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How OBJ And Atiku Turned Nigeria Into World Poverty Capital - Politics - Nairaland

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How OBJ And Atiku Turned Nigeria Into World Poverty Capital by omoalaro: 12:12am On Oct 23, 2018
1. This news report says, "900 PENSIONERS OF FORMER NIGERIA AIRWAYS HAVE DIED WAITING FOR GRATUITIES." ATIKU & OBJ, out of desperation to achieve personal gains offloaded these people and many others without paying a dime as severance. https:///dlg2ZfbvLw via @Nigerdel Stars
2. Do you know these companies, partly or fully owned by the Federal Government of Nigeria before @ATIKU happened have thousands of Nigerians in its employment? Till date nobody is asking what became of them.
1. NIGER DOCK
2. FESTAC HOTEL, Now Golden Tulip
3. DURBAR HOTEL, KADUNA
4. Nigeria Re-Insurance
5. Nigeria Truck Manufacturing
6. Electricity Meter Zaria
7. Sheraton Hotel & Towers
8. Ashaka Cement
9. Iwopin Pulp & Paper
10. Lagos Intl Trade Fair
11. Stallion Properties & Devt
12. Anambra Motor Manufacturing
13. LEYLAND
14. Nigerian Machine Tools Ltd
15. Nigeria Romania Wood Industry
16. Nigeria Unity Line
17. Peugeot Automobile
18. Steyr Nigeria Ltd
I shall present specific cases of how thousands were thrown out of jobs to make a few billionaire. I encourage those who have contrary information to feel free to contradict me.
HOW ATIKU MADE NIGERIA THE POVERTY CAPITAL OF THE WORLD:
A. NigerDock is the largest ship fabrication yard in West Africa sub region. When it was sold, its Ex-MD Engr. Nkpubre Okon, openly stated how "Mr Job Creator" ignored the Transport Ministry then to Open bid for NigerDock.
The VP's camp preferred bidder, 'Global Energy' that agreed to increase NigerDock's workforce from 4,800 to 6,000 as part of privatization agreement dismissed 2,200 immediately it took ownership. Jagal Group that took over after Global Energy lost out on power play sacked 1,400.
B. Nigeria Port Authority reform was purely contrived to grab landed properties. 10,000 workers were sacked & 133 bids opened for NPA properties consisting of 68 properties in Apapa, 28 houses in Ikoyi. The highest reserves bid was for a property in Ikoyi fixed at N390.4 Million.
C. NIGERIA RAILWAY
Did @atiku forget how 7000 railway workers were sacked in 2005 without compensation to reduce its workforce to 6,300? Another 1,260 were fired in 2006. When ATIKU and his Headmaster were leaving in 2007, they left ~N5 Billion in unpaid Railway pension arrears.
D. FEDERAL SECRETARIAT IKOYI
In 2006, Babalakin's Resort Ltd acquired this 15 storeys prime asset overgrown with weeds from @atiku and OBJ through a Development Lease Agreement (DLA) for N7.2Billion. A Court has asked Buhari to pay N54 Billion to Babalakin for their blunder. https:///cD7bTBBD6f
The DLA, dated October 10, 2006, granted Resort Ltd a 99-years lease to redevelop the Federal Secretariat complex, that OBJ & ATIKU had abandoned for 7 years into 480 luxury apartments. This was at the eve of their departure from government. The transaction was one for the road.
The DLA hit the rocks when Lagos State Govt in the interest of the public indicated willingness in acquiring the Federal Secretariat complex. LASG insisted it should be accorded right of first refusal since LASG is the Issuing Authority of the C of O, coupled with other reasons.
Finally, lets compare OBJ & @atiku's first 3yrs in power to the first 3yrs of PMB that hasn't retrenched one civil servant, but has bailed out states on salaries. Lets not forget Atiku was in charge of the economy and OBJ gave him free hand until Galaxy Backbone scandal happened.
In 2002, first 3yrs of the ENDORSEE and the ENDORSER, manufacturing accounts for 6% of GDP. Nigeria's GDP fell by half for d first time in 20yrs. This was d year all textile factories in Nigeria closed down and unemployment was 28% within d formal sector alone; I repeat, alone!!
In 2002, UN estimated that 70% of Nigerians live below poverty line compared to 48.5% in 1998 under a military rule. Life expectancy fell from 54yrs to 51yrs. Two-fifth of every child below age 5 were malnourished and only 50% of d 128Million Nigerians have access to clean water.

2 Likes

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by obasiken: 12:27am On Oct 23, 2018
Trash

6 Likes 1 Share

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by NaijaRoyalty(m): 12:31am On Oct 23, 2018
Loads of Rubbish

6 Likes 1 Share

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by HARDDON: 12:37am On Oct 23, 2018
Mud sling cheesy

Drowning men looking for who to drag along

6 Likes 1 Share

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by MYHUBBY: 12:42am On Oct 23, 2018
Buhari unserious corruption fighter for not jailing OBJ, Atiku and gej

3 Likes

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by sykeng(m): 12:47am On Oct 23, 2018
they have tested power but can not campaign with any achievement, convince the electorate by telling them what you have done not calling someone thief because you all are thieves, but a thief with good brain is what we need now not a lifeless thief.

5 Likes

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by KanwuliaMama: 1:03am On Oct 23, 2018
Sooooo, wetin EFCC dey wait for? grin
Dem nor know dem mates? undecided

2 Likes

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by Smarttravels(f): 1:52am On Oct 23, 2018
[quote author=HARDDON post=72330682]Mud sling cheesy

Drowning men looking for who to drag along[/quote ] why don't you go online and research all these claims. were probably too young to know for certain how this country was raped. But as a millennial you have the power of internet. Use it
Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by mendii(m): 2:01am On Oct 23, 2018
mtcheew campaign speech,but at least dae brought telephone,a very good development at that point in time




what about dauran number 1 citizen,he brought nothing but herdsmen and debt



#dauramustgo


#imustatikulate

3 Likes

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by udemzyudex(m): 4:25am On Oct 23, 2018
All this post to rubbish Atiku shows how stup1d those in APC are.
This person was in your party, he help Buhari fund his election campaign and also allow him to use his jet.

He wasn't a thief when he was doing all this, immediately he became the PDP presidential candidate everything turn upside down.

Buhari is the commander in chief of all the arm forces in Nigeria, what's stopping him from ordering his arrest if truly he has committed all this corruption crime labeled against him?

6 Likes

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by Kingspin(m): 4:27am On Oct 23, 2018
Simply go and sit down.

2 Likes

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by Wiseandtrue(f): 4:35am On Oct 23, 2018
Politicians are are corrupt! But their reigns are better than some!

Buhari is also VERY corrupt and a bad manager at that undecided

So comparing any leaders regime to that of Buhari is like comparing light to darkness!

Even Abacha's regime was not this bad with all the monies he looted!

If you talk say him dey work, it will be evident in the lives of the masses nau undecided

ABI when Fashola was working in Lagos, despite media buhaha didn't we Lagosians see his handiwork

Abeg Buhari should go and rest in Daura or wherever he has other properties if not come 2019, he will be floored aswear!

[img]https://i./3NnVb.gif[/img]

5 Likes

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by Nemesis001: 5:05am On Oct 23, 2018
omoalaro:
1. This news report says, "900 PENSIONERS OF FORMER NIGERIA AIRWAYS HAVE DIED WAITING FOR GRATUITIES." ATIKU & OBJ, out of desperation to achieve personal gains offloaded these people and many others without paying a dime as severance. https:///dlg2ZfbvLw via @Nigerdel Stars
2. Do you know these companies, partly or fully owned by the Federal Government of Nigeria before @ATIKU happened have thousands of Nigerians in its employment? Till date nobody is asking what became of them.
1. NIGER DOCK
2. FESTAC HOTEL, Now Golden Tulip
3. DURBAR HOTEL, KADUNA
4. Nigeria Re-Insurance
5. Nigeria Truck Manufacturing
6. Electricity Meter Zaria
7. Sheraton Hotel & Towers
8. Ashaka Cement
9. Iwopin Pulp & Paper
10. Lagos Intl Trade Fair
11. Stallion Properties & Devt
12. Anambra Motor Manufacturing
13. LEYLAND
14. Nigerian Machine Tools Ltd
15. Nigeria Romania Wood Industry
16. Nigeria Unity Line
17. Peugeot Automobile
18. Steyr Nigeria Ltd
I shall present specific cases of how thousands were thrown out of jobs to make a few billionaire. I encourage those who have contrary information to feel free to contradict me.
HOW ATIKU MADE NIGERIA THE POVERTY CAPITAL OF THE WORLD:
A. NigerDock is the largest ship fabrication yard in West Africa sub region. When it was sold, its Ex-MD Engr. Nkpubre Okon, openly stated how "Mr Job Creator" ignored the Transport Ministry then to Open bid for NigerDock.
The VP's camp preferred bidder, 'Global Energy' that agreed to increase NigerDock's workforce from 4,800 to 6,000 as part of privatization agreement dismissed 2,200 immediately it took ownership. Jagal Group that took over after Global Energy lost out on power play sacked 1,400.
B. Nigeria Port Authority reform was purely contrived to grab landed properties. 10,000 workers were sacked & 133 bids opened for NPA properties consisting of 68 properties in Apapa, 28 houses in Ikoyi. The highest reserves bid was for a property in Ikoyi fixed at N390.4 Million.
C. NIGERIA RAILWAY
Did @atiku forget how 7000 railway workers were sacked in 2005 without compensation to reduce its workforce to 6,300? Another 1,260 were fired in 2006. When ATIKU and his Headmaster were leaving in 2007, they left ~N5 Billion in unpaid Railway pension arrears.
D. FEDERAL SECRETARIAT IKOYI
In 2006, Babalakin's Resort Ltd acquired this 15 storeys prime asset overgrown with weeds from @atiku and OBJ through a Development Lease Agreement (DLA) for N7.2Billion. A Court has asked Buhari to pay N54 Billion to Babalakin for their blunder. https:///cD7bTBBD6f
The DLA, dated October 10, 2006, granted Resort Ltd a 99-years lease to redevelop the Federal Secretariat complex, that OBJ & ATIKU had abandoned for 7 years into 480 luxury apartments. This was at the eve of their departure from government. The transaction was one for the road.
The DLA hit the rocks when Lagos State Govt in the interest of the public indicated willingness in acquiring the Federal Secretariat complex. LASG insisted it should be accorded right of first refusal since LASG is the Issuing Authority of the C of O, coupled with other reasons.
Finally, lets compare OBJ & @atiku's first 3yrs in power to the first 3yrs of PMB that hasn't retrenched one civil servant, but has bailed out states on salaries. Lets not forget Atiku was in charge of the economy and OBJ gave him free hand until Galaxy Backbone scandal happened.
In 2002, first 3yrs of the ENDORSEE and the ENDORSER, manufacturing accounts for 6% of GDP. Nigeria's GDP fell by half for d first time in 20yrs. This was d year all textile factories in Nigeria closed down and unemployment was 28% within d formal sector alone; I repeat, alone!!
In 2002, UN estimated that 70% of Nigerians live below poverty line compared to 48.5% in 1998 under a military rule. Life expectancy fell from 54yrs to 51yrs. Two-fifth of every child below age 5 were malnourished and only 50% of d 128Million Nigerians have access to clean water.

Oh! So it's no longer GEJ that spoiled the country, it's now OBJ and Atiku. grin


Confused Apc supporters.

4 Likes

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by SarkinYarki: 5:38am On Oct 23, 2018
Trash .... Buhari refused to to choose ministers for over six months , then heats up the oil producing region at a time when oil prices are low , then increase electricity rate of and petrol price at the same time putting immense pressure on small businesses , fines MTN shocking 5 billion dollars starting chain reaction of capital flight and slowing up FDI , Implements TSA in blanket fashion against the advise of professionals and immediately destabilizes all Nigerian banks over night putting pressure on financial services, Implements over 100 percent tarriff across board over night immediately putting more pressure on the weakening purchasing power of Nigerians, allow Fulani commandoes to start carrying out powerful raid on Northern and middelbelt farmers which immediately put more pressure on the food supply chain , then increases Tarriffs on antimalarials there by incapacitating more Nigerians with malaria and reducing productivity by another 20 percent .


After all these you want to blame someone else for your recession ..Buhari you are bastard

7 Likes 1 Share

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by blujoi(m): 5:46am On Oct 23, 2018
I am replying this op, not because anyone is bothered by these antics, but for the sake of a few who would like to get a different perspective to this story.
You see these companies listed here were part of the privatization programme initiated by then Obj government, where it was agreed that the FG were involved in too many businesses which were not making money for the FG instead were adding to the cost of governance, so a decision was made to divest and sell these assets through the BPE of which fell under Atiku’s portfolio as the then VP.

A portfolio that was assigned to him by the President. Several of these assets were sold off and also many more government assets were monetized. Of course many in government who had the resources keyed in and took over these assets. For someone to now use this as part of a smear campaign against Atiku is just a display of dementia.

The question reasonable people have asked and are still asking, why were all these not dug up when this same Atiku was sponsoring APC and helped PMB to win? What are those PMB achievements that you can point out that will sway us to vote for him a second term?

If you could spend more energy to point out the positives of PMB’s administration rather than this smear campaigns I bet you it would be more beneficial.

3 Likes

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by FearGodinall: 6:29am On Oct 23, 2018
They should continue this way to display their stupidity and crash ignorance. Confused apc morons tell Nigerians why your dummy lifeless kunu shiping idiot should be giving another four years to be wasted after making Nigeria the new capital of poverty.

1 Like

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by omoalaro: 6:58am On Oct 23, 2018
This write up is in order. It is to remind people that the decision taken by OBJ and Atiku during their first coming led to massive job losses. Thousands of people thrown out of job were not even paid their gratuities and pension until recently when current government started paying.
I remember Oku iboku paper mill, Iwopin paper mill, Jebba paper mill and Bacita sugar factory. All were sold to incompetent friends of government who have not been able to run them at give away prices.
Atiku should stop presenting himself as one super job creator. These are hard facts but young people on this platform do not know and those who know but have forgotten should be reminded.
Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by Nobody: 7:03am On Oct 23, 2018
Afonjas and bad belle. Very useless people that should live on their own. They are not supposed to live with other tribes. Too much deceit and treachery oozing out of their every move.

1 Like

Re: How OBJ And Atiku Turned Nigeria Into World Poverty Capital by omoalaro: 7:25am On Oct 24, 2018
Can we still remember this scenario where job applicants were duped and no was given job ? History will never be kind to PDP 16 years of reign in Nigeria.
PDP == 2014 Immigration recruitment Application fee was N1000
Total money extorted: N676,675,000
No. of deaths: 20
Injuries: 17
No. of jobs given: 0
This people deceiving people, papa deceive pikin must not be allowed again in Nigeria again , they are more than hazardous to Nigerians .
Let's join hands together and endorse the continuity of revamping Nigeria.

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