Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,235 members, 7,818,783 topics. Date: Monday, 06 May 2024 at 03:11 AM

ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea (1192 Views)

Buhari’s ‘next Level’ Policy Is ‘poverty Forever And Atiku's Policy Is Looting / 2019 Poll: Anxiety In PDP As Atiku’s Policy Plan Extends To Second Term / Atiku’s Policy Document: Privatise NNPC , Raise GDP To $900bn, Cut Taxes… (2) (3) (4)

(1) (Reply) (Go Down)

ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by tandoe: 5:12pm On Nov 18, 2018
The former vice-president also plans to sell all four national refineries, and cut corporate income tax to be one of the lowest in Africa.
According to the Atiku Abubakar policy document seen by TheCable, the 71-year-old plans to create three million jobs per year.
The policy document was put together with a major delivery timeline of 2019 to 2025.
Atiku also plans to raise Nigeria’s gross domestic product (GDP) by almost 90 percent to $900 billion by 2025.
“The State’s critical policy priority is to build a broadbased, dynamic and competitive economy with a GDP of US$900 billion by 2025,” the policy document read.
The former customs boss also proposes to raise foreign direct investment (FDI) to 2.5 percent of GDP.
“Working towards achieving the LOWEST corporate income tax rate in Africa; Strengthening the credit guarantee initiatives of Infra-Credit by substantially increasing its capital base; Lower transaction costs: capital
gains taxes etc.”
Other items on Atiku’s plan include, building 5,000 kilometres of roads, and 5,000 kilometres of modern railway.
The plan is built on four cardinal points: jobs, infrastructure, poverty eradication, and human capital development.
The Atiku policy document also seeks to “improve spending efficiency of the federal government and drastically reduce the share of recurrent revenue in the budget from 70% to 35% by 2025”.
According wthe document, Atiku also seeks to implement the petroleum industry bill, ensure Nigeria refines over one million barrels of oil per day, and generate 20,000 megawatts of power by 2025.
Via a combination of policies, the former vice-president also seeks to lift 50 million Nigerians out of poverty, by 2025.
“Poverty does not simply have one solution; rather it requires the concerted application of many solutions,” Atiku said.
“Nigeria has vast natural resources, but our challenge remains harnessing these resources for the greatest good”.

source:
https://www.thecable.ng/just-in-privatise-nnpc-raise-gdp-to-900bn-cut-taxes-atikus-policy-document

Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by alexhl(m): 5:40pm On Nov 18, 2018
Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by mekaboy(m): 5:42pm On Nov 18, 2018
NNPC was more accountable under GEJ, today there is no transparency. It's run like a bank for the presidency.

Let it be sold. So that the private sector can be fully involved in oil and Gas and not just a few .

2 Likes

Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by tandoe: 6:08pm On Nov 18, 2018
What of in case of petrol scarcity who do we turn to
Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by alexhl(m): 6:19pm On Nov 18, 2018
mekaboy:
NNPC was more accountable under GEJ, today there is no transparency. It's run like a bank for the presidency.

Let it be sold. So that the private sector can be fully involved in oil and Gas and not just a few .

Keep lying to yourself. Sanusi exposed a missing $40 billion under the same Jonathan.

2 Likes

Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by IBBG(m): 6:33pm On Nov 18, 2018
if by privatization he means listing it in the nigerian stock exchange and selling the shares to the public then i'm totally in support of it. But if it is to private indivuduals without going public, then its a no.
Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by Agritech(m): 6:46pm On Nov 18, 2018
After spending billions of dollars for the election, how will his investment be recouped if he don't acquire NNPC.

1 Like

Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by mekaboy(m): 6:54pm On Nov 18, 2018
alexhl:


Keep lying to yourself. Sanusi exposed a missing $40 billion under the same Jonathan.

And buhari the anti-corruption man, has refused to find it?

1 Like

Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by alexhl(m): 7:02pm On Nov 18, 2018
mekaboy:


And buhari the anti-corruption man, has refused to find it?

Ordinary Dasuki loot, PDP looters are the whole world and crying wolf.

There is no way for Atikulooters.

2 Likes

Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by alexhl(m): 7:04pm On Nov 18, 2018
www.nairaland.com/attachments/8163815_fbimg1542551964475_jpeg09014ce84e48f54fa136048d9497453d

President Buhari should be reelected to move Nigeria forward. The 16 years mess is not fixed in 3.5 years is NOT a reason to bring back those that created the mess to restart their looting spree.

2 Likes

Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by LadyExcellency: 7:10pm On Nov 18, 2018
NNPC is the most corrupt government parastatal in the world according to Transparency International

Sell it in New York as a quoted company and see what success story it will be.
Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by Calers: 7:14pm On Nov 18, 2018
Sai baba maigaskiya till 2023
Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by Afamed: 7:15pm On Nov 18, 2018
IBBG:
if by privatization he means listing it in the nigerian stock exchange and selling the shares to the public then i'm totally in support of it. But if it is to private indivuduals without going public, then its a no.
Atiku definition of privatization is selling it to his cronies in PDP just as NEPA was sold to PDP during the last administration. Perhaps Atiku will sell the NNPC to himself through proxy. He did that when Nitel was sold. His first mission is to regroup the Billions he spent during the PDP Presidential primary in Rivers. No to Atikulooting

1 Like

Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by richidinho(m): 7:21pm On Nov 18, 2018
alexhl:
www.nairaland.com/attachments/8163815_fbimg1542551964475_jpeg09014ce84e48f54fa136048d9497453d

President Buhari should be reelected to move Nigeria forward. The 16 years mess is not fixed in 3.5 years is NOT a reason to bring back those that created the mess to restart their looting spree.
this thread is for intelletuals not propagandist, we are here to brainstorm for the good of our children
Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by richidinho(m): 7:28pm On Nov 18, 2018
Afamed:

Atiku definition of privatization is selling it to his cronies in PDP just as NEPA was sold to PDP during the last administration. Perhaps Atiku will sell the NNPC to himself through proxy. He did that when Nitel was sold. His first mission is to regroup the Billions he spent during the PDP Presidential primary in Rivers. No to Atikulooting

Nitel gave way for MTN, GLO, 9MOBILE and others

In your own unbiased assessment which of them has created up to 3million direct and indirect employment to Nigerians?
Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by onez: 7:42pm On Nov 18, 2018
We thank God for Mr Atiku at this point in our national life. Somebody is coming into government prepared. I keep asking people, will you in all honesty keep your own loss making private business?.
Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by henchamb(m): 7:54pm On Nov 18, 2018
Bogus plan
Currently we have 7000 MW
APC added 3k mw IN 3 years and promises to add another 4k mw in next 4yrs.

Atiku promised to increase it from 7k mw to 25k mw in 4 years.
The same Atiku and pdp spent 16 billion USD yet no single MW Was added.
How do they intend to increase energy from 7k to 25k

1 Like

Re: ATIKU'S POLICY DOCUMENT ANALIZED: To Sell NNPC Good Or Bad Idea by udemzyudex(m): 8:04pm On Nov 18, 2018
henchamb:
Bogus plan
Currently we have 7000 MW
APC added 3k mw IN 3 years and promises to add another 4k mw in next 4yrs.

Atiku promised to increase it from 7k mw to 25k mw in 4 years.
The same Atiku and pdp spent 16 billion USD yet no single MW Was added.
How do they intend to increase energy from 7k to 25k

Sometimes you just have to do some research on your own, you don't have to keep swallowing everything you read on nairaland here.

How many power station has Buhari built?

(1) (Reply)

Supreme Court Reinstates Injunction Order Against Rivers APC Congresses / Akwa Ibom: Governor Emmanuel Delivers His LGA To PDP / Zamfara: Appeal Did Not Give Positive Consequence; APC Counsel Dries INEC

(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. 23
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.