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,
Police Impound 21 Vehicles for Traffic Violations in Delta
How Delta Police Foiled Suspected Cult Initiation in Orogun Community
Trump Pledges Support for Tinubu, Says It’s an ‘Honour to Stand With You’ Against Terrorism
Tension as Gunmen Kill Rivers Vigilante Commander, 3 Women in Omoku Attack
Police Foil Kidnap Attempt in Nasarawa, Rescue Four Victims After Gun Battle
Police Top Ghost Worker List as ICPC Uncovers 908 Fake Employees, Recovers N942m
Gunmen Abduct Two Ondo Farmers, Demand ₦10m Ransom as Security Operatives Launch Rescue Mission
Falz: I’ve Not Endorsed Any Politician, Nigerians Must Defend Democracy Through Their Votes
Oborevwori Charges Political Appointees On Integrity, Explains DESOPADEC’s Tenure Extension
Police Arrest 7, Recover 285 Vandalized NNPC Pipelines in Adamawa
Reps Summon Foreign Affairs Minister, NSA Over Alleged Illegal Presidential Investment Council
ICPC Says Gbajabiamila Voluntarily Honoured Invitation Over PFIPC Probe, Not Arrested
Kogi Residents Pledge Support for Tinubu, Ododo Over Infrastructure Projects
Relief as Isoko South Chairman’s Wife Celebrates Two Years in Office with Outreach to Orphanage, Families
