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Lawyer Begs Court To Stop National Assets Sale - Politics - Nairaland

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Lawyer Begs Court To Stop National Assets Sale by gevisaf: 2:52pm On Oct 30, 2016
A Lagos-based lawyer, Kabir Akingbolu, has urged a Federal High Court in Lagos to perpetually restrain President Muhammadu Buhari from executing his proposed plan to sell some national assets as a measure to tackle the economic doldrums in the country.
The lawyer said in his suit that Buhari planned to sell national assets such as the Nigeria Liquefied Natural Gas Ltd, the Nigerian National Petroleum Corporation, the Port Harcourt Refining Group Ltd, the Kaduna Refining Group Ltd, the Warri Refining and Petrochemical Ltd, the Africa Finance Corporation, the East West Rail Lines and the West African Gas Pipelines.

He, however, argued that the plan to sell the national assets was contravened the Public Enterprises (Privatisation and Commercial) Act 1999, particularly Section 1 (1)(2)(3) of the Act.

Akingbolu said Buhari had by his plan to sell the national assets admitted his failure and lack of ideas to deliver the country from the present economic and political doldrums.

Describing the national assets as the golden eggs and national heritage of the country, which formed a formidable base for Nigeria’s economic and social security, Akingbolu urged the court to stop Buhari before he dissipated them.

Joined in the suit as the 2nd defendant is the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN).
The plaintiff claimed that if Buhari was allowed to sell the national assets, the nation would be plunged into deeper economic and political woes.
The lawyer said, “Over the years, successive governments have sold off some of the national heritage in the name of privatisation by alleging that same will bring more economic gain to the nation, however the reverse has been the case.

Read More: http://nigeriacurator.com/2016/10/30/lawyer-begs-court-to-stop-national-assets-sale/
Re: Lawyer Begs Court To Stop National Assets Sale by ChimaAdeoye: 2:56pm On Oct 30, 2016
[size=13pt]This lawyer perhaps merits to be the most patriotic Nigerian citizen in a long time.

Nigerians talk and go home to sit and do nothing. That is why our government always take us for a ride. This lawyer is at least taking some steps.
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Re: Lawyer Begs Court To Stop National Assets Sale by limeta(f): 4:36pm On Oct 30, 2016
That,s the western world advice to buhari sell and enslave yr people.
Black man and backwardness.
Go see the reason behind the somali pirates been air on aljazeera .

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