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14 Years Of Privatisation: FG Earns Only N251bn - Business (2) - Nairaland

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Re: 14 Years Of Privatisation: FG Earns Only N251bn by Nobody: 10:31am On Jun 30, 2014
slimthugchimee: Topic wey i for done book first to comment i cum leave am mtchwww
Is that your problem?
Re: 14 Years Of Privatisation: FG Earns Only N251bn by biomedixexcel(m): 10:35am On Jun 30, 2014
Who's fooling who?
Re: 14 Years Of Privatisation: FG Earns Only N251bn by MEILYN(m): 10:46am On Jun 30, 2014
Watin concern me? *Continues eating his Wheat meal with cotton ororo soup*. If my english isn't correct, leave it for me and swerve bi ko.
Re: 14 Years Of Privatisation: FG Earns Only N251bn by jpphilips(m): 10:53am On Jun 30, 2014
OBJ what have you done?
Re: 14 Years Of Privatisation: FG Earns Only N251bn by fiverrwin(f): 10:55am On Jun 30, 2014
they are deceiving themselves not us. God will judge them one by one
Re: 14 Years Of Privatisation: FG Earns Only N251bn by bigx(m): 10:58am On Jun 30, 2014
As against pouring billions into moribund, unprofitable firms, I think it's a net gain.
Re: 14 Years Of Privatisation: FG Earns Only N251bn by jpphilips(m): 11:01am On Jun 30, 2014
sheddyboy: @Op, my teacher in secondary schl teachez me that #251 billion is an excess and big money, now that you have come with another story or tutoring saying "government earn ONLY #251 bn" can you tell me how mush they were suppose to gain from d deal in 14 yrs?. Should i believe you or my teacher that said, 'that amount is a Huge money'.


When you sell 122 companies and make 251 billion, it is a micro change considering the Asset of the sold companies, Have you gone to Indorama (defunct Eleme petrochemical) before? The land mass alone is worth over a billion, let alone the assets of Nicon and Nigeria Airways,
Obasanjo's privatization is a huge scam.
BTW, Atiku collected all our FTZ
Re: 14 Years Of Privatisation: FG Earns Only N251bn by ISpiksDaTroof: 11:06am On Jun 30, 2014
Wait, so someone Please tell me, how did Nigeria become the largest economy in Africa, again?
Re: 14 Years Of Privatisation: FG Earns Only N251bn by Kitpaul: 11:10am On Jun 30, 2014
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Below are the cut-off marks for Nigeria Polytechnics 2014/2015 Academic Year.
==================
(1) Akanu Ibiam Federal Polytechnic, Unwana, Ebonyi
State— 150
==================
(2) MAPOLY— 160
==================
(3) Nuhu Bamalli Polytechnic— 150

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Re: 14 Years Of Privatisation: FG Earns Only N251bn by Nobody: 11:12am On Jun 30, 2014
Johnnoo: Technological revolution in Nigeria is the answer...!!!
Na with mouth dem dey talk am?
Re: 14 Years Of Privatisation: FG Earns Only N251bn by Krak(m): 11:17am On Jun 30, 2014
So what is he trying to tell us? He should also disclose the total amount of tax those privatised companies have been paying for the past 14 years.

Re: 14 Years Of Privatisation: FG Earns Only N251bn by kurlz(f): 11:27am On Jun 30, 2014
Like i care.
Re: 14 Years Of Privatisation: FG Earns Only N251bn by anthony86(m): 11:35am On Jun 30, 2014
At least they gained some money.
Imagine How much govt would have lost if they were still operating those business. I Just pray they privatise Nigerian defense and security atleast that would save 1 trillion naira annually.
Re: 14 Years Of Privatisation: FG Earns Only N251bn by Johnnoo(m): 11:47am On Jun 30, 2014
voltron:
Na with mouth dem dey talk am?
I'm challenging the Engineers in NL undecided
Re: 14 Years Of Privatisation: FG Earns Only N251bn by jude33084(m): 11:49am On Jun 30, 2014
iam_ord: Neo coloniasm ! When will we black people learn

Please explain furhter smiley
Re: 14 Years Of Privatisation: FG Earns Only N251bn by jude33084(m): 11:50am On Jun 30, 2014
Krak: So what is he trying to tell us? He should also disclose the total amount of tax those privatised companies have been paying for the past 14 years.

I think that is the job of FIRS chairman.
Re: 14 Years Of Privatisation: FG Earns Only N251bn by NewsINigeria(m): 11:59am On Jun 30, 2014
Noted....



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Re: 14 Years Of Privatisation: FG Earns Only N251bn by Nobody: 12:55pm On Jun 30, 2014
Is it about money making or providing effective services to the people? I don't know why Nigerian government privatization is all about maximizing profit.
Re: 14 Years Of Privatisation: FG Earns Only N251bn by zurine(f): 12:57pm On Jun 30, 2014
hmmm.....
Re: 14 Years Of Privatisation: FG Earns Only N251bn by LajaLaba: 2:13pm On Jun 30, 2014
Milk me dry embarassed lipsrsealed
Re: 14 Years Of Privatisation: FG Earns Only N251bn by donodion(m): 2:28pm On Jun 30, 2014
and who are the buyers of these establishments?to whom the sales of phcn and power distribution will give you a clear clue....THEMSELVES and their cronies.

Nigeria Politicians...you wont end well.
Re: 14 Years Of Privatisation: FG Earns Only N251bn by Nobody: 3:01pm On Jun 30, 2014
Johnnoo:
I'm challenging the Engineers in NL undecided

Our Engineers, the best "Academically" anywhere in the world.. but we have barely seen the results in creative innovative solutions.. they have the brain-power but not the mind-power. it is so sad
Re: 14 Years Of Privatisation: FG Earns Only N251bn by 19naia(m): 3:02pm On Jun 30, 2014
the only benefit of privatized is a big benefit...Government in democratic order, has many cooks in the kitchen and they disagree and spoil+delay the end result....In business and production, spoiling and delays dont make money or serve the publics needs...
Privatised will allow more decisive responses to issues and execution of policy because the business at hand will always be the only order of the day......Government has so much on its hands and would like to free up space to perhaps embezzle more money?
The government will see less money from the privatised units, but long term growth will eventually benefit all and government tax collection will benefit from long term economic growth......But nothing works out well private or government owned in a culture of corruption and instability....
So it remains that the pressing issue is neither private or government ownership...The issue is the stability of the social structure in the culture of corruption that permeates leadership in the nation...

1 Like

Re: 14 Years Of Privatisation: FG Earns Only N251bn by Johnnoo(m): 3:09pm On Jun 30, 2014
voltron:

Our Engineers, the best "Academically" anywhere in the world.. but we have barely seen the results in creative innovative solutions.. they have the brain-power but not the mind-power. it is so sad

Then there is something missing along the line... undecided
Re: 14 Years Of Privatisation: FG Earns Only N251bn by gistmelove(m): 4:29pm On Jun 30, 2014
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Re: 14 Years Of Privatisation: FG Earns Only N251bn by PaulSteve: 4:34pm On Jun 30, 2014
This must be a joke!
Eleme Petrochemical Company alone should generate more than that amount.
Re: 14 Years Of Privatisation: FG Earns Only N251bn by 3nairalandcom: 4:51pm On Jun 30, 2014
Congratulations! Congratulations!! Congratulations !!!
Re: 14 Years Of Privatisation: FG Earns Only N251bn by rushman003: 7:50am On Jul 01, 2014
teeebugs:

www.monitor9ja.com

http://leadership.ng/news/376441/14-years-boss you just made frontpage on nairaland.... Good comeback for nairaland and monitor9japrivatisation-fg-earns-n251bn4

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