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#OtvFACTS: Buhari ’s record at PTF : Tweets of facts

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Each time General Muhammadu Buhari declares his
aspiration for the highest post in Nigeria , his opponents
usually dredge up wild accusations about his era as
chairman of the Petroleum Trust Fund , under the Abacha
regime . A respected magazine publisher and ThisDay
columnist , Waziri Adio last night, 26 December felt
compelled to speak up and clear the air on these false
accusations . in a series of 35 tweets , Adio made it clear
that “ the South got 70 % in terms of amount located , and
the North got 30 % ” .
The tweets are very enlightening. See them below :
In a few minutes, I will start tweeting about the Petroleum
Special Trust Fund ( PTF ) headed @ ThisIsBuhari btw May
’ 95 and May ’ 99 .
2 . There have been allegations that the PTF projects were
lopsided in favour of the north , aimed at portraying
@ ThisIsBuhari as sectional .
3 . There have also been allegations of fraud in PTF ,
meant to show that @ ThisIsBuhari not as clean as
portrayed .
4 . I will provide some background on PTF and present
some facts based on public documents and leave you to
draw your conclusions.
5 . PTF was set up by Gen Abacha in May ’ 95 , headed by
@ ThisIsBuhari , with Chief Tayo Akpata as Secretary.
Other members representing different zones were Y .
Gusau , A Talib , Rufus Giwa , Prof . Chimere Ikoku , Prof. JP
Clark , D . B Zang .
7 . PTF was charged with using portion of increase in fuel
price to rehabilitate roads , schools , hospitals , water
schemes n provide supplies
8 . Despite charges of being a parallel govt , at no point
was PTF budget more than 10 % of total budget of the
federation .
9 . Widely circulated allegation of lopsided siting of PTF
projects by Afenifere a bit exaggerated .
10 . It is true that out of the 13 , 090km roads rehabilitated ,
32 % in the south and 68 % in the north . But that’ s half the
story .
11 . In terms of km , 7. 3% of d rehabilitated roads were in
SE; 8 . 5 % in SW ;16 . 25 in SS ; 21 . 1 % in NW ; 23 . 4% in NE ;
and 23 . 5 % in NC .
12 . But it is also true that the landmass varies among
zones and same with degree of difficulty and cost .
13 . A look at the cost of roads in different zones and the
overall allocation to zones in all PTF projects show a
different picture .
N 77 . 2 b was committed to roads out of the total of N 187b
allocated to PTF till May 99 .
15 . Of the N 77 . 2 b to roads , SW got N 9. 7 b; SE, N 14 . 5b ;
SS , N 30 . 5 b . This means SW got 12 . 6 % of road budget ;
SE, 18 . 8 %; SS , 39 . 5 % .
16 . Of d N 77 . 2 b committed to roads , NE got N 7 . 1 b ; NC ,
N 7 . 4 b ; NW , N 7 . 9 b, meaning NE got 9 . 2 % , NC got 9 . 6 %
and NW 10 . 3 % .
17 . This shows that in terms of cost, the variation btw
north and south reversed in favour of d south.
18 . Under roads , the south got 70 % in terms of amount
allocated and the north got 30 % .
19 . It may sound counter intuitive, but it is also an
established fact that road construction costs more in the
south than in the north .
20 . Those circulating facts about kilometers of roads
possibly also have information about cost of the roads
and total allocation.
21 . Possibly , they selectively chose the data set that will
help their argument that @ ThisIsBuhari is sectional .
22 . Also , of the total N 187b allocated to PTF , the south
got more than the north .
23 . In the 6 areas under PTF , SE got N 26 . 9 b ; SW , N 28 . 8b ;
SS , N 49 b . Representing 15 % for SE, 15 . 4 % for SW , and
26 . 2 % for SS .
24 . That is a total of 56 . 7 % for the south out of the entire
budget of PTF .
25 . Of d total PTF allocation, NC got N 20 bn ; NE , N 26 b;
and NW N 34 . 9b . Meaning 10 . 7% for NC ; 13 . 9 % for NE ;
and 18 . 7 % for NW .
26 . That ’ s 43 . 3% for the North out of the total N 187b
allocation to PTF .
27 . On allegations of fraud in PTF under @ ThisIsBuhari , it
is important to bear a few things in mind .
28 . OBJ set up two interim mgt committees on PTF ,
before eventually asking PTF to be wounded up .
29 . First committee was under Dr . Haroun Adamu . 2nd
under Alh . Garba Mubi. Dr Adamu Maina – Waziri was
asked to wind up PTF .
30 . For two years , police and SSS interogated officials of
Afri – Project Consortium, project consultant to PTF .
31 . Up till today, no one charged or prosecuted . In fact
two of d founders of Afri – Project Consortium later served
in OBJ ’ s govt .

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Buhari : My PTF records

32 . Murtala Aliyu was minister of state for works , and
Amina Mohammed served as SSA on the MDGs and is
now an adviser to the UN Sec – Gen .
33 . However , anytime @ ThisIsBuhari is planning to
contest some people dredge up allegations of
sectionalism and fraud in PTF .
34 . Sometimes it is claimed that no one prosecuted so as
not to embarrass @ ThisIsBuhari . But what does that say
about those making d claims ?
35 / 35 . This is it for now on PTF and @ ThisIsBuhari .

image

Waziri Adio : tweets PTF facts

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