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tolu ogunlesi @toluogunlesi
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Always been an Infrastructure guy: questia.com/read/1G1-62556…

Development: PTF — Shining in the Gloom, by Pini Jason, African Business Magazine, June 1998
“Nigeria has a history of contractors collecting mobilisation (advance) fees and not carrying out the contract. But not with PTF. Every advance payment up to N10m must be guaranteed by a PTF-approved bank, while other advance payments are covered by performance bonds...”
“Initially PTF awarded contracts for the rehabilitation of 12,000km of federal highways (including drainages) nationwide, and between 25-100km of urban road in major cities such as Gusau, Benin, Funtua, Zaria, Enugu, Kaduna, Aba, Lagos, Lokoja, and Port Harcourt.”
“One thing even the most uncharitable critic of PTF will admit is that it has evolved a new way of doing things.”
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