PTDF: Obasanjo Goofed in his Response

By

Nuhu Shuaib

enshuaib@yahoo.com

 
The circumstance surrounding the mismanagement of the PTDF is still a mystery to most of us. All efforts made at uncovering the truth have not yielded the desired result. Somehow, somewhere the truth is being covered by yet unknown persons. But as the saying goes, truth shall triumph over falsehood, it’s just a matter of time.
 
The shoddy job carried out by Economic and Financial Crimes Commission and the kangaroo panel that roped Vice President Atiku for corrupt charges was just to prevent him from contesting the April election. This is very clear to those who have been following the issue religiously without being biased in any way.
 
The Senate under the able leadership of Senator Ken Nnamani saw the cover-up which prompted them into setting up of an independent ad-hoc committee to investigate the matter. Unfortunately, the ad-hoc committee headed by Senator Victor Ndoma-Egba did worse than both EFCC and the administrative panel put together. They ended up adopting the EFCC report which they had earlier alienated themselves from. I didn’t expect a better report from the ad-hoc committee as I had earlier written that most of the members of that committee we pro third term who had an axe to grind with Atiku Abubakar for aborting their devilish quest. Thanks to Senator Olupitan who stood shoulder high to uphold the truth.
 
President Obasanjo’s letter came in the wake of a review committee set up by the Senate to review Senator Ndoma’s report. President Obasanjo’s response was centered on PTDF mandate. In effect, he went all out to explain that he never acted outside the PTDF mandate. He did not, in any way, attempt to exonerate himself from all the charges of corruption leveled against him. On the African Institute of Science and Technology, he argued that the institute did not require an Act of the National Assembly to exist. Is it true that the President can expend public money on projects that do not require approval? That is a question for the National Assembly to answer.
 
On funds channeled for the Computer-for-all-Nigerians-Initiative, the President also argued that it is clearly within the mandate of PTDF. It will be remembered that these computers were bought and disbursed to civil servants most of who were on the threshold of retirement. Some of those who benefited from the arrangement sold the computers for a profit. How civil servants in the Ministry of Information, for instance, will aid the development in the oil and gas sector remains a mystery to me.
 
The two hundred and fifty million naira paid for the incorporation of the Galaxy Backbone firm is yet another area in contention. The Presidential spokespersons, in defending the President earlier said the N250million paid to Obasanjo’s lawyer was for the incorporation of Galaxy and ‘other services’ rendered by the law firm. In his defence Obasanjo has not made reference to  ‘other services.’ Is it not absurd to pay a whopping sum of N250million for incorporating a company, when CAC actually got less than N30m? Someone must have benefited form this outrageous payment. The argument that he reduced the charge from N300m to N250m is not a valid defence.  
 
On the alleged fabrication of rifle codenamed OBJ-006 by the Defence Industries Corporation of Nigeria, President Obasanjo also tried relentlessly to justify his action. Is it also within the mandate of PTDF to make small arms ammunition? Except if the ammunitions are meant to wage war against the militants in the Niger Delta, I am yet to see how this will aid in technological development in the oil and gas sector.     
 
After all is said and done, Mr. President has not shed light on certain grey areas that are begging for attention. For instance, he has not told the Senate the circumstances surrounding the N700million he paid into Mofas account, an account he claimed ignorance of earlier. He has equally not said anything about all the money collected from Mofas account by his aide, Bodunde Adeyanju. Vice President Atiku, on the other hand, explained the reason behind all the payments made to Umar Pariya. The money requested by the PTDF, approved and released on the same day which Atiku claimed was used to fund the third term project of Obasanjo did not also get explanation from Mr. President.
 
The purchase of vehicles for civil servants with PTDF money is certainly against Obasanjo’s policy of monetization. The over $20million contract awarded to aides and cronies of Mr. President for the establishment of ICT centres, PTDF money paid out for progress report on Obasanjo’s administration and photographs for State House Library etc were not given attention by the President in his defence. The President was also accused of raising the limit of the amount of money the Executive Secretary of PTDF could approve without recourse to FEC.
 
Mr. President’s silence on these issues could only mean that he accepts guilt. The review committee would do this country a lot of good if Obasanjo can be compelled to answer to these allegations. In fact, he should be grilled just as Atiku willingly offered himself to the previous committee in the full glare of the press and the general public. If not, the final report of the committee may not be different from that of Nuhu Ribadu, Bayo Ojo and Senator Ndoma.   
 
 
 
Nuhu Shuaib
Goldjerry Estate
Zone 1, Wuse
Abuja