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
FEATURED54 minutes ago

CNS Attributes Naval 70th Successes to Collective, Technology-Driven Fight Against Maritime Crimes

FEATURED3 hours ago

2027 Polls: APC Sets Deadline for Primary Election Reports ‎ ‎

FEATURED4 hours ago

‎Tinubu Wins APC Presidential Primary with Over 10 Million Votes ‎

FEATURED6 hours ago

Oborevwori Hails Former Delta Chief Judge, Justice Marshal Umukoro, at 70

FEATURED1 day ago

Oborevwori Attributes Tinubu’s 407,646 Votes in Delta to Internal Party Unity

COMMUNITY REPORT1 day ago

Ijaws of Warri South Back INEC, Allege High-Level Plot to Overturn New Wards Delineation Report

Howo trailer
FEATURED1 day ago

UPDATED: Delta Raid: Police Smash Criminal Dens, 23 Nabbed, Howo Trailer Recovered

FEATURED1 day ago

Former Bauchi Governor Stages Comeback, Clinches APC Governorship Ticket 

FEATURED1 day ago

US Closes Loophole: Nigerians Must Now Finish Green Card Back Home ‎

FEATURED2 days ago

Edo Police Strike Back; All 13 Abducted Passengers Freed After Shootout ‎

FEATURED2 days ago

Delta Directs Renewed Hope Coordinators, LGA Ambassadors to Mobilise for Tinubu’s APC Presidential Primary

social media
COMMUNITY REPORT2 days ago

Full List of Senator Ned Nwoko’s Achievements in the Service of Anioma-Nigeria

COMMUNITY REPORT2 days ago

Kidnapped Students, Teachers in Orire Still Held,Rescue Rumors False -Oyo Police

FEATURED3 days ago

Agediga Hails Oborevwori’s Emergence as APC 2027 Candidate, Cites Education Gains in Delta

FEATURED3 days ago

Gov Oborevwori Emerged Unopposed as 2027 Delta APC Guber Candidate with 345,375 Affirmation Votes

Advertisement
Advertisement

z