Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,785 members, 7,820,751 topics. Date: Tuesday, 07 May 2024 at 08:47 PM

Atiku Explains His Privatisation Plan, Under Buhari, NNPC MD Gave $25bn Contract - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Atiku Explains His Privatisation Plan, Under Buhari, NNPC MD Gave $25bn Contract (408 Views)

Mele Kyari, NNPC MD, Not Fired / Remi Tinubu Was Not in Tinubus Meeting With CBN Governor & NNPC MD (Pics,video ) / Buhari, NNPC Are The 'Market Forces' Manipulating Fuel Price Increase– Afenifere (2) (3) (4)

(1) (Reply) (Go Down)

Atiku Explains His Privatisation Plan, Under Buhari, NNPC MD Gave $25bn Contract by flokidilothbrok: 7:37pm On Jan 30, 2019
The People s Democratic Party (PDP) presidential candidate, Atiku Abubakar, on Wednesday assured that his government would create wealth for women and youths through Small and Medium Enterprises (SMEs) and privatization.


Reiterating his plan to privatise the Nigeria National Petroleum Company (NNPC), Atiku lamented that the Managing Director, Maikanti Baru, “unilaterally awarded” a $25bn under President Muhammadu Buhari led All Progressives Congress (APC) government.

Atiku spoke at the Lagos Island Club Quarterly Business Lecture.


In attendance were former President Olusegun Obasanjo, DG of the PDP presidential campaign, Bukola Saraki, national chairman of the PDP, Uche Secondus, among others.

Atiku on the power of SMEs stated: “80% of loans should go to women. We have moved 45,000 families out of poverty in my area. With small loans (N200,000), and we have a 98% recovery rate.”

“We will assist the SMEs to grow bigger and to be more productive. As we all know, small businesses offer the greatest opportunities for achieving inclusive, pro-poor growth, through increased self-employment.”


On privatization, he said: “The NNPC head in 2017, gave a contract of $25bn, without going through due process.

“If the organization is privatized, this will not be the case, since the organization would be profit-oriented and efficient. We will liberalize the economic space and privatize all ailing enterprises.

“In particular, the Atiku Plan will undertake a deregulation of the downstream sector of the economy, review the petroleum industrial bill and privatize all four state refineries that operate at only 10% of their installed capacities.

“We shall channel the proceeds from the privatization into a special fund for the development of education and health for Nigerians.

“Our privatization plan allows for sales of NNPC shares to Nigerians, on the Nigeria stock exchange, so that Nigerians can benefit when the company is resuscitated.”

Source : http://dailypost.ng/2019/01/30/atiku-explains-privatisation-plan-says-buhari-nnpc-md-awarded-25bn-contract/

Re: Atiku Explains His Privatisation Plan, Under Buhari, NNPC MD Gave $25bn Contract by Nobody: 7:46pm On Jan 30, 2019
What pains the most is that zombies will rush here and start making a yell of noise saying atiku will sell NNPC for his own personal interest.. They won't take there time to reason and think about what our incoming President atiku abubakar has said
oya zoombies take this

Re: Atiku Explains His Privatisation Plan, Under Buhari, NNPC MD Gave $25bn Contract by Kingsleydr(m): 7:47pm On Jan 30, 2019
Re: Atiku Explains His Privatisation Plan, Under Buhari, NNPC MD Gave $25bn Contract by Kingsleydr(m): 7:49pm On Jan 30, 2019
kingemzy5:
What pains the most is that zombies will rush here and start making a yell of noise saying atiku will sell NNPC for his own personal interest.. They won't take there time to reason and think about what our incoming President atiku abubakar has said
oya zoombies take this
He's already your president, president of the wailers republic of biafra .
Re: Atiku Explains His Privatisation Plan, Under Buhari, NNPC MD Gave $25bn Contract by samlake(m): 7:51pm On Jan 30, 2019
He should also reduce the price of petrol...
Re: Atiku Explains His Privatisation Plan, Under Buhari, NNPC MD Gave $25bn Contract by Nobody: 7:54pm On Jan 30, 2019
Kingsleydr:

He's already your president, president of the wailers republic of biafra .
Even if sense is expensive where were you when JUMIA was doing giveaway prices
Re: Atiku Explains His Privatisation Plan, Under Buhari, NNPC MD Gave $25bn Contract by Kingsleydr(m): 8:01pm On Jan 30, 2019
kingemzy5:
author=Kingsleydr post=75268575]
He's already your president, president of the wailers republic of biafra .

Even if sense is expensive... where we're you when JUMIA was doing the November giveaway undecided undecided undecided

Ode , you can't even simply quote a post without error. Shows the kind of IQ you and your Atiku supporters posses. ... dum* fuc**

(1) (Reply)

My Supporters And I Won’t Attend APC Rally In Zamfara – Marafa / Ikpeazu, Chinedu Orji Plot To Assassinate Ogah, AYC Alleges / Peter Obi Will Succeed Atiku As Nigerian President — Obaze

(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. 13
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.