Abstract

The government of Nigeria removed the subsidies on the prices of petroleum products in 1994 and set up the Petroleum (Special) Trust Fund (PTF) to use some of the extra revenue to rehabilitate infrastructure nationwide. This evaluation was carried out to provide an assessment of the programme in view of its scrapping in 2000. The Earned Value Technique was used to analyse the projects in terms of the time, cost quality and other objectives using data obtained from PTF and the consultants. The study concludes that the programme suffered no cost overruns and the quality of work was generally satisfactory, but the programme suffered a time overrun of 38,5%. At the end of the scheduled completion period 72,6% of the projects were behind schedule while 17,6% were at zero completion.