Nigeria: PTDF - From Controversy to Industry Jobs Centre

2 August 2011

Prior to the riveting exchange of brickbats between former President Olusegun Obasanjo and his deputy, Atiku Abubakar which lasted for most of their second tenure, not many Nigerians knew about the existence of the Petroleum Technology Development Fund, PTDF, talk less of the lofty objectives it was designed to accomplish - except, perhaps, a sprinkling of bureaucrats and persons with inside information.

The PTDF Account saga exploded with a bang on the consciousness of Nigerians because of its peculiarity: for the first ever, a sitting president and his deputy were accusing each other of financial wrongdoings with a surfeit of supporting documents.

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