulfill these criteria.

In terms of allocations made to fund PTF projects as at May 1999, out of an estimated total of 187 billion Naira to all projects and programmes, about 56.5% was committed on projects in Zones 1 (South West), 2 (South East) and 6 (South South), i.e. the zones in the south of the country. Zones 3 (North West), 4 (North East) and 5 (North Central) had a combined allocation of about 43.5%. Indeed, in terms of difficulties in natural terrain, the projects in Zone 6 (the South South), such as road construction, were the most capital intensive. The highest zonal commitment was on capital projects in this zone, with 26.2%.

In terms of actual disbursements to projects by May 1999, 52% of all disbursement was made in respect of projects in Zones 1 (South West), 2 (South East) and 6 (South South).

Shortly before the inauguration of President Olusegun Obasanjo, Buhari submitted his resignation from the Board of the Fund. The rest of the Board of Trustees effectively became dissolved at the point of scrapping the body, in late June 1999.


http://leadership.ng/news/411492/ssouth-got-lions-share-of-ptf-projects-under-buhari

Please Leadership newspaper i need a breakdown of this percentages because no evidence on ground to show for all this in SW, SE or SS.

omenka:
We all know that 99% of the things that are being said about Buhari are all a tissue of lies actively propagated by PDP and her online minions.

....And every positive thing said about pdp is true ba?

Well said, on paper. where are the projects on ground? We in the s/s knows very well that the dictator does regard us as anything . That is why he didn't even care to come and campaign there in 2011. He only came in 2015 because he believes the traitorous Ameachi can help him win 25% in some of the States there.

Lies

Only God go punish the people wey de use election lie.

Abeg give me Constant Light over fresh air... Come on! be Real... The only reason you are collecting fresh air is because NEPA no dey

Why they no go get lion share na ur oil before?