temitemi1:
GEJ till 2019!!!

Obiagelli:
The senseless writer claim to analyze sector by Sector projects of the ptf, but i see here is roads, roads and roads.

Oga writer can we compare with gej/pdp over the last 16yrs, they are yet to match ptf's record on roads. Funniest part is most of the road projects done by the pdp and gej is also concentrated in the north. So what are we talking about.

Imagine a national daily publishing tribal bullshit.

Obiagelli:


Imagine a national daily publishing tribal bullshit.

GBTYO:
Any body with a Stanford Libary pass can download the full Report of Tribunal of Inquiry into Crude Oil Sales which was setup to investigate the case of missing $4 billion dollars.

Here is the link: http://searchworks.stanford.edu/view/1942901

[img]http://books.google.com/books/content?id=keouAQAAIAAJ&printsec=frontcover&img=1&zoom=1[/img]

theM16:
U neva notice say pple no too dey reply al dez jokes anymore. Its bcomin boring. Say smtin else. Vote ur own mke I vote my own

MudRaker:


Your fanatism for this man is turning you mad.

This man's past shows that he is hopelessly incompetent and corrupt!

Obiagelli:


Can gej and the pdp march ptf's record? No

Gej/pdp has built more roads in the north than south? Yes

Case closed

MudRaker:




https://www.nairaland.com/newpost?topic=1398272&post=17449111

Iykopee:
Special thanks to the white people who worked doggedly to produce the internet system where the world is now seen as a Global Village.. Really, i neva knew buhari had such a repugnant past. Oh, he concentrated 90% of the PTF projects in the north not minding the fact the same money he was spending massively in the north came from the south south.. Little wonder the damned mallams are screaming Sai Buhari to entrench lost favouritism and nepotism. And for those seeking to access presidential power through the back door, assuming buhari finally becomes the president, are criminally dubious indeed. Do they even realised that their brother just left the throne of power some few years ago? Their cries for change has some ulterior motive and their plans wont work

biafranqueen:
The man is bad to the bone Chai! Now I really beleve this man is working with Boko Harem and other plots to destroy Nigeria's progress.He is a big time snitch that did not even have the heart to do the time for his crime. The man is the scum of the earth!

MudRaker:


You have heard of economic hit men , Bola Tinubu is a political hitman and their mission is to instill bad puppet leadership. Obasanjo, MKO, IBB are all in the same club.

Soyinka is an intellectual hitman.

biafranqueen:
Your right I never saw them as such
http://www.democracynow.org/2004/11/9/confessions_of_an_economic_hit_man

MudRaker:


The Political hitman are there to ensure western interests and loot their country dry. The funds are trasnfered to designated offshore accounts tht are managed by covet agencies like te CIA who use these funds to finance shadow ops globally. When the foolish African leader dies the money is then transferred to another account. The siblings and heir of the mumu leader don't even get up to 5% of the sullen funds. MKO children are suffering. Kola Abiola is a landlord.

The judgment includes about $303 million in two bank accounts in the British offshore center of Jersey and $144 million in two bank accounts in France. Three accounts in the United Kingdom and Ireland hold at least $27 million, the statement said.Claims to another $148 million in four investment portfolios in the United Kingdom are pending.Enrico Monfrini, a Swiss lawyer working with the Nigerian government, has traced $2.4bn of assets linked to Abacha, most of which were channelled through European banks.High quality global journalism requires investment.
So far, Nigeria has recovered $1.3bn, the largest tranche of which – $500m – came from Switzerland in 2005. A further $1.1bn – in France, the UK, Luxembourg and the Channel island of Jersey – is still tied up in legal proceedings. The US in March froze more than $458m linked to Abacha in Jersey and France.

shortgun:
Buhari will never be president.

MudRaker:


Pleb.

Tomorrow nah your type go complain say lecturer wicked nah im make you graduate with pass.

When you no fit get work una go talk say nah govt fault.

biafranqueen:
They are not happy with NOI the way she is collecting Abacha's money they have held for years, no wonder the Western world is mad with this administration.

theM16:


Na so u mumu reach. Oya relate dis nonsense u write for hia...smh! Ow u wan tke get pass wt dis ur sense sef!

The Achievement of General Muhammadu Buhari At PTF
General Muhammadu Buhari To PTF Contractors ---- “Perform Well, You Get a Handshake. If You Perform Bad, You Get a Handcuff”
General Muhammadu Buhari was fond of telling contractors on visit to sites: If you perform well, you get a handshake. If you perform badly, you get a handcuff.
Obasanjo never hid his disgust for General Sani Abacha who had jailed him for a phantom coup. Released from jail and still wallowing in a fit of new found spirituality, he wrote a book and called it. The Animal Called Man. And he elected to wage a battle on this Animal Called Man. While taking his oath of office at the Eagle Square on 27th May, 1999, he had pledged to wrestle corruption out of our national psyche. In a fit of mediaeval triumphalism, he chanted: there will be no sacred cows!
But his first attack was a disaster. No sooner had he made that declaration than he dispatched Mallam Haroun Adamu to the headquarters of the Petroleum Trust Fund (PTF), an intervention agency run by General Muhammadu Buhari, to start the war on corruption. Haroun Adamu’s public brief was to wind down PTF but the hidden one was to disgrace General Buhari by exposing the shady deals in PTF.
Contractors working for PTF were used to picking their cheques across the counter without much ado. Under the new inquisitor, contractors discovered they now had to oil their cheques out, something alien to the PTF they knew. They cried foul. And there were several other fouls after the first foul. To say that Obasanjo was thoroughly embarrassed by his minions would be an understatement, so much so that till date he does not discuss PTF in public.
As a General, it would appear that Obasanjo read Sun Tzu’ s The Art of War upside down. Sun Tzu had counselled: Know thyself; know thy enemy. You will fight a thousand battles without defeat. The blitzkrieg he deployed only showed he did not know PTF. He might not have needed to fire a shot to win or wean PTF. To date, most Nigerians knew how PTF started, what it did but not how it ended. Not known as one who forgives, was it not surprising that General Buhari walked the streets with his head high throughout Obasanjo’s imperial majesty when the fear of EFCC was the beginning of political wisdom?

In October 1994, General Sani Abacha increased the pump price of petrol from N3.25k to N11.00 per litre. Nigerians assailed him with criticisms for this unpopular move and to assuage their feelings, he quickly established the Petroleum (Special) Trust Fund to use a portion of the proceeds of the increase to intervene in critical sectors of the economy. Nigerians never took Abacha seriously on this project until Gen Muhammadu Buhari was announced and inaugurated the chairman of the PTF in March 1995. That PTF awarded contracts worth billions of naira is not news. The news the PTF made within the four years it existed was and still is that contracts awarded were executed to their logical conclusion and for those not executed, the PTF got every kobo back. Before PTF, contractors were used to abandoning contracts and bolting away with their advance payments. It never happened in PTF. When Buhari visited the Onitsha end of the Enugu-Onitsha express way awarded to a local contractor and discovered the job was abandoned, he simply called on the bank that guaranteed the contractor to pay back. There and then, the contract was terminated and later awarded to another contractor. From that moment, banks and insurance companies that provided bonds to contractors learnt that the old order had changed and had to monitor projects it guaranteed.
For the years it existed, PTF published its annual reports and always addressed press conferences to respond to issues arising from the reports. And each time it did, it challenged anybody who could deliver on any of its projects at a price cheaper than what it cost the PTF to submit his proposal. Nobody ever did.
In one of the presentations of its annual report, the Executive Secretary of the Board of the PTF, Chief Tayo Akpata, maintained that the roads constructed by the PTF not only cost less than World Bank funded roads but were also better qualitatively. He challenged anyone to prove the contrary. Until the PTF was scrapped, nobody did.
While the PTF existed, contractors never needed to lobby and grease palms to get LPO’s. You only needed to belong to the appropriate group of the Manufacturers Association of Nigeria and other professional groups to qualify. Not a few contractors received requests to supply the PTF in the comfort of their offices. It was so unbelievably true that some had to travel to Abuja to reconfirm if the LPO’s they received were genuine. And genuine they were.
To be paid for a completed contract, all the contractor needed was to present a certificate of completion issued by the ubiquitous consultants engaged by the PTF and his cheque would be prepared. And with a proper letter of introduction, a contractor could send a third party to pick his cheque across a counter in the Finance Department without any ceremony. One cannot also forget in a hurry the PTF drug revolving scheme. Under this, the PTF set up offices in hospitals across the country and supplied them with drugs. The financial consultants employed by the Fund ensured that receipts from the sales of the drugs were used to replenish the stocks in an unending cycle that banished out-of-stock anthem the Nigerian publics were forced to listen to before then. And it was not easy to divert PTF drugs to the parallel market. The smallest tablet supplied had PTF logo engraved on it. Somebody attempted diverting the drugs and was caught. General Buhari took up the case personally and ensured the culprit went to jail. After that, nobody heard of diversions again.
The strategy of the PTF in procuring these drugs is worth reviewing. Over 60% of the drugs supplied to the PTF were locally produced. In fact, the PTF only imported drugs that could not be produced by the local pharmaceutical firms. The pressure on the existing pharmaceutical companies was so much that almost all these firms had to increase their capacity by expanding and employing more hands. Neimeth Pharmaceuticals, Emzor Pharmaceuticals among others can be contacted to affirm or disprove this. This policy was deliberately made to ensure that more jobs were created within the economy. Builders who built for PTF would also tell you that they were not allowed to import paints. There was a list of all the paint manufacturers in the country maintained at the PTF from which builders bought paints. Within the same period, the capacity utilisation in these companies soared as they expanded and created more jobs. A look at the records kept by IPWA plc and other existing paint makers within the period under review is worth attempting to digest the profundity of the PTF intervention in the building sector; and other sectors it intervened in as its model was so overarching that critics labelled it the alternative government.