dre11:


http://thenationonlineng.net/recession-fed-govt-lists-conditions-assets-sale/

Izonpikin:
It came out as a rumor through dangote but right now it's slowly becoming a reality...Buhari ehn...

If you're not selling all of the government's share in the NLNG jv why sell it at all if not to make a particular man richer than he is??...

okwyee:
I laugh in English, buhari ehn, just sell this country as a whole... when we were warning them about change, dem no allow us hear word, issorite... $1~N1000 by the time he'll spend 2 years in office..
rice N40,000 by December, I can't wait to see the yeye face my sai baba people will be carrying about... mtcheww

dre11:


http://thenationonlineng.net/recession-fed-govt-lists-conditions-assets-sale/

okwyee:
I laugh in English, buhari ehn, just sell this country as a whole... when we were warning them about change, dem no allow us hear word, issorite... $1~N1000 by the time he'll spend 2 years in office..
rice N40,000 by December, I can't wait to see the yeye face my sai baba people will be carrying about... mtcheww

RichYoungNigger:
He wants to sell LNG to his brother and gay lover Aliko Dangote

Sell everything including the country, it will only affect the Amala and Ewedu eating Afonjas

My tribal mark having brothers from the South West don die

trapQ:
Government of dullards, by dullards and for dullards.

Optimum20:
Sometime ago Lagos state divested its interest in Econet as it was then called. Lagos was suffering from the withholding of its funds by Obj. Lagos used the money to do some stuff and some went ...... Delta state did the same divestment and Ibori did what he knows to do best.
Nigeria has 35,000 km of federally constructed roads. As at today only about 6,000 are good, 11,000 passable and the rest in deplorable conditions. Many can be death traps based on our driving culture.

Water irrigation in Nigeria is less than 8% of arable land. Successive lip service to irrigation keeps the farming at subsistence levels. Crop growing is still seasonal.

The current Federal education infrastructure gap is horrific. Ironically there are funds trapped in the UBE system not accessed by states.
That we lack primary health care is to state the obvious. After Professor Olikoye Ransome Kuti under the IBB regime, no serious attention has been paid to primary health care.

One good thing the GEJ administration did was to improve aviation safe through the deployment of Tracon. The Airports though are beyond the second century. Muritala Mohammed is a blight on the face of Lagos.

When Fashola planted flowers in Lagos, Lagosians complained loudly. One day I was in the company of Rohr the Country head of WB then and he said that beautification of Lagos improved its ranking on the doing business index.

The point, you need money to make money. You want to diversify revenue, you need cash to do it.
There are challenges here. Cash alone will not do it. But go see business plans that litter dustbins because the ideas could not get seed funding.

repogirl:
But we have to reason that selling off might actually be what we need at this point. The government obviously can't manage the assets well, so why not sell it to people that will?

Just as how Obasanjo did the telecoms industry which has now put a phone in everyone's hand when NITEL was fucking up.

What's the use of holding on to something which is being improperly managed and not yielding as much returns as it should?

repogirl:
But we have to reason that selling off might actually be what we need at this point. The government obviously can't manage the assets well, so why not sell it to people that will?

Just as how Obasanjo did the telecoms industry which has now put a phone in everyone's hand when NITEL was fucking up.

What's the use of holding on to something which is being improperly managed and not yielding as much returns as it should?

okwyee:
I laugh in English, buhari ehn, just sell this country as a whole... when we were warning them about change, dem no allow us hear word, issorite... $1~N1000 by the time he'll spend 2 years in office..
rice N40,000 by December, I can't wait to see the yeye face my sai baba people will be carrying about... mtcheww

Kx:
The thing is this:
If you insert repurchase clause to buy the assets back costly in the future- does that not tell you that the sale is not well conceived in the first place?
Secondly, you want to sell an asset to have money to spend, which assets are you expecting to yield revenues to finance the expected future buy back?

Finally, if you sell national assets to finance 2016 budget, what would you sell to finance 2017,2018,2019 etc budgets??

Kx:
The thing is this:
If you insert repurchase clause to buy the assets back costly in the future- does that not tell you that the sale is not well conceived in the first place?
Secondly, you want to sell an asset to have money to spend, which assets are you expecting to yield revenues to finance the expected future buy back?

Finally, if you sell national assets to finance 2016 budget, what would you sell to finance 2017,2018,2019 etc budgets??

repogirl:
But we have to reason that selling off might actually be what we need at this point. The government obviously can't manage the assets well, so why not sell it to people that will?

Just as how Obasanjo did the telecoms industry which has now put a phone in everyone's hand when NITEL was fucking up.

What's the use of holding on to something which is being improperly managed and not yielding as much returns as it should?

Optimum20:
Sometime ago Lagos state divested its interest in Econet as it was then called. Lagos was suffering from the withholding of its funds by Obj. Lagos used the money to do some stuff and some went ...... Delta state did the same divestment and Ibori did what he knows to do best.
Nigeria has 35,000 km of federally constructed roads. As at today only about 6,000 are good, 11,000 passable and the rest in deplorable conditions. Many can be death traps based on our driving culture.

Water irrigation in Nigeria is less than 8% of arable land. Successive lip service to irrigation keeps the farming at subsistence levels. Crop growing is still seasonal.

The current Federal education infrastructure gap is horrific. Ironically there are funds trapped in the UBE system not accessed by states.
That we lack primary health care is to state the obvious. After Professor Olikoye Ransome Kuti under the IBB regime, no serious attention has been paid to primary health care.

One good thing the GEJ administration did was to improve aviation safe through the deployment of Tracon. The Airports though are beyond the second century. Muritala Mohammed is a blight on the face of Lagos.

When Fashola planted flowers in Lagos, Lagosians complained loudly. One day I was in the company of Rohr the Country head of WB then and he said that beautification of Lagos improved its ranking on the doing business index.

The point, you need money to make money. You want to diversify revenue, you need cash to do it.
There are challenges here. Cash alone will not do it. But go see business plans that litter dustbins because the ideas could not get seed funding.

Dyt:
Awon eleribu

Izonpikin:
It came out as a rumor through dangote but right now it's slowly becoming a reality...Buhari ehn...

If you're not selling all of the government's share in the NLNG jv why sell it at all if not to make a particular man richer than he is??...