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
ENTERTAINMENT49 minutes ago

‎Portable Challenges Terry G to Celebrity Boxing Match, Says It Will Revive Singer’s Career

#SPORTS12 hours ago

BREAKING: Spain Break Argentine Hearts to Claim World Cup Crown

FEATURES14 hours ago

Ogun 2027: Yayi Accuses Opposition of Pursuing Personal Interests

FEATURED14 hours ago

‎Bel Dialogue Picks Lawrence Okpewho to Moderate 2026 Democracy Forum ‎

personnel
FEATURED17 hours ago

‎Anambra Police Nab 4 Suspected Kidnappers, Recover Firearm, Ammunition in Anti-Crime Operations

FEATURES18 hours ago

‎Peter Obi Marks 65th Birthday with ₦10m Hospital Donation

FEATURED20 hours ago

‎Omo-Agege Hails Peter Obi at 65, Backs NDC Leader’s 2027 Presidential Bid

FEATURED20 hours ago

‎NDLEA Raid Transnational Drug Ring, Seizes 1.63 Million Tramadol Pills Hidden in Trucks

FEATURED22 hours ago

BREAKING: Badejo-Okusanya Emerged as First Elected Female President of NBA

COMMUNITY REPORT2 days ago

Okowa, Wife, Guwor, Ibegbelum, Others in Attendance as Okowa-Daramola Marks Three Years in Office

FEATURED2 days ago

BREAKING: One Dead, Over 20 Homes Destroyed as Flood Devastates Edo Communities

FEATURED2 days ago

‎Timi Dakolo Denies £4,106 UK Tour Debt, Threatens Legal Action Over Defamation Claims

Bichi
FEATURED2 days ago

‎DSS to Appeal Jail Terms for Three Convicted Arms Couriers, Seeks Harsher Punishment

FEATURED2 days ago

Uzodimma Declares Imo ‘One-Party State,’ Backs Tinubu’s 2027 Re-election Bid ‎ ‎

secure number one position
FEATURED2 days ago

‎Ondo Father Arrested Over Alleged Hot Iron Assault on 10-Year-Old Daughter ‎

Advertisement
Advertisement

z

   


Article Banner