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
Article Banner

“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
Article Banner

“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
Article Banner
Continue Reading
Advertisement
Click to comment
COMMUNITY REPORT2 hours ago

We’re Providing Improved Power Supply, Incentives, Infrastructure to Support Farmers, Investors – Oborevwori

Akpeki
FEATURED10 hours ago

APC Releases List of Presidential Campaign Council; Appoints Yari as DG, Uzodimma Secretary (FULL LIST)

FEATURES10 hours ago

Fire Guts Popular SPAR Outlet in Calabar

FEATURES14 hours ago

UPDATED: Tinubu Orders Arrest of Nwabueze, Suspension of 3 Perm Sec. as ICPC Uncovers Another Fake Office in OSGF

FEATURES22 hours ago

Why FBI Seeks Secret Court Filing Over Withheld Records Linked to Tinubu

FEATURES22 hours ago

Wike to Atiku And Obi: My Mission Is To Beat You Thoroughly And Make You Sick

Defense and Security23 hours ago

Tragedy in Ondo as 4 Amotekun Officers Killed in Deadly Ambush

FEATURED1 day ago

Oborevwori Appoints Sakpra GM, Delta Social Investment Programme

ENTERTAINMENT1 day ago

Rockson Igelige, Intellectual Property Lawyer, Dies at 55

COMMUNITY REPORT1 day ago

Isoko South Takes Delivery of 125 KVA Mini Farm Solar Power Supply for New Secretariat

FEATURED2 days ago

‎2027: Lagos APC Declares Readiness, Says ‘Tinubu’s Journey to Victory Has Begun’

COMMUNITY REPORT2 days ago

Ogorugba Lauds Oborevwori on Newly Inaugurated Ozoro Ultra-Modern Market

Omo-Agege
FEATURED2 days ago

Omo-Agege: How an Assassination Squad Attacked NDC Campaign, Threatened to Kill Me and My Coordinator in Delta

FEATURES2 days ago

Demonstration Of Ignorance — Tinubu Rejects Subsidy Restoration Demands

FEATURED2 days ago

‘Take Me Back to Senate’ — Omo-Agege Flags Off 2027 Campaign, Slams Oborevwori ‎

Advertisement
Advertisement

z

   


Article Banner