“Under Buhari’s watch as Petroleum Minister in the late 1970s, $2.8 billion (worth billions of naira today) was missing from the NNPC ACCOUNT.
The matter was subject to Senate investigation under the Chairmanship of Olusola Saraki in 1983.
But, before the report could be dealt with, Buhari conveniently overthrew the Shagari government in a military coup.” Femi Aribisala, VANGUARD, Tuesday, October 21, 2014.


“Be thou as chaste as ice, as pure as snow, thou shalt not escape calumny.” Shakespeare, 1564-1616. (VANGUARD BOOK p 25).


N.B. The title had been slightly amended from Part 1. I never experienced so many tears shed over a few words; so many crying more than the bereaved. And, the fun is just starting.


Aribisala, in an astonishing demonstration of arrogance of ignorance piled more falsehoods into one paragraph than any respectable columnist and public opinion molder should be allowed to get away with in two years.


I don’t know how old Femi is, but let me present FACTS which can be verified, not wooly statements like “in the late 1970s”.

Buhari became the Federal Commissioner for Petroleum and Natural Resources in 1976 and held that position until April, 21, 1977 when the Nigerian National Petroleum Corporation, NNPC, was promulgated into law by Decree 33 of 1977.


Buhari was made the non-Executive Chairman of the Board which included, the Managing Director, the Permanent Secretary, Federal Ministry of Finance, the Permanent Secretary, Federal Ministry of Economic Development, the Managing Director, and three persons to be appointed by the Federal Executive Council.


Contrary to what Femi, in his absolute ignorance wrote, the Commissioner’s power under the decree were so proscribed he could not have single-handedly removed a kobo, not to talk of $2.8 billion, which the NNPC, in 1977-79, never had. (See my book PDP: CORRUPTION INCORPORATED Chapter 10.


In addition, I challenge Femi Aribisala to provide the Annual Reports and Accounts of the NNPC from 1977 to 1979 to prove that the Corporation, in its entirety, was worth $2.8 billion. If the entire organization was not worth that much, how on earth could $2.8 be missing?


At any rate what were the MD, the Permanent Secretaries and the other Board members doing while Buhari alone made $2.8 billion to disappear?


Furthermore, at the time, the President granted the crude lifting permissions; and the revenue was paid directly into the Central Bank account. How did Buhari collect $2.8 billion from the CBN? And where is Femi’s proof? I can bet my life he can provide none. NONE!!!

For Femi’s education, because he badly needs it, the only $2.8 billion which made the headlines in 1978-1979, and later became the stuff of hostile columns by people like late Dr Tai Solarin and the butt of jokes by Fela Anikulapo, Abami Eda, was the $2.8 billion loan which Obasanjo secured for Nigeria and which several people claimed was mostly embezzled.


I have no proof of theft. But, I know that $2.8 billion had featured in our history only once in 1978-1979 and it was the loan.

Now, let me quickly turn to the coup of 1983 and Buhari’s involvement in it, which Femi, deliberately inferred was staged to prevent a report by Saraki from being presented.


Here again, Femi’s grasp on Nigeria’s history is so poor that I hope this is not representative of the stuff he teaches; if it is, the students have my sympathy.

To start with, Buhari was the Head of the Third Armored Division in Jos when the coup plotters, led by Babangida and Abacha struck.

They invited Buhari to come and take charge and removed him at their conveniece. So, the statement “Buhari conveniently overthrew Shagari” is a blatant lie. The lie is made more heinous by the fact that there was no Saraki report to “be dealt with”. Let me quickly explain why.

Shagari was re-elected for the second term and sworn in October 1, 1983. From October to December of that year, just three months, both the Executive and the legislative branches of government were still taking shape.


The Senate President had just finished the composition of the numerous committees of the Senate and none had resumed work before they went on Christmas break in mid-December – and from there into retirement.

When exactly did the Saraki “investigation” start? Who were the people called? And when was the report prepared? Even the village idiot knows that the Nigerian Senate does not work so fast as to dispose of alleged theft of $2.8 billion in two and a half months. Was Buhari called or are we to believe that the Committee would investigate a matter and write a report without calling the one accused?


The whole damned thing is simply a figment of Aribisala’s over-fertile imagination thrown up to satisfy his anti-North, anti-Islam bigotry…

www.vanguardngr.com/2014/11/comparing-buhari-jonathan-2/

I am waiting to read comments.

Aribiidiot is an example of the typical loud Nigerian.

1Opinionated but crude and loud.
2Argues without understanding the topic.
3Lacks the sophistry to contextualise the topics at hand.
4Educated but only functionally literate.
5 Hopelessly Corrupt
6Shallow and obsessively materialistics
7Civic illiterates
8Lacks the knowledge of the purpose of government
9Civic illiterate .
10 Full of compensatory egocentrism( inferior complex masquerading as superiority).

I do not read the man's insanity masquerading as article.

kahal29:
“Under Buhari’s watch as Petroleum Minister in the late 1970s, $2.8 billion (worth billions of naira today) was missing from the NNPC ACCOUNT.
The matter was subject to Senate investigation under the Chairmanship of Olusola Saraki in 1983.
But, before the report could be dealt with, Buhari conveniently overthrew the Shagari government in a military coup.” Femi Aribisala, VANGUARD, Tuesday, October 21, 2014.


“Be thou as chaste as ice, as pure as snow, thou shalt not escape calumny.” Shakespeare, 1564-1616. (VANGUARD BOOK p 25).


N.B. The title had been slightly amended from Part 1. I never experienced so many tears shed over a few words; so many crying more than the bereaved. And, the fun is just starting.


Aribisala, in an astonishing demonstration of arrogance of ignorance piled more falsehoods into one paragraph than any respectable columnist and public opinion molder should be allowed to get away with in two years.


I don’t know how old Femi is, but let me present FACTS which can be verified, not wooly statements like “in the late 1970s”.

Buhari became the Federal Commissioner for Petroleum and Natural Resources in 1976 and held that position until April, 21, 1977 when the Nigerian National Petroleum Corporation, NNPC, was promulgated into law by Decree 33 of 1977.


Buhari was made the non-Executive Chairman of the Board which included, the Managing Director, the Permanent Secretary, Federal Ministry of Finance, the Permanent Secretary, Federal Ministry of Economic Development, the Managing Director, and three persons to be appointed by the Federal Executive Council.


Contrary to what Femi, in his absolute ignorance wrote, the Commissioner’s power under the decree were so proscribed he could not have single-handedly removed a kobo, not to talk of $2.8 billion, which the NNPC, in 1977-79, never had. (See my book PDP: CORRUPTION INCORPORATED Chapter 10.


In addition, I challenge Femi Aribisala to provide the Annual Reports and Accounts of the NNPC from 1977 to 1979 to prove that the Corporation, in its entirety, was worth $2.8 billion. If the entire organization was not worth that much, how on earth could $2.8 be missing?


At any rate what were the MD, the Permanent Secretaries and the other Board members doing while Buhari alone made $2.8 billion to disappear?


Furthermore, at the time, the President granted the crude lifting permissions; and the revenue was paid directly into the Central Bank account. How did Buhari collect $2.8 billion from the CBN? And where is Femi’s proof? I can bet my life he can provide none. NONE!!!

For Femi’s education, because he badly needs it, the only $2.8 billion which made the headlines in 1978-1979, and later became the stuff of hostile columns by people like late Dr Tai Solarin and the butt of jokes by Fela Anikulapo, Abami Eda, was the $2.8 billion loan which Obasanjo secured for Nigeria and which several people claimed was mostly embezzled.


I have no proof of theft. But, I know that $2.8 billion had featured in our history only once in 1978-1979 and it was the loan.

Now, let me quickly turn to the coup of 1983 and Buhari’s involvement in it, which Femi, deliberately inferred was staged to prevent a report by Saraki from being presented.


Here again, Femi’s grasp on Nigeria’s history is so poor that I hope this is not representative of the stuff he teaches; if it is, the students have my sympathy.

To start with, Buhari was the Head of the Third Armored Division in Jos when the coup plotters, led by Babangida and Abacha struck.

They invited Buhari to come and take charge and removed him at their conveniece. So, the statement “Buhari conveniently overthrew Shagari” is a blatant lie. The lie is made more heinous by the fact that there was no Saraki report to “be dealt with”. Let me quickly explain why.

Shagari was re-elected for the second term and sworn in October 1, 1983. From October to December of that year, just three months, both the Executive and the legislative branches of government were still taking shape.


The Senate President had just finished the composition of the numerous committees of the Senate and none had resumed work before they went on Christmas break in mid-December – and from there into retirement.

When exactly did the Saraki “investigation” start? Who were the people called? And when was the report prepared? Even the village idiot knows that the Nigerian Senate does not work so fast as to dispose of alleged theft of $2.8 billion in two and a half months. Was Buhari called or are we to believe that the Committee would investigate a matter and write a report without calling the one accused?


The whole damned thing is simply a figment of Aribisala’s over-fertile imagination thrown up to satisfy his anti-North, anti-Islam bigotry…

www.vanguardngr.com/2014/11/comparing-buhari-jonathan-2/

Booked, I can't stop laughing.

Jonathan has nothing good to offer Nigeria, he's a huge failure already alot of corruption and money laundering in his tenure, and alot of innocents people killed in the north for the past four years and yet he could do nothing about it, cos he's clueless and after all this huge failures, he wants to go for second term, seriously

Buhari on the other hand, tho' I didn't no much about him when he was our president cos I was very young back then, but what I do know right now is that he is a liar, he can lie pass the devil himself.
Abacha could not finished his tenure before he died, yet his children came out to tell us that their coming generation can never be as poor as dangote (the richest black according to forbes) Buhari finished his term back then, now he is telling us today that he borrowed 20,000 000 naira to buy the APC form.


If there are over 150,000,000 people in Nigeria and 99% of the people thinks that these two are the ones that are going to lead us out of poverty into the promised land, Then there is no hope for black race.

Only idiots and people who lacks reasoning believed the azzlicker Femi Aribisala.

How much was crude oil in 1979 that somebody will steal $2.8billion dollars? How much was our national budget then?

Same way they were stupidly talking of 53 suitcases of money that Emir of Gwandu brought into the country.

Only teleguided and robotic TANdroids belief in JonaTAN and the PDP. The government is so full of moronic and senseless people who don't think before talk or act. femi was a bad PR agent to damage the image of Buhari and Tinubu, money spent to engage him was Monet wasted. He is an old senile idiot without conscience.

Case closed!!

Can any iota of truth come from APC camp.

This na FP material

moderators where una dey?

The Topic should be be changed to LIES PDP PAID REPORTERS TELL

Buhari is a general who is intented to make tinz right for his country while jonathan is a partisan (a memeber of a group organized to fight against an enemy which has occupied their country but the enemy is winning)

najoke:
This na FP material

moderators where una dey?

The Topic should be be changed to LIES PDP PAID REPORTERS TELL

Brilliant Idea. Do am sharp sharp..

There is time for everything under the sun. So, lets accept the fact that Buhari's time has passed. As some NL will put it, "Buhari expired since 1985". Democracy is not militocracy or autocracy. I will advise Buhari to see himself as a godfather, groom younger men who will have and carry out his aspiration in a democratic manner.

technophile:
Jonathan has nothing good to offer Nigeria, he's a huge failure already alot of corruption and money laundering in his tenure, and alot of innocents people killed in the north for the past four years and yet he could do nothing about it, cos he's clueless and after all this huge failures, he wants to go for second term, seriously

Buhari on the other hand, tho' I didn't no much about him when he was our president cos I was very young back then, but what I do know right now is that he is a liar, he can lie pass the devil himself.
Abacha could not finished his tenure before he died, yet his children came out to tell us that their coming generation can never be as poor as dangote (the richest black according to forbes) Buhari finished his term back then, now he is telling us today that he borrowed 20,000 000 naira to buy the APC form.


If there are over 150,000,000 people in Nigeria and 99% of the people thinks that these two are the ones that are going to lead us out of poverty into the promised land, Then there is no hope for black race.

u are stil a kid,u said buhari finish his term.for 20 months.abacha stay almost 4yrs.how can u compare buhari to abacha.in corruption.

Celebrating GMB over GEJ is like celebrating fool over idiot. You decide who is the fool and who is the idiot.

PDP= Propaganda Development Party! Every negativity, they must find a way to manipulate GMB's name into the picture! I've finally come to understand that there are block heads in the PDP, who are too stereotyped despite the revelations made by the author. Even me that wasn't around in '83 have come to correct myself that GMB wasn't the one that actually overthrew shagari's govt, but rather IBB and was used as scapegoat..so that posterity would always have that impression; how much more of Femi Alh. Lawal Kaita of PDP said in 2011 that the north would make it hell for GEJ, next thing Abati, the cartoonist drew GMB in the picture as the one who said it. Here it again, TANoids, the $2.8m was a lone taken by OBJ!