Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,502 members, 7,781,529 topics. Date: Friday, 29 March 2024 at 04:19 PM

Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers (8957 Views)

Recession: FG Recants, To Dump Assets Sale Proposal- Lai Mohammed / FG Lists Conditions For Assets Sale / Fuel Price: NLC To Begin Strike Wednesday (2) (3) (4)

(1) (2) (Reply) (Go Down)

Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Nobody: 8:19am On Sep 27, 2016
The Nigeria Labour Congress has said it will mobilise Nigerians for nationwide protests to resist the plan by the Federal Government to sell strategic assets under the guise of using the funds to be generated to get the country out of recession.

The President of the NLC, Mr. Ayuba Wabba, said the consequences of the proposed sale of the strategic assets would be more grievous if Nigerians did not stop the government from carrying out the policy.

He made the comment on Monday in Abuja while inaugurating a think-tank of the NLC and the Academic Staff Union of Universities, entrusted with the responsibility of leading the intellectual engagement with the Federal Government on the contentious move to sell the country’s assets.

According to him, the NLC is making preparations to battle the Federal Government in courts to prevent the planned sale of the assets, explaining that the congress had secured the services of 20 volunteer lawyers, who had offered their services to the NLC on the issue.

The members of the 10-man NLC’s ‘Think-Tank on Socio-Economic Issues’ are a former President of ASUU, Dr. Dipo Fashina; Prof. Toye Olorode, Dr. Mohammed Aliyu, Dr. Mustapha Usman and Dr. Isaac Nwogugu.

Other members of the committee are Dr. Yemisi Bamgbose, Mr. Issa Aremu, Mr. Sonny Atuma, Dr. Peter Ozo-Eson, and Mr. Auwal Mustapha, who is the secretary.

Wabba stated, “While it is important to rescue our country from the current economic recession, sale of our commonwealth and strategic assets is certainly not a move in the right direction, and all Nigerians must have the courage to oppose it.

“All the (national) assets are under threat depending on the interest of who is speaking; the NLNG, refineries, all the assets are presently under threat. If we work together, then we can try to defend these assets. It will take the effort of all of us to stop them.

“Nobody will buy what is not profitable. That is why people are looking in the direction of the most profitable.”

Wabba stressed that the problem with Nigeria was corruption, which had become endemic in both the private and public sectors, and not the economic model to use.

The NLC president believed that politicians, who stole so much money and had been hiding the loot, were looking for ways to buy the assets with their looted funds.

Wabba assured Nigerians that organised labour was united in the quest to preserve the nation’s strategic assets for Nigerians and future generations.

“We are sure of ourselves; this is of concern to every citizen. We should not allow the bidding of those few who don’t mean well for the country. On the issue of selling out, we are on the same page, we will do everything possible to try to work together.

“We shouldn’t be discouraged because of the fact that we envisage sabotage or an effort to undermine the struggle. In every struggle, there would be moves to sabotage such,” he added.

ACF, economists oppose sale of national assets

Meanwhile, opposition against the plan of the Federal Government to sell some national assets continued to mount on Monday as the Arewa Consultative Forum and the Nigerian Economic Society condemned the proposal, asking the Federal Government to rescind its decision to sell the assets.

The NEC stated that the decision of the government did not make economic sense in the face of the current challenges.

It faulted the argument by the government that the proceeds of the sale would be used to fund the 2016 budget, noting that the sale of the assets would further widen the level of income inequality in the country.

The President, NES, Prof. Ben Aigbokan, stated this in an interview with journalists on the forthcoming national conference of the society on Monday in Abuja.

Aigbokan described the approach being adopted by the government as “generationally irresponsible”.

The conference, scheduled to commence on Tuesday (today), has as its theme ‘‘The developmental state and diversification of the Nigerian economy’’.

The NES president added, “It is an irony that the government is planning to sell some of our national assets at this time because it is a contradiction of one of the policies of government, which is sustainable development.

“The economics of selling national assets now at a time of economic recession is very poor because we will not get a good value for these assets, because people understand that the county is in need of money.

“If you sacrifice our national assets now because we are in need of money, what do you leave for the future generations?

“So, generationally, it is irresponsible to sell these assets without subjecting the decision to a referendum because all Nigerians have a stake in them.”

Also, the ACF on Monday argued that it was needless for the Federal Government to sell off national assets to bail out Nigeria from its current economic woes.

The pan-northern socio-political organisation, through its National Publicity Secretary, Muhammadu Ibrahim, argued that the bloated allowances of public officers, which he said accounted for 40 per cent of the national budget, should be converted to capital allocation to boost the economy.

The ACF argued that selling off national assets to service the economy was completely “unwise” as such move never yielded the desired results in the past.

The statement read in part, “The growing calls by some prominent politicians and business tycoons on the Federal Government to consider the selling of strategic, viable national assets as an option to take the economy out of recession at this material time are inappropriate.

“Past privatisation did not yield the desired result in terms of judicious use of proceeds by the government or management of the assets by the new owners. Moreover, the amount to be realised is not worth the exercise.

“Government enterprises like the Nigeria Airways, Nigeria National Shipping Line, Ajaokuta Steel Company, NITEL, PHCN, etc, that were sold to selected Nigerians and their foreign collaborators in the spirit of privatisation, only succeeded in converting public enterprises to private ones, and some later became comatose. The ones that survived, their service delivery cannot be said to be better.

“ACF therefore considers it unwise for the Federal Government to contemplate the selling of our major national assets like the crude oil refineries, federal airports, NLNG, while we can use them as security against needed funds to boost the economy, as the recession is considered to be temporary.

“In addition, ACF wishes to suggest that unnecessary allowances of public officers and overhead cost that form over 40 per cent of our annual budget should be converted to capital allocation to boost the economy.

“This is the time for national sacrifice in order to bequeath an enduring legacy to the next generation. Positive change usually comes with painful necessary sacrifice.”

On its own, the National Union of Textile, Garments and Tailoring Workers of Nigeria has cautioned President Muhammadu Buhari against the sale of the nation’s assets.

A member of the National Executive Council of the NLC, Mr. Issa Aremu, in a statement in Kaduna on Monday, said Nigeria was not short of resources, arguing that the nation lacked “genuine resourceful leaders at all levels”.

http://punchng.com/assets-sale-nlc-plans-nationwide-protests-enlists-20-lawyers/

3 Likes 1 Share

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Nobody: 8:20am On Sep 27, 2016
Even professional and seasoned economic connoisseurs have opposed this such purported ominous and irrational decision by the govt to market govt assets. According to Omokri, selling govt assets in this period is like selling your house to repair your car. This govt is really suffering from political and administrative myopia.

18 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Nobody: 8:27am On Sep 27, 2016
It is a pity that some zombies are still supporting this glaring inordinate decision by the govt with reason that GEJ formerly privatised PHCN. Even if you love Buhari so much that you want to defend him, at least you should reason in this case! The repercussion of this decision by FG is likely to affect even posterity, and also with the excess and fruitless dept incurred by this administration.

this transcends beyond defending Buhari, so open your eyes!.

12 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Izonpikin: 8:29am On Sep 27, 2016
correct...our government should be more concerned about expanding the oil and gas industry rather than sell assets that are still economically viable... undecided undecided...whats happening to the PIB...

3 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Izonpikin: 8:30am On Sep 27, 2016
blueto:
Even professional and seasoned economic connoisseurs have opposed this such purported ominous and irrational decision by the govt to market govt assets. According to Omokri, selling govt assets in this period is like selling your house to repair your car. This govt is really suffering from political myopia.
why i am really afraid is how this scam started with dangote before even the government...its scary...it just shows the ulterior motive behind the planned sale of oil assets..

3 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by RareDiamonds: 8:32am On Sep 27, 2016
Chai !!!
Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Nobody: 8:40am On Sep 27, 2016
Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by richidinho(m): 8:49am On Sep 27, 2016
Brain dead leaders


Subsidy removed, 1.5trillion saved

N50 stamp duty for every N1000

$12 per barrel in excess crude account

MTN fine, N120bn paid already

Recovered money, 1trillion saved

FIRS

Has Nigeria stopped selling crude oil and gas?


Where all these money dey?

30 Likes 2 Shares

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by firstking01(m): 8:49am On Sep 27, 2016
This is why i hate visiting the politics section cos i hate the sight of corruption and anything pattaining to politics esp in this part of the world where it's a do or die affair....why would buhari even think of selling NLNG huh?, the school wey he no go dey tumble him brain i guess, mumu president

3 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Benjom(m): 9:11am On Sep 27, 2016
Personally, I don't have confidence in the current NLC body/management.

3 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Nobody: 10:21am On Sep 27, 2016
Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Nobody: 10:41am On Sep 27, 2016
Stupid NLC...they better go and sit down, confused set of people.

19 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by amiibaby(f): 10:41am On Sep 27, 2016
Ok
Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by salabscholar01(m): 10:41am On Sep 27, 2016
ok
Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by kings09(m): 10:42am On Sep 27, 2016
You won't see zombies like sarrki, madridguy, ngeneukwenu, quotasystem, kyase, aresa n their likes on dis thread. Cos they r ever ready to support a scam govt dats willing to sell the country's identity cos of funding a budget period dats abt to end n fund d travelling charade of an empty head president.

Useless govt.

But wait oo, wch of the NLC faction cos NLC has lost its credibility. So is it Waheed or Ajero faction.

7 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by INTROVERT(f): 10:42am On Sep 27, 2016
HMM
Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by divinelove(m): 10:43am On Sep 27, 2016
undecided

Nobody will join the senseless protest non viable assets shld b sold without further delay to stop this economy from going into depression in December.

Ppl are complaining abt recession dey shld wait until depression comes they will realize they r enjoying nw angry

3 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by fitinwell: 10:45am On Sep 27, 2016
NLC you guys better go find work.. make una go sleep... Buhari if you don't Sale NLNG you are a bastard.. sell am..Sell bar beach join..sale federal roads...sale bridges...

2 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by c4tnoelz: 10:45am On Sep 27, 2016
Good, hope E N T patient will give you listening ears

2 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by jiinxed: 10:46am On Sep 27, 2016
Nonsense. buhari and his team of apes should sell everything, we are solidly behind you

2 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by ahamonyeka(m): 10:46am On Sep 27, 2016
Your strike actions right from when oshomole was there has never yield any good result.

1 Like

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by zeusdgrt(m): 10:46am On Sep 27, 2016
Since the north can't get some vital sector to run their economy buhari wants to sell it off to them so that when naija breaks up into countries these northerners will have a stake and still make trillions from other regions. By the way NLC is just a joke cz these are the same guys that have been bribed earlier during the last fuel hike negotiations.Agbaya!

3 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Nobody: 10:47am On Sep 27, 2016
I want me a new country. This place is a disgrace.

7 Likes 1 Share

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by sammyj: 10:48am On Sep 27, 2016
NLC should save their energy and use it to fight for the Nigeria workers and other matters because No Asset would be sold based on the fact that Nigeria has gotten a bailout of 50 billion dollars out of the 15 billion dollars we require to get out of the recession. shocked angry sad
Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Dyt(f): 10:49am On Sep 27, 2016
Awon werey
As if they can do jack
undecided undecided

2 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by kings09(m): 10:51am On Sep 27, 2016
It has bn planned alredy. Dangote jst kick-started d process of implementation.
Izonpikin:
why i am really afraid is how this scam started with dangote before even the government...its scary...it just shows the ulterior motive behind the planned sale of oil assets..

1 Like

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Nobody: 10:54am On Sep 27, 2016
Toothless bulldog

3 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by holluphemydavid(m): 10:55am On Sep 27, 2016
Dangote suggested "Sell the National Assets".
The next day, Senate President Saraki supports him.
The next day, many Law Makers endorsed it.
The next day, your Governors (All of them) approved it.
Next day, Baba will Sign it.
Next day, Dangote and other vultures will buy it all. (Refineries, Airports, Seaports, Express Roads, Stadiums, Educational institutions, Hospitals, Dams, Federal Secretariat etc)
Next day, you'll then discover it is actually your Law Makers and Governors that bankrolled the payment.
Next day, you'll find out it was the politicians that mandated Dangote to speak out so it will appear like a sound business idea.
Next day, you'll be told that just like the ones OBJ sold, the money has gone into private pocket.
Next day, you'll start again the self deception that APC is different from PDP.
Next day you'll Change your loyalty to a "New Party" formed by the "Same old Politicians" and quarrel with all your friends who will not support you.
Next day, they win and the cycle continues.
Next day... #Copied

6 Likes

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by duduade: 10:55am On Sep 27, 2016
Nlc acting drama

1 Like

Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by miqos02(m): 10:56am On Sep 27, 2016
good
Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by salbis(m): 10:57am On Sep 27, 2016
Do NLC exist in Nigeria? lapdogs!
Re: Assets Sale: NLC To Protest Nationwide, Enlists 20 Lawyers by Firefire(m): 10:59am On Sep 27, 2016
richidinho:
Brain dead leaders


Subsidy removed, 1.5trillion saved

N50 stamp duty for every N1000

$12 per barrel in excess crude account

Recovered money, 1trillion saved

FIRS

Has Nigeria stopped selling crude oil?


Where all these money dey?



"Looted by GEJ". - APC & her coven members

(1) (2) (Reply)

Ademola Nurudeen Adeleke For Senatorial Bye Election In Osun West (Photos) / Governor Umar Ganduje Approves N1.036BN For Repairs OF 31 Roads In State Capital / Four Breads For One House, Angry Lagos Youths Kick Bread Given To Them On Street

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 41
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.