₦airaland Forum

So long as he is rich, baby is your opportunity just one or two times, and collect your own share of the NATIONAL CAKE, he may be one of the people Atiku was loaning our money to, so any girl who finds herself in such a situation should utilise it very very well,even if the man is married, the High level of corruption in nigeria is such that every rich man is guilty. And any fortunate lady MUST not miss her Destiny,it comes once in a life time, you miss it ,you miss your entire EXISTENCE.

Better do it and improve your living condition and that of your love onces that live in misery and die POr, REMEMBER YOUR DEAD WITHOUT MONEY.

GO A WATCH THAT NIGERIAN FILRM CALLED :WOMEN OF FAITH 1/2

If a girl likes you, the first day she comes to your house ,she will tell you she want to take a bath if she did she will ask for a cream and ask you to help rub her back, in that way she throws herself on you. Love is sweet isn't it But always have CONDOMS in the house. gardé toujour les presavatif a la maison STP

Atiku vows to prosecute Iwu if…
By Chris Ochayi
Posted to the Web: Friday, March 02, 2007



LOKOJA — ACTION Congress (AC) presidential candidate, Vice President Atiku Abubakar, yesterday, vowed to contest the forthcoming April polls, and promised to jail the Chairman of the Independent National Electoral Commission (INEC), Professor Maurice Iwu, should the electoral body allow itself to be used to scuttle his (VP’s) presidential ambition.

Alhaji Abubakar, at his campaign rally in Lokoja, said INEC lacked the power to disqualify him or any candidate for that matter. “There is nobody, no government agent that has power to disqualify anybody, except the court,” he said, adding: “Any attempt by the Independent National Election Commission (INEC) to disqualify anybody from the elections, there will be no elections in Nigeria.

“It is only the court that has the right to disqualify anybody. They cannot disqualify anybody because they don’t have the right to do so. We are sending a message to those people in Abuja, we are sending a message to those people in Otta that any attempt to disqualify anybody, they must have hot iron in their arms.

“We must defend our democracy. The day is over in this country when you can just wake up and decide to disqualify somebody. The only person who can disqualify me is you (electorate).

“The PDP must go, they must go. The gathering here today (yesterday) has revealed the desire of the people for a change. The people of Kogi State are going to sweep away the PDP, the autocratic party, the Poverty Development Party. Today we stand before you to proclaim that we are going to change the plight of Nigerians.
“Kogi State is one of the richest states in Nigeria yet struck by poverty. You have mineral resources. The PDP promised to dredge the River Niger which it has failed to fulfil. But let me assure you that I will dredge the River Niger for you if voted in as president. They are trying to destroy Ajaokuta, we must stop them from doing that,” he said.

The VP who received the news of the dismissal of INEC’s application for stay of proceeding by a court in Abuja over the legality of the verification cum screening of the candidates while the campaign was on-going, promised to send Iwu to jail if he abused the court order.

Action Congress governorship candidate in the Kogi State, Senator Mohammed Ohiare, promised to raise the wages of civil servants in the state if voted in.

Push for Atiku's trial, Obasanjo tells Senate
By Ben Agande & Emma Ujah
Posted to the Web: Friday, March 02, 2007




ABUJA — PRESIDENT Olusegun Obasanjo opened a new frontier yesterday in his current face-off with Vice President Atiku Abubakar when he asked the Senate to recommend the VP for prosecution after May 29 for his alleged role in the PTDF scandal.

The VP, according to him, has "demeaned the exalted office of the Vice President of the Federal Republic of Nigeria by his ignoble act and exposing Nigeria to ridicule."
The Senate ad-hoc committee on PTDF, in its report submitted to the Senate on Tuesday, indicted the VP for misappropriation of public fund.

Presidential Special Assistant on Public Affairs, Mallam Uba Sani, told reporters yesterday that Alhaji Abubakar should be made to refund whatever amount of money he misappropriated from the PTDF account. “For abusing his office and exposing Nigeria to ridicule, the Senate may wish to recommend that Atiku Abubakar refunds the monies he misappropriated with his cronies, in addition to prosecution on leaving office,” Mallam Sani said.
Mallam Sani said the committee report had put a stop to “Atiku Abubakar’s ‘voyage of deceit.’”

Defending his principal, Mallam Sani said President Obasanjo had always maintained he had nothing personal against Atiku, other than the need to have him conform with his oath of office and stop him from subverting the anti–corruption war which the administration is waging.

“We must not, however, fail to correct the erroneous impression that the president was equally indicted in the committee’s report. On the contrary, the committee recognised the fact that the projects for which the president gave his approval are laudable,” he said.

PTDF Act to be amended — USMAN

However, the act establishing the Petroleum Technology Development Fund (PTDF) is to be amended by the Federal Government.

Finance Minister, Mrs. Nenadi Usman, said yesterday in Abuja that the Federal Executive Council had commenced work on the proposed amendment.
The new law is to limit the quantum of funds going into PTDF from proceeds of signature bonuses in the allocation of oil blocks.

Until the scandal blew open, all resources from signature bonuses were paid into the fund which was created in 1973 to train Nigerians in all fields of technical know-how required in the nation’s oil and gas industry.

As a result of the scandal involving several millions of dollars, President Obasanjo, according to the minister, has already placed a $100 million limit on signature bonuses to be given to the fund, annually.

“As a result of recent enquiries received by the Federal Ministry of Finance on the funding and financial activities of the PTDF, it has become necessary for me to make the following clarifications.

“The Petroleum Technology Development Fund was established in 1973 by the Petroleum Technology Development Fund Act, as a successor to the Gulf Oil Company Training Fund (Administration) Act, 1964. Its main purpose is, by Section 2 thereof, to facilitate the training of Nigerians in all fields of technical know-how required in the oil and gas industry. The PTDF, therefore, focuses mainly on the building of indigenous capacity for Nigeria’s oil economy.

“The resources of the Fund are derived from signature bonuses in the allocation of oil blocks. Up till 1999, the resources from this source were very little and in trickles. With the introduction of competitive bidding by the Obasanjo Administration, which enthroned transparency and due process in the allocation of oil blocks, it became a huge revenue earner.

“But the Act establishing the Fund was not amended, thereby compelling the payment of all the proceeds from signature bonuses into the Fund. It is, therefore, needful to amend this Act as being worked on by the executive.

“The first indication of what was going on came by way of a memorandum presented to the Federal Executive Council for the award of a $120 million contract. It was then the President became aware of the huge resources being accumulated by the Fund. Shortly thereafter, rumours of wrong-doing started making the rounds about the Fund. Mr. President then ordered an investigation.

“Subsequently at the end of 2005, the President ordered the closure of all PTDF Accounts in the CBN and directed that the resources flowing into the Fund be limited to only 25 per cent of signature bonuses, with a cap at US$100 million per annum while everything earned in excess of that goes into the treasury.

“Since then, annual flow of resources into the PTDF has been kept within the US$100 million level and expenditures therefrom had been directed at the raison detre for its establishment and in line with due process.”

Nobody will hijack my govt— YAR' ADUA
By Tony Edike
Posted to the Web: Thursday, March 01, 2007



Enugu—PRESIDENTIAL candidate of the Peoples Democratic Party (PDP), Governor Umaru Musa Yar’ Adua declared yesterday that he would not allow his administration to be hijacked by any person or group of persons in the country saying he would only be committed to the implementation of his party’s manifesto in order to satisfy the yearnings of the people.

Speaking with journalists in Enugu after a campaign tour of the state, Yar’ Adua also dismissed reports that he was afflicted with ill health, saying that he had fallen seriously ill as to go to the hospital on three occasions in his life with one of them being as far back as 1958. He insisted that he was satisfied with his present state of health to lead the nation as present.

The Katsina State governor, who was answering questions over his reported closeness to President Olusegun Obasanjo and the likelihood that he may be under the control of the latter, said that he will remain as independent as the country’s constitution allowed him.

He declared however that as much as he would be guided by the party manifesto and will be reporting to the party periodically, he would not allow the party or any other person or group take over the running of his government but that he, along with his team, would instead be the ones to decide how best to implement the party’s programmes as outlined in the manifesto.

His words: “I will be as independent as I am allowed under the 1999 constitution. As a party member, I will abide by the manifesto of the party but I and my team will decide how best to implement it. Though I will be reporting to my party periodically, it will not run my government but would rather be in a position to pass judgment on us”.
On the reforms of the present administration, Yar’ Adua said he would continue with the programmes but would adopt approaches that are radically different from that of President Obasanjo to solve the nation’s problems, adding that his major interest will not only be to improve on what the latter had done but to ensure that the aspirations of Nigerians were fulfilled.

One of such radical approaches according to him, would be evidenced in his intended land reform programme and the reduction of the size of the Federal Government that would ensure that power was decentralized to allow the states and local governments more room to take up responsibility for the rapid development of their areas.

Atiku flags off campaign in Awka
By Anayo Okoli
Posted to the Web: Thursday, March 01, 2007



AWKA—VICE President and the Presidential flagbearer for Action Congress, Alhaji Atiku Abubakar will tomorrow (Friday) flag-off his presidential campaign in Awka, Anambra state capital where he is expected to hand over the party’s governorship ticket to former governor Chris Ngige who is believed to have arrived Nigeria for the ceremony.

The flag-off is for the South East zone. Before flagging-off the campaign, which will hold at Ekwueme Park, Atiku is scheduled to pay a courtesy visit to Governor Peter Obi, the Obi of Onitsha, Igwe Alfred Achebe, and Obi Gibson Nwosu of Awka. He is also expected to commiserate with the traders who lost their wares to the recent fire disaster in a section of the Onitsha main market.

According to the itinerary of the Vice President which was released at a press briefing by the state chairman of Action Congress, Chief Ndubisi Nwobu, Atiku will be received at the Amansea, the border town of Anambra and Enugu state, from where he will proceed to see Governor Peter Obi at government house, Akwa.
On whom Atiku will give the governorship flag from Anambra state, Nwobu made it clear that former governor Chris Ngige remains the party’s flagbearer for the state, saying that he will be physically available tomorrow (Friday) to receive the flag.

“Our governorship candidate remains Dr. Chris Ngige and he will be there to collect his flag. Take it from me that on Friday you will see Dr Chris Ngige live at the rally to collect his flag”, Nwobu said. Ngige left the shores of Nigeria on the eve of the judgment of Enugu Division of Court of Appeal on March 14, 2006. That judgment nullified his election as the governor of Anambra State. He has since remained abroad but he was selected in absentia as the governorship candidate of Action Congress. There has been doubt over his candidacy of the party, but his receiving the flag tomorrow (Friday) from Atiku will confirm his candidacy. Already, the number of vehicles for his campaign has increased of late.

PTDF report divides Senate
By Emmanuel Aziken, Tordue Salem, Ben Agande & Dayo Johnson
Posted to the Web: Thursday, March 01, 2007




*May move against Obasanjo, Atiku

ABUJA— THE Senate, yesterday, commenced deliberations on the report of its ad-hoc committee on the Petroleum Technology DevelVictor Ndoma-Egba (SAN), chairman of the Senate ad-hoc committee on the PTDF, had presented the report where he listed the findings and recommendations of the Committee which found the Vice-President culpable of abuse of office in the management of the affairs of the PTDF.

Following his submission, Senator Titus Olupitan upon order 102 (1)(g) of the Senate rules had prevailed on the Senate to consider his own dissenting report. Ruling in his favour, Chief Nnamani then asked Senator Ndoma-Egba to read out Olupitan’s dissenting report in which he expressed reservations about the deliberations of the ad-hoc committee and concluded that the work of the committee should have been put on hold following the rulings by the Lagos High Court annulling the report of the Economic and Financial Crimes Commission (EFCC) on the issue.
After reading through the dissenting report, Senator Ndoma-Egba concluded by saying that he disagreed with what it contained.

What they said

Jonathan Zwingina: “The Committee appeared to have been infected with this existing syndrome of trying to find Atiku guilty on account of the guilt of his friend, I don’t think that that is a fair assessment. I know Otunba Fasawe very well. In 1999, Otunba Fasawe and J.S.P. Nwokolo and others were all the people that were running round and arranging things for the handing over in the villa and Otunba Fasawe was one of the closest persons to the President and he used to be the last person to see him in the evening and the first person to see him in the morning and I know that as a fact.

He was a friend and I believe he is still a friend maybe a little distant, but he is still a friend. So, if it is by association of friendship and because he is a friend of the Vice-President and therefore whatever he is doing infects him and by association he is found guilty, that can also apply to the President because he is also a friend of the President because I am not aware that he has disowned the friendship but I know of a fact that they were extremely close, they were closer than he was with the Vice-President.

“So I think that the Committee and the Senate should not stretch personal association to affect business contacts unless there is a strong link. If you take your friend in good faith and that friend goes to do all sorts of bad things including robbery, does that make you a robber? No it doesn’t.

“Otunba really went to the bank and got a loan, signed forms, the bank management must have met and granted him a loan, secured collaterals and if they were not enough, whose fault was it? The bank’s.

‘It is the duty of the bank to go and recover its loans or go to the court and tender the collateral or the security so provided. Those are the laws operating. It is not for the Senate to act. It is not our job especially when the bank has owned up and said we are going to pay and we have started paying.

“These are things I believe that we should look at very closely. I will like to say that when we come to the recommendations, I have specific amendments to some of the recommendations.

“What the PTDF has shown us is for us to visit section 80 of the Constitution which says that all revenues or other monies raised or received by the federation not being revenues from monies payable under the Constitution shall be paid into the consolidated revenue fund of the federation.

“One of the first things we should have done when we first came here in 1999 was to have visited such laws that provide for slush funding, provide for all sorts of recklessness under the military and amend them. The PTDF is one of them, there are other laws like that. The NNPC. The NNPC does not render its revenue to the Assembly. The Nigerian Ports Authority.

I am a member of the Marine Transport Committee. We just for formality pass the budget. They don’t obey, we have no control over them. The Nigeria Maritime Authority, huge sums of money, we are dealing with billions of dollars. These are the ones we just know. There are other accounts in several other areas particularly in the oil sector where PTDF is where the laws made by the soldiers allow funds to come direct and applied not as appropriated. The PTDF has opened our eyes to the need to revisit this.”

Nnamani: “We are not carrying out as debt collectors, but we are carrying out our oversight functions. Mohammed Abba Aji: Senator Abba Aji in his position insisted that Senator Olupitan “should call the names of the Senators that he claims collected bribes from the President or apologise to the ad hoc committee. According to him, “the PTDF report was a thorough job, and I don’t expect any criticism from our colleagues.” But the Senate President overruled him, saying: “The dissenting opinion is part of the report and not a seperate or minority report.”

Kanti Bello: “When I looked at the report and I was very disturbed when my colleague, Senator Zwingina, said there was no public money lost. But when you look at the report it is true and it is an established fact in the report that money was lost.
“Page 44 of the report clearly states that that money was lost. Why was money lost? It was lost because somebody who has the responsibility to act within the act setting up PTDF refused to do so and unfortunately that person is no other person than the Vice-President of this country.

“Because it is his fault that this money was given to fix in fixed deposit, money that was clearly set out even in memos for projects.
“The purpose of the memo was clearly stated and that was why that memo was approved and not to be put in fixed deposit in certain banks. That was a mistake and this is a fact which we cannot run away from.

“It is my view that the Vice President was wrong in sending that money and in approving that money not for the purpose that the PTDF was set up. Again we have to look at the payment made to the lawyers, the N250 million that was paid, to me, I feel very bad about it. I believe that the Vice-President of this country is guilty by spending this money wrongly and should be sanctioned.”

Daisy Danjuma: “I am shocked, disturbed at the extent of gross abuse of office, privileges and misapplication of public funds by both the President and Vice President and those in authority to disburse PTDF funds. Page 45 of the report, item 4, says PTDF was paying for services that were outside its mandate and this was a regular feature in the report.

“It will be noted that section 58 of the Constitution gives us the power to investigate and section 88 says that we have the power to expose corruption, inefficiency or waste.

“A lot of findings indicted the Vice President but the report also said on page 49 that the fortunes of the funds did not appear to have improved when the supervision of the fund was moved away from the Vice President. Page 52, item 1 says that the President and the Federal Executive Council acted in disregard to the law establishing the PTDF.

“We should review the law setting up the PTDF to make sure that funds are adequately appropriated. This is supposed to be a corrective government that is transparent and with emphasis on due process. I wonder how all these gross misappropriation of funds happened.

We don’t have to close our eyes to many issues like we know that the PTDF has a lot to do with training and special services (for oil sector) and I cannot see the funds in spite of all the sufferings in the Niger Delta where all the petroleum comes from, any amount going to the Niger Delta for anything. I feel disturbed. I will urge the Senate to look fairly into this matter, sanction those who are to be sanctioned without fear or favour.

I do not see any need for any other investigation or enquiry because this is enough, it speaks for itself that funds were misapplied against the Constitution and against the citizens of Nigeria.”

However, the Federal Executive Council, yesterday, said the indictment of the Vice President by the Ad Hoc committee of the Senate which investigated allegations of abuse of office by Vice President Atiku on the management of the Petroleum Training Development Fund had vindicated the position of the administrative panel and the Economic and Financial Crimes Commission (EFCC)on the Vice President.

Addressing State House correspondents after the council’s weekly meeting, Minister of the Federal Capital Territory, Mallam Nasir el-Rufai, said though the Federal Executive Council did not agree totally with all the recommendations of the Senate committee report, it was gratified that recommendations of the Administrative Panel and the EFCC were upheld by the Senate committee.

He said what appeared to be the Senate committee’s indictment of the president and the FEC was a difference in the interpretation of the law setting up the PTDF, noting that while the Senate committee gave a narrow interpretation of the law setting up the PTDF, “we interpreted it broadly and widely and liberally” which explains why money was approved for the construction of American Institute of Science and Technology and the purchase of computers for civil servants from the fund.

Mallam el-Rufai said although the committee raised an eyebrow over these projects executed by the government from the PTDF funds, it acknowledged that the projects were laudable ones and nobody benefitted from the contracts awarded, adding that the over all interest of the country informed the decision to award the contracts.
He said the report of the committee has further given credibility to the EFCC and has conclusively proven that neither the president nor any of his men benefitted from the PTDF fund.

He said: “The council today (yesterday) looked on the report of the Senate committee that investigated the Petroleum Technology Development Fund. The reason why this is important to the Federal Executive Council is because you are aware that it was the Federal Executive Council that not only approved contracts awarded under the PTDF intervention, but also members of the |Council constituted the administrative panel of inquiry that looked at the EFCC report which led to the indictment of the vice president and a few others.

“Sequel to that, the Senate decided to also undertake investigations into the PTDF because there are allegations that it is not only the vice president that was misusing or mismanaging the PTDF funds but allegations were made that other members of the executive branch, the president’s people were also involved.

“The senate committee issued is report yesterday Tuesday) and the FEC was briefed on the contents of the reports. We thought it would be important to out on the record our own perspective on the report.

“Let me say that as a member of the administrative panel of enquiry, I am gratified that senate agreed and upheld all our recommendations. The fact that it has been established now by the senate that indeed the vice president abused his office and aided and abetted the diversion of funds meant for important projects of the PTDF for private use. This is consistent with the findings of the EFCC as well as the administrative panel of inquiry.

“The senate committee was critical of our interpretation of the PTDF law. They picked out three projects for which they felt we had interpreted the PTDF mandate very widely. They are of the view that using PTDF for the establishment of the African Institute for Science and Technology was interpreting the law very widely and should not have been done.

“They also felt that PTDF funding for the incorporation of Galaxy Backbone as well as purchase of computers for civil servants was stretching the mandate of the fund very widely.

“I want to draw your attention to the fact that the PTDF decree was signed in 1973 to build capacity so that they would be active participants in the petroleum industry. The interpretation given to it by the FEC and the president is that whatever we need to do to improve capacity of Nigerians participating in the petroleum industry is with in the mandate of the fund.

“In the case of the AIST, it is a university of technology to be established in Abuja to train engineers, scientists in various areas including oil and gas. There is a faculty of oil and gas in the institute called the Gulf of Guinea institute to train expertise in the oil and gas in the whole of the Gulf of Guinea region and not only Nigeria. These projects which the senate committee feel were outside the mandate of the fund, we feel they are indeed within the mandate of the fund.

“Our difference lies in the way we interpreted the decree. We interpreted it broadly and widely and liberally while the senate committee interpreted it very restrictively. But what is relevant here is that the senate committee agreed that the projects are laudable. Secondly none of these projects were awarded so that someone will get any benefit. They were all awarded in the national interest. Through out the report, the committee did not find any other person with in the executive branch, in the president’s office or outside to have benefited from the PTDF fund contrary to the allegations that are widely made some months ago.

“The senate has done a good job but we do not agree with everything. We have differences in the
interpretation of the mandate of the Fund. But we think the findings of the senate committee confirms
that president Obasanjo and all the key officers did not in any way benefit from the PTDF.

“The senate committee on the other hand found the vice president Abubakar, Otunba Fasawe did indeed benefit from the PTDF. The federal government acknowledges this report which vindicates its decision and also further confirms the work of the EFCC as being credible, fair and just” he concluded.

Also yesterday, Otunba Oyewole Fasawe, a close associate of the Vice President Alhaji Atiku Abubaka who was indicted by the Senate report on PTDF and asked to refund N1.5 billion yesterday faulted the report.
Speaking with newsmen in Akure through his aide Chief Korede Aruwajoye asked the Senate to “throw out the report”.

He dismissed the Senate Committee report as jaundiced and a batchet job.”
He expressed worries that “this is the first time that borrowing money from the bank would be a criminal offence in Nigeria.”
He said Fasawe legally borrowed money from TIB with collateral and the money reportedly collected from him was paid into the account of the bank and not that of the PTDF.

According to him “Is TIB an extension of PTDF? The EFCC coerced and collected N100million from Fasawe and paid to TIB. Why not PTDF?
“Moreover, EFCC said part of money paid to I-Gate in United States of America is outstanding. If it is PTDF money, why has the EFCC not gone to US to collect it from I-Gate?

No Atiku, no election, AC warns

Posted to the Web: Thursday, March 01, 2007



ABUJA—The Action Congress (AC) has warned that any attempt by INEC, acting under orders from the presidency to illegally bar its presidential candidate, Vice President Atiku Abubakar, from contesting April’s elections may put the polls in jeopardy.

''We are compelled, in view of the dangerous, illegal and unconstitutional ban being planned by INEC, to warn that there would be no elections in April without Atiku Abubakar,” the party said in a statement issued in Abuja yesterday by its National Publicity Secretary, Alhaji Lai Mohammed.

''This is not just the resolution of our party, the Action Congress, but that of millions of Nigerians, who desire a free, fair and credible elections and the creation of a level playing field for all candidates,” it added.

AC lambasted INEC Chairman Maurice Iwu, whom it termed a puppet and a man without courage, of seeking to plunge Nigerian into a deep crisis by dancing to the tunes of the anarchists, who would do everything to truncate the forthcoming polls so they could realize their objective of self-perpetuation in office.

''If Iwu had had any sense of history or propriety, he would have been treading carefully and be well above manipulation in carrying out his duties of organizing an election that will not only be acceptable to the Nigerian people but also to the entire world,” it said.

“However, in case Iwu chooses to behave like the proverbial dog that was bound for doom hence has ignored the hunter’s calls, we hasten to say that our presidential candidate cannot be disqualified.

“If the INEC boss is relying on the Constitution, as he was quoted to have said, then he has definitely read the constitution wrongly,” the party. added.

Dblock are you serious? Whats the prove you can pay such amount? I smell a rat here,seems Atiku gave you some PTDF fund now the EFCC,FEC,and the Senate are after him he too is after all of you that misadvice him,so that Why you want him dead,No way for me Echidime ATIKU MUST live he has the right to be alive ok. You havez a skeleton in your capboard .

You can pay 10,000.000 Euro or Dollars if Atiku is dead! I think EFCC should catch you and prosecute you too.

Or what do my friends in the house think?

Crude Oil, of course OBJ MUST be probe and prossecuted when he steps down in three months time,EFCC are only giving him a presidential respect. As for Buhari why didn't he give us those things you mention when he was the head of state?

You call yourself CRUDE OIL is evident that you and A-thief were sharing that money,listen for your information Atiku's Bomb basket is finish is now empty, so stop dreaming of your master atiku throwing another bomb tomorrow cos there aren't any more bomb to through

Buhari has made a great mistake by voicing out that way. OBJ can never permit him smell ASO ROCK VILLA,yes Buhari is a disciplinarian but then thats not the ONLY thing we are looking for. LAGOS to the EAST there is no ROAD, Niger Delta no development, we need a government that will FORCE any state Government to account for the allocations each state receive, in that way development can come, not that they will do money laundry with our oil money to their fat bank accounts in europe and ASIA.

How can you ever compare ETO'O with Drogba are you blind?

I heard Atiku was campaigning in Abeokuta Yesterday when he got the news of his indicted by the ALMIGHTY SENETE and immediately the guy run back to his house what a funny story. IKEBE SUPER MAGAZINE should use him for their cartoon stories, while our Mighty NOLLYWOOD use his to make more money for themselves. I trust Pete Edochie, Kanaya O kanaya,Justice Esiri,Clem Ohameze,Alex Ufo for that, they should give the Nigerian population a amazing intruing saga film on on A-THIEF Abubakar and associate.

Infact ETB AND TIBn these two BAnks should be frozen up immediately and their depoiste with the Central Bank of Nigeria confiscated to in that way other BANKS will learn their lessons never to steal our OIL money again. While A-thief MUST pay back all the $145 million he abused while in Office. WHAT nonsence!!!!!

How can they come out a typr crap, they are all in the run now,in fact EFCC is like CAT the hear the smell of the RAT and kill it for his food. They all know that.CAn you imagine. $145 Million, NNAAAA mennnnn this people don kill Ogbodo Nigeria

IS in a situation like this I love ABACHA and Al Mustapha, they will suck Atiku's and Orji uzo Kalu's Blood dry till they becomes like stockfish, Nigerian don't you think that AL MUSTAPHA should be release and made a member of the EFCC to assit Ribadu, both men will go to the extent of Prosecuting IBB and OBJ what do you think? IBB has own GULF WAR OIL MONEY EFCC SHOULD CATCH HIM.

One thing is funny here OBJ thinks he is free from EFCC wait till he step down,EFCC are only giving him presidential RESPECT. HE DON'T KNOW

MamaJama, his personal life has something to do with it ooooo cos he is still denying never ever spend a kobo on anybody and anywhere. Anywhere he is already a dead man I will visit Nigeria during April Poll to cast my one vote which is my birht right a Nigerian.

How I wish Nigeria can conduct elections like America where every citizen living abroad will go to the Embassy and cast his or her vote then it will be send back home, People like us have to come home to exercise our right.

Atiku and Orji Kalu My own Governor,are the next occupants of Nigerian Prison houses in the next three month

Atiku's most prominent girl friend, is know by all and sundry in this country,maybe only few don't know,Genevieve Nnaji was his mistress to the point that he buy her a house and a jeep,his wife got to know about it and lo all hell let lose,but for his presidential campaign everything was resolved amicably,and genevieve stop seeing him, at least she has gotten her part of the national Cake?

the joy soap contract Genevieve did was from Atiku. So what am saying is that they all have bought more than cars to their numerous girl friends. Am man who can not even resist the beauty of a girl Genevieve young enough to be her daughter, he want to rule us, I Ask is he Crazyyyyyyyyyyyyyyyyyyyyyyy

Shut up you guys,what the hell are you talking about? Does GOD tell the pastor not to have time for his God giving family? If he can't look after his home how can he look after the congregation of his church. Saty here blaming satan where have you seen satan,pastor is carried away by the good things of life that preaching afford to him and neglect his children,the wisfe is busy fucking young men as her husband hadly give her attention due to been too busy with missionary work,so how can't children also enjoy?

They day satan will decend on you guys for blaming him unnecessarily you will know.

Vice President Atiku Abubakar yesterday reacted to the Senate Committee Report on PTDF that indicted him describing it as a partisan political hatchet job that will not stand the test of public scrutiny.
He called on the Senate to reject the report in the spirit of justice, fairness and equity.
But the Senior Special Assistant to the President on Media and Publicity, Mrs. Remi Oyo, last night thanked the committee for acknowledging that the project for which approvals were made were indeed laudable and for the benefit of the nation.
In a statement in Abuja by the Atiku Campaign Organi-sation, the Vice President said the conclusions of the Committee are inconsistent with the abundant evidence put at its disposal by himself and several witnesses who appeared before it and wondered "if the predominantly pro-third term members of the committee had yielded to pressures from a vindictive, do-or-die President."
The three critical issues, according to Atiku, are (i) Was the approval of the Federal Executive Council (FEC) needed for the placement of PTDF funds? (ii) Was any money lost in the investment of PTDF money in ETB and TIB? (iii) Was there any material link established between the Vice President and the PTDF funds?
“The evidence before the committee confirmed our position. As at December 2006, over N19 billion of PTDF money was invested in banks and there was no single evidence that FEC approval was secured for it.
"This is a confirmation that the investment in TIB and ETB did not require a FEC approval, the transactions passed through the Auditor-General’s office as required by law. The conclusion of the Committee therefore is inconsistent with the facts at its disposal.
“On the issue of whether PTDF money was diverted to the friends of the Vice President, the evidence of ETB, Springbank (which acquired TIB) and the Legal Consultant to the PTDF committee confirm our position that no PTDF was diverted to public use.
"The former Managing Director of TIB, Mr Amos Segun Adepoju in his submission said, 'in banking, loans are not generally matched to deposits. As such no loans were specifically granted from PTDF deposits. Deposits are placed in a pool called treasury from where credits are extended to customers'. He was also quoted as saying, 'In the course of processing and packaging these facilities, TIB (now SpringBank) accepts responsibilities for any lapses in the operational procedure. He however, was quick to add that there is no nexus between PTDF and the accounts to which facilities were advanced."
The Committee, according to Atiku, ignored the professional submissions of these people but opted for the evidence of one Mr Dumebi Kachikwu who admitted that he “was invited hereby by the EFCC as a witness to EFCC presentation”, that the loans have a relationship with the PTDF deposit without a single documentary evidence.
The Vice President said he was surprised that the committee left the avalanche of evidence he provided to exonerate himself and to clearly prove that it was President Obasanjo who had been looting the PTDF funds.
On the final issue of whether the investment in question was lost, the Vice President re-states his position that no money was lost in the transaction in spite of the false claims by EFCC and the Senate Committee.
“The managing director of Spring Bank, the bank that took over the TIB gave evidence that the fund is safe and that they have agreed to repay it. It is therefore surprising that the Committee will conclude, contrary to the evidence before it, that the money is lost.”
The conclusions of the Committee regarding President Olusegun Obasanjo, according to Atiku, "is the greatest evidence that the Committee is biased in its report."
He argued that in spite of the avalanche of evidence against his handling of the affairs of the PTDF, the committee merely recommended that the President should be advised to follow due process.
"It is intriguing that in spite of at least 10 cases of abuse of office by the President, the Committee feels it was merely a due process matter.
"It is equally strange that while PTDF officials confirm the position of the Vice President, that N20 billion PTDF money approved by the President in the heat of the obnoxious Third-Term Scheme, could not be traced, the Committee did not deem it as appropriate to sanction the President or investigate the allegations that the money was used for the Third –Term agenda.
"It is equally curious that the committee did not see anything wrong in the President approving the payment of a whopping N250 million to his personal lawyer and friend for the mere act of registering a company, which actual cost was not more than N23million.
"What further evidence did the committee need to realize that it was the President, his friends and cronies who had looted the PTDF?
“I call on the Senate to look closely at the Committee Report, identify its illogicalities, bias, and inconsistencies, and reject it in the interest of fairness, equity, and justice.
“We have been confident that in spite of the closeness of most members of the Committee to President Obasanjo and the fact that 10 of the 13 members are in the PDP which has developed Atiku-phobia, we have always thought the assignment will be handled with the greatest sense of responsibility and patriotism. Perhaps, we had carried our optimism of the members’ sense of fairness too far,” the statement concluded.
But speaking for Obasanjo, Senior Special Assistant to the President on Media and Publicity, Mrs. Remi Oyo, said: "The Presidency expresses gratitude to the committee for exercising its oversight function and the acknowledgement that the project for which the approvals were made, were indeed laudable and for the benefit of the nation.
"The said approvals for the African Science and Technology Institute, Abuja were actually for the use of the Gulf of Guinea Institute for Petroleum and Gas and that institute is for the sector; it is not only for the Gulf of Guinea, but also for our country.
"On the Petroleum Training Institute (PTI) as the name suggests, the institute falls within the ambit of development that the PTDF is expected to cater for; and we acknowledge that that action gave a wider interpretation to the law," Oyo concluded.