FEATURED
I’ll Give NNPC Out Even If I’m Killed In The Process – Atiku
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.
“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.
“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,
24 Feared Dead, Others Hospitalised As Suspected Food Poisoning Hits Ondo
Papi Urhobo, Voice Behind Timaya’s ‘Ogologomma’ Dies After Illness
UPDATED: Akpabio Denies Threatening North Over 2027 Election
‘We Don’t Need a Party Card to Mourn’—Omo-Agege Slams Benue Govt, Demands Probe into Alleged Obstruction of Obi’s Visit to Violence—Ravaged Yelwata
Navy Arrests Suspected Fake Officer, Armed Robbery Suspect in Anambra
UPDATED: Keyamo Condemns Blockage of Peter Obi in Benue, Calls It ‘Unacceptable in Democracy’
HOMEF Demands Urgent Cleanup, Compensation After New Bayelsa Oil Spill Disrupted Coastal Livelihoods
2027: Tinubu Is Beatable, APC Will Come Last — Adebayo
Benue Gov Knocks Obi: He Breached Protocol, We Didn’t Know He Was Coming
Brittania-U Chair Uju Ifejika Pumps $400M into Chevron’s Divested Delta Oil Field
Tension as Thugs Block Peter Obi From Visiting Yelwata Massacre Victims in Benue
Benin-Asaba Expressway: FG Assures Motorists of Quick Fix, Moves to Replace Contractor Over Worsening Road Condition
OBI-KWANKWASO: STRANGE BEDFELLOWS MERGER, BY ANTHONY OBIRE
Customs Officer Dies in Lone Crash on Ikom-Calabar Highway
