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Nasir El-rufai On Barth Nnaji's Resignation - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nasir El-rufai On Barth Nnaji's Resignation (16245 Views)

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Nasir El-rufai On Barth Nnaji's Resignation by pheesayor(m): 9:17am On Aug 30, 2012
On Barth Nnaji's Resignation

I think the issue boils down to poor judgment on the part of Barth. Since the days of TCPC, there exists a Code of Ethics prohibiting members of the Board of TCPC and staff from acquiring assets being privatized.

In 2000, the National Council on Privatization approved stricter Code of Ethics prohibiting staff of BPE and members of NCP from participating in any way in privatization transaction. As DG of BPE between 1999 and 2003, I went further and stopped buying any shares on the NSE to prevent any signalling to the market.

Barth Nnaji ought to be aware of this, and withdrew his firm or its associates from further participation in any consortium participating as consultants or bidders to any privatization transaction, electricity related or not, the moment he was appointed minister of power, and therefore a co-opted member of the NCP. Perhaps he was unaware of this Code which BPE as the secretariat of NCP is obliged to draw attention to for the guidance of all council members.

His resignation is a set-back for the power sector reforms. He is one of the few ministers in GEJ's cabinet that knows what need doing in his area of ministerial responsbility. The whole thing was clearly avoidable.

There are many ministers far less competent than Barth and under whose watch massive fraud, corruption and more serious crimes have been committed. Yet, they continue to sit pretty and not asked to resign.

Perhaps, there is more than this ethical infraction. I do not know, but if what we read is all there is, both the ex-minister and his employer could have handled it better and in a more orderly manner.

Nasir

http://www.facebook.com/nasirelrufai/posts/10152056638425128

Do you agree with Elrufai or not?

7 Likes

Re: Nasir El-rufai On Barth Nnaji's Resignation by hercules07: 9:49am On Aug 30, 2012
Waiting for the El-Rufai haters to come out, he is praising both GEJ and Barth Nnaji here. I do not believe the PHCN should be privatised, I think the sector should be deregulated, what worked in the telecomms sector was deregulation not privatization.

3 Likes

Re: Nasir El-rufai On Barth Nnaji's Resignation by fulfillment2020(m): 9:55am On Aug 30, 2012
Well said Mallam
Re: Nasir El-rufai On Barth Nnaji's Resignation by Nobody: 9:59am On Aug 30, 2012
I agree with him.

2 Likes

Re: Nasir El-rufai On Barth Nnaji's Resignation by Nobody: 10:01am On Aug 30, 2012
On Barth Nnaji's Resignation

I think the issue boils down to poor judgment on the part of Barth. Since the days of TCPC, there exists a Code of Ethics prohibiting members of the Board of TCPC and staff from acquiring assets being privatized.

In 2000, the National Council on Privatization approved stricter Code of Ethics prohibiting staff of BPE and members of NCP from participating in any way in privatization transaction. As DG of BPE between 1999 and 2003, I went further and stopped buying any shares on the NSE to prevent any signalling to the market.

Barth Nnaji ought to be aware of this, and withdrew his firm or its associates from further participation in any consortium participating as consultants or bidders to any privatization transaction, electricity related or not, the moment he was appointed minister of power, and therefore a co-opted member of the NCP. Perhaps he was unaware of this Code which BPE as the secretariat of NCP is obliged to draw attention to for the guidance of all council members.

His resignation is a set-back for the power sector reforms. He is one of the few ministers in GEJ's cabinet that knows what need doing in his area of ministerial responsbility. The whole thing was clearly avoidable.

There are many ministers far less competent than Barth and under whose watch massive fraud, corruption and more serious crimes have been committed. Yet, they continue to sit pretty and not asked to resign.

[/b]Perhaps, there is more than this ethical infraction. I do not know, but if what we read is all there is, both the ex-minister and his employer could have handled it better and in a more orderly manner.

Nasir


[b]I SEE DIEZANI
grin grin grin grin

8 Likes

Re: Nasir El-rufai On Barth Nnaji's Resignation by pheesayor(m): 10:03am On Aug 30, 2012
hercules07: Waiting for the El-Rufai haters to come out, he is praising both GEJ and Barth Nnaji here. I do not believe the PHCN should be privatised, I think the sector should be deregulated, what worked in the telecomms sector was deregulation not privatization.

When they start calling and on insisting on deregulation instead of privatisation, then they call them enemies of the government again, smh
Re: Nasir El-rufai On Barth Nnaji's Resignation by nduchucks: 10:10am On Aug 30, 2012
Mallam El-Rufai, missed the involvement of Mr. President in this scandal, like most people. He missed the following, buried in published reports:

Nnaji said he had met with the president Tuesday afternoon, during which he (president) informed him (Nnaji) that he was using his company as a proxy to buy shares on behalf of the president in Afam power station through the privatisation process.

The red text above must be the real reason why Nnaji left his position abruptly. The President himself was going to benefit from the deal because Nnaji's company was buying shares for the President. When that fact was exposed, Nnaji had to be sacrifised, if not GEJ himself would have been in big soup.

Bunch of Barawos. These people act as if there are no real people behind blind trusts, thieves hiding behind proxies.

6 Likes

Re: Nasir El-rufai On Barth Nnaji's Resignation by walton1(m): 10:20am On Aug 30, 2012
When el-rufai was the DG of the bureau of public enterprise he used his position to buy government properties where he under valued them and sold them to himself.
Re: Nasir El-rufai On Barth Nnaji's Resignation by Nobody: 11:25am On Aug 30, 2012
walton1: When el-rufai was the DG of the bureau of public enterprise he used his position to buy government properties where he under valued them and sold them to himself.

BUFFON! WHAT HAS THIS GIBBERISH GOT TO DO WITH THE TOPIC?
Re: Nasir El-rufai On Barth Nnaji's Resignation by sojjy: 11:29am On Aug 30, 2012
El-rufai argues fine,no sentiment,no bias.Mallam is a man I would love to see occupying the post of president in Nigeria.He's a true Nigerian that really want the best for his dearest country.

3 Likes

Re: Nasir El-rufai On Barth Nnaji's Resignation by binger(m): 12:26pm On Aug 30, 2012
This is the best/only good comment the mallam(cattle rearer) has made on national issues ever since GEJ came into power

9 Likes

Re: Nasir El-rufai On Barth Nnaji's Resignation by bakila: 12:34pm On Aug 30, 2012
binger: This is the best/only good comment the mallam(cattle rearer) has made on national issues ever since GEJ came into power
ebi like say Mallam go buy stick for the binger.
Re: Nasir El-rufai On Barth Nnaji's Resignation by IleIfe2(m): 12:34pm On Aug 30, 2012
Yep, you are spot on Mr rufai.
Re: Nasir El-rufai On Barth Nnaji's Resignation by klax(m): 12:35pm On Aug 30, 2012
El Rufai! El Rufai!! El Rufai!!! how many time do I called you? For the first time I knew you you talk like a normal person this is a surprise I pray you dont wake up tomorrow and say that is not what you actually want to say.

You would have won the heart of so many if you have be talking like this rather than be destructive and chaotic in your argument and utterances, well i'm waiting to read your next speech if you will not dissappoint me again.

1 Like

Re: Nasir El-rufai On Barth Nnaji's Resignation by alaoeri: 12:36pm On Aug 30, 2012
Well said guess this how mallam supposed to be reasoning without bias.
Re: Nasir El-rufai On Barth Nnaji's Resignation by miteolu(m): 12:36pm On Aug 30, 2012
This hEll - ruffian always on opposite direction.
Re: Nasir El-rufai On Barth Nnaji's Resignation by IleIfe2(m): 12:36pm On Aug 30, 2012
sojjy: El-rufai argues fine,no sentiment,no bias.Mallam is a man I would love to see occupying the post of president in Nigeria.He's a true Nigerian that really want the best for his dearest country.

Please..... undecided undecided The guy is like balotelli, he might sound reasonable today and tomorrow morning talk like a bitter bias tribal partisan douche-bag. he is unpredictable. he will be a dictator and undemocratic if he is privileged to lead Nigeria. he will do well in a post where he is set loose to do whatever he likes.

2 Likes

Re: Nasir El-rufai On Barth Nnaji's Resignation by Nobody: 12:37pm On Aug 30, 2012
This is the intelligent and reasonable mallam talking unlike the bigoted duck I use to know. If all opposition comments are like this I don‘t think we would be having problem in this country. All thesame kudos to the genuine and reasonable el Rufai.
Re: Nasir El-rufai On Barth Nnaji's Resignation by DonHummer(m): 12:37pm On Aug 30, 2012
When politicians talk
i dnt giv a fork

1 Like

Re: Nasir El-rufai On Barth Nnaji's Resignation by Nobody: 12:37pm On Aug 30, 2012
ndu_chucks: Mallam El-Rufai, missed the involvement of Mr. President in this scandal, like most people. He missed the following, buried in published reports:

The red text above must be the real reason why Nnaji left his position abruptly. The President himself was going to benefit from the deal because Nnaji's company was buying shares for the President. When that fact was exposed, Nnaji had to be sacrifised, if not GEJ himself would have been in big soup.

Bunch of Barawos. These people act as if there are no real people behind blind trusts, thieves hiding behind proxies.
Always read with a view to understanding and not with a view to passing judgement. What that clause implied was that PHCN workers were accusing Nnaji of being a proxy of GEJ and buying shares for him, a situation that made him decide to resign so people will not bring mud on the name of the President and the reform process. Please endeavor to read and understand. Go and sin no more. I forgive today.

4 Likes

Re: Nasir El-rufai On Barth Nnaji's Resignation by DonHummer(m): 12:37pm On Aug 30, 2012
When politicians talk
i dnt giv a furk

1 Like

Re: Nasir El-rufai On Barth Nnaji's Resignation by DICKtator: 12:38pm On Aug 30, 2012
ndu_chucks: Mallam El-Rufai, missed the involvement of Mr. President in this scandal, like most people. He missed the following, buried in published reports:



The red text above must be the real reason why Nnaji left his position abruptly. The President himself was going to benefit from the deal because Nnaji's company was buying shares for the President. When that fact was exposed, Nnaji had to be sacrifised, if not GEJ himself would have been in big soup.

Bunch of Barawos. These people act as if there are no real people behind blind trusts, thieves hiding behind proxies.

Dude , you are the first person to pin-point this. i have also been wondering whether what i read was what it was. As in the president had(?) interest in the bid and Barth Nnaji was the sacrificial lamb? This means that he obviously left for his selfish interest.(Don't blame him though, all humans are selfish by nature. phuck patriotism. My pocket comes first as long as it is legitimate and there is/are no conflict of interest).
grin grin grin grin
Re: Nasir El-rufai On Barth Nnaji's Resignation by Nobody: 12:40pm On Aug 30, 2012
For the first time Hell-Rufai, agree that we are on course and laments that Nnaji was a good minister but contravene an NCP regulation. Hell-Rufai you are my hero for today. Repent and sin no more. Twitter should not turn you to a permanent mad man.
Re: Nasir El-rufai On Barth Nnaji's Resignation by Beaf1: 12:40pm On Aug 30, 2012
binger: This is the best/only good comment the mallam(cattle rearer) has made on national issues ever since GEJ came into power

^
If he is a cattle rearer what are you? a palmwine tapper, motor spare part retailer or ogogoro dealer?

1 Like

Re: Nasir El-rufai On Barth Nnaji's Resignation by Nobody: 12:44pm On Aug 30, 2012
sojjy: El-rufai argues fine,no sentiment,no bias.Mallam is a man I would love to see occupying the post of president in Nigeria.He's a true Nigerian that really want the best for his dearest country.
eh! You say wetin? Please I beg you withdraw that statement of yours with immediate alacrity! President ke? For wetin nau? E no fit happen o!
Re: Nasir El-rufai On Barth Nnaji's Resignation by Nobody: 12:46pm On Aug 30, 2012
A̶̲̥̅̊¿¿ naija news sef dun taya me... A̶̲̥̅̊¿¿ !
Re: Nasir El-rufai On Barth Nnaji's Resignation by PapaBrowne(m): 12:49pm On Aug 30, 2012
For the first time in three years, El Rufai makes a little sense!!

2 Likes

Re: Nasir El-rufai On Barth Nnaji's Resignation by Obinoscopy(m): 12:51pm On Aug 30, 2012
This is unlike El Rufai. I used to see him as a opportunistic politician who sees everything bad in the present government. I guess I was wrong. My respect for him has definately increased
Re: Nasir El-rufai On Barth Nnaji's Resignation by Dondbuzor: 12:51pm On Aug 30, 2012
For d first time, elrufai is making sensible staþement
Re: Nasir El-rufai On Barth Nnaji's Resignation by Elueme: 12:53pm On Aug 30, 2012
So elrufai has chosen to make sense nd stopped being stuupid... This one na slow motion, action go soon resume.. Shameless goon.
Re: Nasir El-rufai On Barth Nnaji's Resignation by GogobiriLalas: 1:00pm On Aug 30, 2012
This is my minister in whom i am well pleased, hear ye him
Re: Nasir El-rufai On Barth Nnaji's Resignation by killuminati(m): 1:03pm On Aug 30, 2012
binger: This is the best/only good comment the mallam(cattle rearer) has made on national issues ever since GEJ came into power
gringringringrin ah omo una no go kill pesin for hia oneday Ooo!

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