Connect with us

FEATURED

I’ll Give NNPC Out Even If I’m Killed In The Process – Atiku

Published

on

Alhaji Atiku Abubakar, Presidential Candidate of PDP, has made clear again that he would privatise the Nigerian National Petroleum Corporation (NNPC) even if it cost him his life.

The opposition Peoples Democratic Party’s candidate made the vow again on Wednesday while addressing the business community in Lagos.

Brushing aside the controversy generated when he first made the promise, he repeated: “I am committed to privatising NNPC, I said it.”

“I swear, even if they are going to kill me, I will do it,” he said.

Atiku also said that his emergence in power would lead to prosperity.

“I am also not going to enrich members of my family but my friends.

Advertisement

“Are my friends not entitled to be enriched? As long as there is no element of corruption there.”

The News Agency of Nigeria, NAN reports that the plan to privatise the state oil company and sell the four refineries had earlier been criticised by stakeholders and financial experts, including the Chief Executive Officer (CEO) of Financial Derivatives Company, Mr. Bismarck Rewane.

Rewane had asked the candidate to tell Nigerians who he wanted to sell the NNPC to and how he intends to go about it.

“I agree that the NNPC should be privatised, but selling to who?”

“You must not just say you are going to sell, you must tell us how, and to who? he questioned.

“Tell us who and who, and how you are going to ensure that it is not sold to your own cronies.

Advertisement

“One of the big risks of privatisation is the Russian model, where you have chronic capitalism.

“If you have businessmen, who are in government like Donald Trump, you want to make sure that both the government and the people are protected from conflicts of interest.”

Mr Rewane called on the Atiku to guard against selling to “our own cronies”, in the name of privatisation.

Established in 1977, the NNPC is the oil corporation through which the federal government regulates and participates in the country’s petroleum industry.

It is by law manages the joint venture between the federal government and a number of foreign multinational corporations,

Advertisement
Continue Reading
Advertisement
Click to comment
COMMUNITY REPORT29 minutes ago

Oborevwori Sets Sights on 2027, Delivering Massive Projects to Outshine Opposition in Delta

FEATURED19 hours ago

Excitement Booms in Warri, Effurun as Oborevwori’s Legacy Enerhen, DSC Flyovers Reach Completion Milestone

FEATURED23 hours ago

Tinubu Posts Fani-Kayode to Germany, Omokri to Mexico, Other 63 Ambassadors-designate to Various Countries

Mele Kyari
FEATURED1 day ago

Senate Probes Kyari, Ajia, Bala Wunti Over Alleged N210trn Missing Funds, N5bn NNPC Transition Expenses

FEATURED2 days ago

Alleged N1.18b Financial Misconduct: Assembly Begins Impeachment Processing Against Deputy Gov.

social media
FEATURED2 days ago

‎ ‎2027: Why Technical Committee on Anioma State Creation Is Pushing Delta North to Reelect Sen. Nwoko ‎

FEATURED2 days ago

Tinubu Halts Keyamo’s Policy on Cashless Operation By FAAN Over Airport Traffic Chaos  

COMMUNITY REPORT3 days ago

Oborevwori Sets to Inaugurate Oko-Amakom/Oko-Obiokpu Road Project

FEATURED3 days ago

EFCC Presents Two Witnesses Against Defendant in Alleged N19m Land Fraud in Lagos

social media
OPINION4 days ago

MY EMOTIONAL ENCOUNTER WITH SENATOR NWOKO THAT CHANGED MY PERCEPTION, BY CHIDI CHUKWUTEM

FEATURED4 days ago

Why Omo-Agege, Nwoko, Ibori’s Daughter Shunned Delta APC Congress as Former PDP Chair, Arenyeka Emerges APC State Chairman

Akpeki
FEATURED4 days ago

APC Chieftain Pushes for Zoning of State Chairmanship Slot to Delta North

NEWS5 days ago

Residents Demand Stricter Safety Measures After Pupil Dies In Uvwie Construction Accident

FEATURED6 days ago

Oborevwori Inaugurates Projects at Southern Delta University as 1,231 Students Graduate

FEATURED7 days ago

Senator Nwoko Mourns Delta Ex-Deputy Governor, Benjamin Elue

Advertisement
Advertisement

z