Wednesday, January 14, 2015

Unease in APC over Obasanjo’s refusal to endorse Buhari


 There is a growing unease in the camp of the All Progressives Congress, APC presidential candidate, General Muhammadu Buhari over the refusal of ex-President, Olusegun Obasanjo to endorse him ahead of the Feb. 14 presidential election.
Equally troubling, according to a report by Pointblank News, is the unending animosity between the APC presidential candidate and former military president, General Ibrahim Babangida. Buhari had in a recent interview given indications that he is still not happy with Babangida for sacking his military administration while Babangida, in turn, gave a veiled endorsement to Buhari’s opponent at the presidential contest during a visit of the Nigerian president to his Minna abode. Babangida had called on Nigerians to vote for President Jonathan for the unity of the country.
Though it is still not clear why Obasanjo is shying away from endorsing Buhari, Pointblank News, quoting sources close to Obasanjo suggests that the ex-president’s reluctance may be connected with a report by the Petroleum (Special) Trust Fund (PTF) Interim Management Committee, instituted by Obasanjo on July 7, 1999.
According to the report of the committee, the PTF under Buhari’s supervision was mismanaged. Though the report was never made public nor acted upon by the former president. The Committee was said to have advised Obasanjo to “set up a high powered judicial panel to recover the huge public fund that was mismanaged and also take necessary action against any officer, consultant or contractor whose negligence resulted in the colossal loss of public funds.”
The report of the committee indicated that the sum of N25, 758,532,448 was mismanaged by the Afri-Project Consortium, a company contracted by the PTF as management and project consultants.
According to the report, Buhari, as PTF chairman, was said to have also “delegated to Afri-Projects the power of assume absolute control on PTF to initiate, approve and execute all projects by the PTF.
APC sources however say that the body language of Obasanjo is troubling to the party because it is at variance with his earlier promise

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