₦airaland Forum

FORMER President, Olusegun Obasanjo has been chided for exonerating the All Progressives Congress (APC) presidential candidate, Major-General Muhammadu Buhari (rtd), of complicity in the massive mismanagement of funds perpetrated while he served as chairman, Petroleum Trust Fund (PTF).

Obasanjo's motives was described as a desperate bid to change the course of history in favour of his preferred candidate in the forthcoming presidential election.

Addressing a press conference recently, Mr. Ayo Fadaka and Apostle Jaiyeola Joseph of the Integrity and Justice Initiative (IJI) and the Nation Builders Christian Network (NBCN) respectively, said Obasanjo owes Nigerians an apology for his position on the matter.

Obasanjo, while hosting the presidential campaign team of the APC in his Abeokuta residence on Tuesday was quoted to have said the report of the audit panel on the PTF showed "discrepancies" in figures purportedly used for the procurement of goods and services during the period Buhari was the chairman of the body.

The group said that the position Obasanjo took typifies one that: "defies logic and undermines public good, passed a not guilty verdict on Buhari in a way that makes mockery of the PTF's probe report."

Fadaka added, "Obasanjo's seeming vindication of Buhari has thrown up a number of salient issues that bother on embezzlement and mismanagement of public funds.

"This, coming at a period like this when corruption has become a major campaign issue between the two major political parties in the country, is tantamount to an attempt to throw wool over the face of Nigerian people.

"For the purpose of record and in order to save future generations of Nigerians from a deliberately orchestrated re-writing of history being attempted by some of our leaders, we have decided to put the issues concerning the incorruptibility or otherwise of Gen. Muhammadu Buhari in their proper perspective.

"The PTF as you may be aware was the agency created by the late dictator Gen Sanni Abacha in March 1995 when he unilaterally increased pump price of petroleum products from N3. 25k to N11 per liter in October 1994; it had a startup sum of N61 billion, which increased progressively to over N182 billion over a period of four years and Buhari was appointed by the late General Abacha to manage this fund as an intervention fund for critical infrastructure in all geo-political zones of the country.

"However, by May 1999 when Nigeria was restored to democratic rule, the management of the PTF had been dogged by multiple controversies most of which bothered on total lack of accountability in the award of contracts, lopsidedness in the location of projects as well as absence of control mechanism to ensure quality assurance on programmes and projects executed by the PTF.

"This was mainly why the then government of Chief Olusegun Obasanjo inaugurated the seven-man committee headed by Dr. Haroun Adamu to look into the programmes and expenditure of the PTF under Buhari."

Suspected militants from Nigerian Islamist group
Boko Haram have kidnapped at least 60 people in
neighbouring Cameroon, officials say.

They said many of those kidnapped in the cross
border attack against villages were children.

Several people were killed, security officials said.

Boko Haram has seized control of many towns and
villages in north-east Nigeria, and has begun
threatening some of the country's neighbours.

The group has been fighting a six-year insurgency
to create an Islamic state.

In Sunday's attack, suspected militants "burst into
two villages in the Tourou area," a police officer
told the AFP news agency.

Thousands of people have fled from Nigeria to
Cameroon because of Boko Haram attacks

"They torched houses and left with around 60
people. Most of these people were women and
children."

Officials told Reuters news agency that as many as
80 people had been kidnapped. Those
Suspected militants from Nigerian Islamist group
Boko Haram have kidnapped at least 60 people in
neighbouring Cameroon, officials say.

They said many of those kidnapped in the cross
border attack against villages were children.

Several people were killed, security officials said.

Boko Haram has seized control of many towns and
villages in north-east Nigeria, and has begun
threatening some of the country's neighbours.

The group has been fighting a six-year insurgency
to create an Islamic state.

In Sunday's attack, suspected militants "burst into
two villages in the Tourou area," a police officer
told the AFP news agency.

Thousands of people have fled from Nigeria to
Cameroon because of Boko Haram attacks

"They torched houses and left with around 60
people. Most of these people were women and
children."

Officials told Reuters news agency that as many as
80 people had been kidnapped. Those abducted
included about 30 adults and 50 young children,
an army officer deployed to northern Cameroon
told the agency.

bayulll01:
u are the most uselessss person av ever seen here,see Gmb will win next election if they want war we will give them war,infact let the war start,u easterners will suffer most,is just simple,block ur people from moving out of the west or entering west,block your people from moving out of North or entering North,you know the result,u will cry genocide again,you people never learn,as for south south their barking is limited to their region,if they try shiiit in the wast or North even Asari and Tompolo jet will not save them,Yorubas has intellect to win anyway,no be by chest beating,and if Nigeria will divide let it Deivide since inception we are never meant to be one

Adegbodolu1:
[size=21pt]MAP!! After all these years. Igbo kwenu or Igbo suckers? The Ijaws playing Igbo since 19-gbogboro[/size]

lestat:
You really are uninformed then, Igbo's want Buhari, you can type whatever nonsense you like here, but we both know you are only fooling yourself. All Igbos are tired of GEJ and will not support him again

francizy:
A clueless president vs an old illiterate presidential candidate!

What a mess Nigeria is in..
PDP and APC, Give me a better candidate and get my vote.
Else, as it stands now, I'll enjoy sleeping from morning till night on election day..

jerseyboy:
Spirit of Lucifer.

Adextaiwo48:
When he prayed and backed GEJ, he wasn't under the wrong spirit.. But now that he took a different stand.. He is being used by wrong spirit... Ahan ahan.. Beht why?

theV0ice:
Buhari is taking a walk through ariaria market in Aba after taking a traditional title some minutes ago and you're here jumping up at a lie

johnmartus:
90% of this crowds are ibo and ijaw we yoruba reject jonathan from the bottom of our heart

christian11:
E no hard, just click on accounts, the click on log in with existing account or open a new account, then type your company/broker's name in d search box that appears, then login it & u are good to go.

christian11:
It's compatible, that's what I'm using. Go to Google play store and download meta trader 4 or 5 platform. I think, meta trader 5 consumes more data than 4, but it's kinda more advanced.

Asiwaju9ja:
Certificate or No Certificate o! GEJ Must Go!

donphilopus:
I initially said it that it's been happening in the South and you're telling me it can't happen in the South?! It's happening in Edo State. Yes, I said it!

chernest2002:
Jonathan is sleeping too much and this northerners are working hard to rig him out of office,we in the south east are being ask to pay 500 or1000 naira to collect our pvc and gej don't care, i can only do my best to re elect him but he sleeps too much and that annoys me.

prof1990:
Must everything be tribalistic? The pvc problem is general. Stop acting as victims

donphilopus:
What's the OP insinuating?! Stop attacking Northerners unnecessarily. Most Politicians collected the PVC's on behalf of some people who are not at home. The Southern Politicians in collaboration with the district heads are also guilty of that.

You shouldn't expect people to just watch INEC return 150 out of the total 250 PVC's of a Polling Unit. Most of the Electorates were based at home in 2011, but later travelled out!

taiwoakin:
Nial fullers trading system is one i am very familiar with, however your application of the system seems very vague to me
eg, how do you define a long trending candle, etc.
price action can only be learned in a thread dedicated solely for that purpose.
Finally, every trader should try to have a mobile mt4 platform on their phone to monitor trades in order to maximise profit.

nickxtra:
Please, I need some one with an informed counsel or suggestion to help me out: I live in Abuja, in a one Bedroom Flat, while another tenant occupies the other twin Flat - a one Bedroom Flat. Although we enjoy relatively good power supply - may be 15 hours or more in a day, when our transformer is working optimally, but the bills that come at the end of the month, to my mind is uncalled for. Because we are yet to get a meter, which delay is caused by the power company, the Abuja Electricity Distribution Co, brings an estimated bills of between 10,000 to 11,000 Naira every month, which sees me paying about 5,000 Naira electricity bill per month. This I think is outrageous, considering the fact that what we use is a single phase connection and we are not in a commercial or densely populated area( I live in Dutse, Abuja). We have applied for a prepared meter, but for close to one year now, AEDC, has not deemed it expedient to install any for us, inspite of repeated demands we have made to them. It seems they enjoy bringing these estimated bills to us, just for their own selfish reason. I believe, if the two flats had prepaid meter, we cannot exhaust power units of even 5,000 Naira per month. Please, what do I do, because am tired paying these bloated bills? Thank you.