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Classified By: Ambassador John Campbell for reasons 1.4. (b & d). 1. (C) SUMMARY. The Senate report on the Petroleum Technology Development Fund (PTDF) provides a detailed account of the non-transparent nature of the PTDF and, in particular, specific actions taken by both President Obasanjo and Vice President Atiku which fall outside the mandate of the fund and appear to be clear cases of misappropriation of funds. The report shines a light on the institutional failures that allow for large-scale graft and mismanagement in this multimillion dollar account. As well, it points to specific cases of malfeasance and mismanagement of millions of dollars in public funds. While the report presents evidence that both Vice President Atiku and President Obasanjo were involved in the misappropriation of PTDF funds, it concludes by recommending Atiku be sanctioned for offenses, but Obasanjo only be "advised to adhere strictly to the provisions of the law." END SUMMARY. THE PTDF: A PRIMER ------------------ 2. (SBU) The Petroleum Technology Development Fund (PTDF) was established in 1973 to train Nigerians in the fields of engineering, geology, science and management in the petroleum and gas industry within Nigeria and abroad. Until 2000, the PTDF was administered by the Department of Petroleum Resources (DPR), though in actuality it was mainly dormant. In September 2000, the GoN set up an Interim Management Committee to administer the fund. The Committee was comprised of the Vice President and representatives of the DPR, Nigeria National Petroleum Corporation (NNPC), Petroleum Training Institute and the Ministry of Petroleum Resources (headed by the Presidential Advisor on Petroleum and Energy and subsequently the Minister of State for Petroleum Resources -- President Obasanjo). The PTDF receives its funding from statutory income (signature bonuses and fees on oil block concessions, bidding fees and charges from acreage allocations received by the DPR) and investment income (interest and proceeds made on investments of the fund's capital). 3. (C) Hundreds of millions of dollars have been allocated to the PTDF since 2000, though remarkably, the NNPC, DPR, Central Bank (CBN), PTDF and the Accountant General of Nigeria could not come close to agreeing on the exact amount. According to the Director of the DPR, more than 1.7 billion USD has been paid into the PTDF since its inception in 1973, with more than 700 million USD paid between 2000 and 2006. However, the Executive Secretary of the PTDF testified that the PTDF received just over 390 million USD from 1999 to 2006, noting that the PTDF did not receive any funding in 2002, 2004 and 2005. (COMMENT: The 2005 bidding round for 30 oil blocks resulted in signature bonuses of as much as 2.5 billion USD by some calculations. The report did not probe further into the PTDF statement that no funds were received in 2005. END COMMENT. INSTITUTIONAL FAILURES: PAVING THE WAY FOR CORRUPTION --------------------------------------------- -------- 4. (C) The scope of institutional failures and the levels of malfeasance uncovered in the committee report are remarkable. A former internal auditor of the PTDF testified that the fund "lacks administrative and financial checks and controls." This appears to be the case throughout the system, as the Committee found that the Accountant General manages two of the six PTDF accounts in the CBN and that PTDF management was even unaware of the existence of these two accounts. The report confirmed that the management of the PTDF was unable to ascertain the inflows into various PTDF accounts at the CBN. As well, those heading the PTDF Finance Department were not privy to all financial decisions of the fund. "Huge" sums of money were found to be kept on the premises of the PTDF office without regard to security or accounting practices. The report also determined that lack of financial controls resulted in more than 5 million USD of PTDF funds being trapped in distressed Nigerian banks. No audit of PTDF accounts has been conducted since 2002. 5. (C) Beyond a lack of adequate financial checks and balances, representatives of PTDF management testified that "some things were done impromptu and several things were done outside the budget approved by the government." The report found that several grants and loans were sourced from the PTDF account on projects and programs which are not in line with the law establishing the fund. In addition, it was found that federal ministries were able to access money from the fund for unrelated ministry projects. The Committee did not investigate potential inflation of contracts or corruption at the individual project level. (NOTE: Hussein Jallo, Executive Secretary of the PTDF for only five months from July to November 2005, is being prosecuted by the EFCC. To date the EFCC has recovered 49 million Naira (382,000 USD) and six vehicles from Jallo. THE CASE AGAINST THE VICE PRESIDENT ----------------------------------- 6. (C) The Committee report expanded upon allegations made by Obasanjo (Ref D), finding some of the allegations to be accurate and some without base. In particular, the report found that disbursements of 125 million and 20 million USD made to the PTDF in 2003, upon Atiku's approval, for eight specific PTDF projects were largely invested through accounts at the Equitorial Trust Bank (ETB) and the Trans International Bank (TIB) rather than being used for the projects intended. 7. (C) Following (though not immediately) several of the deposits at TIB, loans were granted to NDTV, Mofas Shipping, and Transvari Services -- all companies with demonstrated links to Atiku. These loans, as confirmed by the director of Spring Bank (the bank which took over the failing TIB under a bank consolidation program) were "irregular, poorly documented and uncollateralised." The committee found no evidence of any other entity investing in the controversial NDTV/i-Gate transaction other than the TIB loans believed to have originated from PTDF funds. In addition, the committee was unable to ascertain the status of the eight PTDF projects for which the funds were originally released. The committee noted that "the placement in TIB for the purpose of financing the NDTV/i-Gate deal, a purely private transaction, as against the putative purposes for which the funds were released in the first place amounts to misappropriation of public funds and abuse of public trust." (NOTE: According to the report, 1.13 billion Naira (8.8 million USD) loaned to NDTV, 420 million Naira (3.3 million USD) to Mofas Shipping and 300 million Naira (2.3 million USD) to Transvari Services by TIB remain unrecovered, though they have been restructured.) 8. (C) Contrary to Obasanjo's allegations (Ref. D), the Committee found no evidence of any lending relationship between ETB and Globacom, nor any link between the PTDF and Marine Float Limited accounts. In addition, the committee found no evidence of any link between the PTDF and Mike Otunba Adenuga. The observation that funds were placed in investment accounts without regard to the original purpose for which the funds were released also applied, however, to the funds placed in ETB. THE CASE AGAINST THE PRESIDENT ------------------------------ 9. (C) Following the removal of authority over PTDF funds from the Office of the Vice President in late 2005, the Committee found that President Obasanjo personally approved several projects which were outside the legislated mandate of the PTDF and approved the use of PTDF funds by federal ministries for ministry projects. Though conceding that many of these projects may be laudable, the Committee noted that they fall outside the purview of the fund "no matter how liberally construed." It was noted that the Federal Executive Council retroactively approved these projects, though the Committee maintained this does not legitimize an action that had no legal basis to begin with. 10. (C) The report ran through all projects funded by the PTDF in 2006, noting that four of the nine projects funded were outside the PTDF mandate. In particular, these were: -- Establishment of an African Institute of Science and Technology in the Federal Capital Territory. (25 million USD) Funds were allocated as Nigeria's share of the cost for the establishment of a "technology village" to provide managerial training for Gulf of Guinea projects. No legislation has ever been introduced, nor sought, to establish such an institution. No such institute yet exists in a legal sense. (NOTE: Groundbreaking for the institute occurred in February on the outskirts of Abuja.) -- Incorporation of Galaxy Backbone PLC. (17.2 million USD) Funds were used to set up and incorporate a private company to work on harmonization of the telecommunications infrastructure. (As well, the PTDF paid the 1.95 million USD legal bill for the law firm which filed the incorporation.) -- Computers for All Nigerians Initiative. (10 million USD) The PTDF funded a portion of the Ministry of Science and Technology subsidized loan program for civil service employees to purchase home computers. The Committee notes that a revolving loan for subsidized computers cannot be viewed as an investment and is therefore outside the investment authority of the PTDF. -- Progress report on the Obasanjo Administration and photographs for the State House Library. (35,000 USD) The Committee noted that this project does not fall within the PTDF mandate "by any stretch of interpretation." In addition, the Committee recommends these funds be returned to the PTDF. 11. In response to Atiku's allegations that 20 billion Naira (156 million USD) approved for release by Obasanjo in May 2006 was used to fund the third term agenda, the Committee noted only that on September 13, the Accountant General's Office authorized 10 billion Naira (78 million USD) be released to the PTDF to fund the six projects in the May request. PTDF management confirmed that, to date, only 10 billion Naira of the requested 20 billion has been released to the Fund. (NOTE: The report did not ask the question of where the remaining 10 billion Naira is currently, if/when it will be released to the PTDF, nor the status of the six projects. RECOMMENDATIONS SHOW JUSTICE NOT BLIND -------------------------------------- 12. (C) The Committee recommends funds be recovered from NDTV, Mofas Shipping Company and Transvari and any offenses prosecuted. In addition, it recommends prosecution of PTDF Executive Secretary from September 2000 to July 2005 Hamisu Abubakar and continued prosecution of former Executive Secretary Hussein Jallo. When it comes to recommendations SIPDIS for the Vice President and President, however, the Committee is much less willing to call for outright prosecution and, in the case of Obasanjo, recommends no putative action. The Committee notes that Vice President Atiku "abused his office by aiding and abetting the diversion of public funds" and recommends that he be "sanctioned for any offenses." With regard to President Obasanjo, however, the Committee notes only that he "acted in disregard of the law establishing the PTDF" and recommends that "the President be advised to adhere strictly to the provisions of the law of the PTDF." 13. (C) The Committee recommends amending the PTDF Act to provide for a Board of Trustees, statutory audits and a reorganization of management to insulate it from politics. It calls for no further funding of 2006 projects deemed to be outside the PTDF mandate. The report also recommends a Senate evaluation of all PTDF projects since 2003 and tasks the Senate to find all accounts existing in the name of the PTDF both within and outside Nigeria. BLATANT CORRUPTION REVEALED --------------------------- 14. (C) COMMENT. The Senate report provides what is likely the most credible direct proof of blatant corruption within the villa we have seen. Given the number of witnesses, their credibility and the overwhelming similarities in the testimonies given, the Committee could not easily overlook the illegal actions of both Atiku and Obasanjo. That said, the recommendations of the Committee are clearly softer on Obasanjo than Atiku. While no claim of corruption in the Nigerian context can be accepted as completely accurate, post believes the observations and findings contained in the Senate report may be the closest we can come to finding out what actually happened to the PTDF funds. END COMMENT. CAMPBELL |
SUMMARY: Following the March 24 nullification of Boni Haruna's 2003 Adamawa gubernatorial victory by the Adamawa State Election Tribunal, Vice President Atiku Abubakar angrily voiced his opposition to the ruling at a People's Democratic Party (PDP) rally in Yola. Unfortunately for Atiku, his invective was received poorly and has caused prominent Nigerians to question his commitment to the rule of law and his suitability as a Presidential candidate in 2007. END SUMMARY 2. (U) During a March 26 PDP rally in Yola, Vice President Atiku Abubakar lashed out against the Adamawa State Election Tribunal for its nullification of Boni Haruna's 2003 Adamawa gubernatorial election. Atiku accused Tribunal Chairman Kashim Zanna of bias and said the ruling was an attempt to steal Haruna's mandate and embarrass the Vice President and his protg Atiku went as far as to say he was ready "to insult, beat or slap anyone" who would try to take the gubernatorial seat away from the PDP. 3. (U) Despite statements from the Vice President's office accusing the press of misrepresenting his statements, reaction to Atiku's Yola tirade was swift and negative. Nigerian Bar Association President Wole Olanipekun called the Vice President's comments a threat to Nigeria's nascent democracy. Olanipekun went on to say that Atiku had no right to level such harsh criticism on the judiciary since the Vice President and the executive branch had so clearly failed the country. Going on, Olanipekun mused that the situation in Nigeria would be greatly |
CodeTemplar:I dont believe my post singled out any religious unit. I said ALL, without qualifying. |
CodeTemplar:I do not think he broke laws. Not everything is about breaking law, somethings are improper if they appear unethical in judgement. An ethically indicting action, even if it's within law, is just as bad on character and credibility and can tarnish image just as if one had broken law. Religious organizations are registered with CAC as tax-exempt. What this means is they are not in business to generate revenue but can take donations from public. This is a thin line and a careless Head of Religion unit can trespass the boundary and get in trouble. A Church must always avoid acts that will force it to open its books to investigators. Discoveries will be made that can embarass the leader and its church. Not just Oyedepo, but I think generally all religious bodies should be addressed by EFCC and reminded of the dangers of sending in auditors to inspect infringements of their charter. They all need a training to keep them safe and sound out of trouble. They have become nuisance to society lately. |
Does Reno not know this was a noise bait from Buhari? |
The following chart is IGR growth vs External Debt growth by State. Ideally IGR growth YoY should trend up while debt should trend down.
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princfred:Insecure ke? Do a headcount. How many Yorubas are in SE? In a normal day we get Ibo arrivals in Yorubaland than there are Yoruba population in entire Iboland. Just one day of headcount for new migrants from Iboland. What's chasing you from your land if not insecurity? |
Odingo1:It is not anyone's job to bring SE out of any condition. You owe it to yourself to come out of any condition that does not favour you. Marginalization does not favor SW and have made it our duty and obligation not to enter into it. We are not asking you to keep us out of it. We are not asking for your help to block marginalization. We are telling you we have the resolve and the means to keep marginalization away from our region. Now, where marginalization goes...is not our headache! |
kalu61:Atiku mentioned it...and it becomes your history. hahahahahahahaha.... ![]() |
GidiWoodsMan:It is automatic, they dont have to vote for him to continue the wail. Atiku is not winning, period! |
princfred:Is Osinbajo a Yoruba muslim? Religious crisis happen in two regions only 1 - North, 2 - SE. I say SE because you supress your Muslims and marginalize them. They dont have voice. The day they start voicing their interests SE will boil. |
Shehunoshewhat:Is Osinbajo the first Yoruba V nominee? There are parties that have fielded Yorubas as their candidate. Its about the administration. This administration is transparent |
Odingo1:Your governors marginalized you. Ask them to give you account of their monthly allocation |
Yomit71:According to them, every one of their governor is a self-made billionaire, and they are very proud to say it. ...but they wonder why no development in their region. Their self-made billionaire governors bankrupted their developments. This is why Kanu is very upset and refused to partner with them. Kanu has not been round the country and see with his eyes what is going in other regions. If he did he would have sent out assassins after SE govs, out of rage. |
kalu61:Atiku that came third in every primary he vied in? He had to buy his way to come 1st this time. Where does he have the clout to take over Lagos but lacked clout to win his party primary? Which kind brain you dey use talk for here? Use human brain abeg |
Who really cares how anyone feels about our resolve to return Buhari to power in 2019? If dem like report Fashola to international court of justice, which is their normal route.....we will not back down from putting Buhari in power. |
PDP VP nominee, Peter Obi says he will bring SE out of marginalization....this is ok. Fashola says Yoruba voting Buhari in 2019 will prevent SW going into marginalization....Oh no, this is hatred and tribalism! |
Instead of hyper-optimism....counting the chickens before they are hatched, why not first review....realistically, to see how many eggs hatched into chicken on last count? Look at gains and losses by the two top contenders on the eve of last presidential election compared to this cycle. You can see NW and SW are complete wipe out, PDP has no foothold there. So how is PDP going to win with the two most populous regions in the clutch of its opponent? What strategy do they have to snatch these two regions from APC. That's a tall order, is it not? 2014 SS PDP = 5 ACN =1 SE PDP = 3 APGA =2 SW ACN = 5 LP = 1 NW PDP =6 ANPP =1 NE PDP = 4 ANPP = 2 NC PDP = 5 CPC =1 2018 SS PDP = 5 APC =1 SE PDP = 3 APGA =1 APC = 1 SW APC = 6 NW APC = 7 NE APC = 4 PDP = 2 NC APC = 5 PDP =1
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https://www.vanguardngr.com/2018/10/us-govt-considering-pdps-petition-against-buhari-apc-youth-leader/ In reference to the report in Vanguard that PDP had submitted petition to foreign governments complaining and warning about the forthcoming election, it is important to view this action as a breach of rights of sovereignty of Nigeria as an independent nation. PDP was displaced after 16yrs of ruling, but by any measure it has failed to be an effective opposition since its defeat by APC close to four years ago. The news caption posted in the attached link above is a good reason to see the actions of PDP as counter-progressive for the Nation and moreover a score of failure on its role as opposition party for government. When a ruling party appears to be skirting the rules and codes of government it is the duty of opposition to first, draw their attention and that of the public to the infraction, and second, work patiently with them to return them to compliance. A misrule by the party in power should not only be critiqued but even more important should not be allowed to continue without redress because the aftermath is a negative impact on society. An opposition serves as the eye and voice of reasoning to bring the incumbent back into reality when it is straying from course. While the goal is to position the ruling party as an incompetent administration and seek public opinion against it for its own political advantage the opposition, nonetheless, owe a duty to the sovereign nation. Opposition is part and parcel of a government at any time even though it does not own the administration and cannot be blamed for misrule and mistakes of the ruling party, it cannot in any way escape liability for injury to State and society. It is appalling that PDP, instead of seeking redress domestically through the many instruments of power available to it at the Legislative, Judiciary and Council of State and approach its concern legitimately for proper process, has chosen to breach our independence status and petition foreign governments to intervene and dictate new code of conduct by which we must govern ourselves. What exactly can any of these foreign governments do that we are unable to do and redress ourselves if tabled and addressed through the proper channels available to PDP domestically? Shame on PDP for submitting our sovereign independence to foreigners to supervise! |
Olu317:Crediting Arabs with trustworthiness in historical record keeping is underserving. They are not at all altruistic and their record keeping is not meant for human evolution but rather for religious propagation and dominance. When a conflict arises between an important event of history and their religious bigotry, they will erase and obliterate the historical record to safeguard their religious teachings. Look at the following for instance. If they can disregard artifacts dated to time of the founder of their religion, imagine what they did in time of Muhammed himself to the history of the people and their religion in Mecca and before The Prophet founded Islam. I refuse to believe they tore down the place where Muhammed was born or the mosques he built to prevent it turning into worship grounds. Mecca had always been a no-go area for non-Muslims, according to Saudi law. Likewise they enacted laws that forbade excavations or anthropological diggings and studies in and around Medina and Mecca. It does not appear they can hold tight much longer on these laws without yielding, and they are scared of the revelations that will come out of these excavations. So they are destroying them. How else can one explain a people reputed to be record keepers to now turn around destroying history for grounds to build hotels? The Taliban destroyed Petra statues and the remains of great civilizations to propagate extremist Islam. The leftover antiquities of Iraq has been raided and blown to pieces by Isis in name of Islam. These erasures are not new. A new order in civilization is emerging and a new set of cross migrations and populations will be witnessed and even though they are removed from origin, their culture and nativity will remain in spirit.....as was the case with Yoruba departing AfroAsia, or across Atlantic in the Americas. We settle to our new abode, but the ancestors in us remain tied to their roots...wherever it was....bringing us to its awakening periodically and nudging for a return and conciliation to origin. It is a continuous quest! But such a transformation has come at a cost. The Washington-based Gulf Institute estimates that 95 per cent of Mecca's millennium-old buildings have been demolished in the past two decades alone. Dozens of key historical sites dating back to the birth of Islam have already been lost and there is a scramble among archaeologists and academics to try and encourage the authorities to preserve what little remains. |
This girl is beautiful. |
![]() OP, I salute o! |
WetinConsignMe:My brother, The Christ is derived from Greek word Khristos. Jesus was not Greek. He was an Hebrew and spoke Aramaic, a dialect of ancient Hebrew. So how did Christ come about? In ancient Hebrew and Aramaic, there is a word called Masheah. In modern Hebrew they call it Messiah. It means anointed, or one who possesses Divine Authority! The Greeks only knew of one authority and it belongs to their Ceasar or Kings, no one else. So they refused to assign a King's attribute of authority to Jesus but instead translated Masheah to Khristo. This is how Jesus CHRIST entered Bible and Christianity derived. If you had to study and render Bible in ancient Hebrew as Muslims do by learning and rendering their religion in Arabic....you will not be known as Christian...but instead as Masheanite (follower of Mashead). Instead of Jesus Christ we will be sayong Jesus Masheah. I can even take you deeper than this but I dont think its necessary to waste my time on public forum revealing things that are of no use to you anyway. Now, how does all these connect with Yoruba? In Yoruba, divine authority is called ASHE. Ifa adherents (Awo) say ASHE to prayers. You can see how Ifa and Christianity connect when you go into their ancestry and uncover the connection between Masheah (Christ) and Ashe. Enough said abeg....Nairaland is not the place to make revelations, it will be denigrated. ![]() |
chigozie1010:https://www.nairaland.com/4798113/pastor-joined-sad-looking-couple-drew#72234575 |
Nice Job deomelo! This picture-story should be called "A Day in The Life of VP Osinbajo". Many of us do not know he is this involved in community. |
Kaabiyesi oo! |
PeterKbaba:Loving it! ![]() |
WetinConsignMe:Not true. There is no inconsistency between Ifa and the three Abrahamic religions. |
WetinConsignMe:You are quoting the literature...the text written in the Bible. Underneath the texts, there are crypted messages for those with higher understanding. Some people said this rite should not have been made public. I disagree and happy that it is publicised. It will open discussion into better understanding of the Bible, so the yoke of demonic Pastors misguiding and cheating innocent congregation can be broken and casted away. |
I love it! Congrats! |
Most commenters here querying the blood ritual as a conflict with her Christian ministry are ignorant of the TRUE meaning of "The blood of Jesus" as prescribed in the Bible, nor what the Cross symbolized. Let's just say that Olori's act here stepping on the blood is an act of redemption. It's an ancient practice dating back to time of Noah, continued in Torah, in Bible, in Quran. What you observe here is the affirmation in Ifa, which predated Torah. Ase Edumare! |
Kaabiyesi ooo! I love the pair, the harmony is infecting. ![]() |
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