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Atiku And The Fate Of National Assets - Politics - Nairaland

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Fate Of 7 Governors Uncertain / Atiku To Buhari: Selling National Assets To Fund Budget Shows Irresponsibility / Pictures Of Buhari, Atiku And Ortom Crying For Nigeria. #Weeping Politicians (2) (3) (4)

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Atiku And The Fate Of National Assets by 4BETA9JA: 10:35am On Feb 22, 2019
The Return Of The Good Old Days

What could have placated Chief Olusegun Obasanjo to make former vice President Abubakar Atiku his choice among the numbers of the presidential candidates? Former President Olusegun Obasanjo did betray his own “oath of penance” where he said “God will not forgive him if he should forgive Atiku”. Yet, few months afterwards, all has changed. God is love, but He honours His word more than His name. But, can we take our leaders by their words?

Let’s Learn From History

Alhaji Abubakar Atiku is the unlikely candidate that Obasanjo will anoint to lead the country. But there were instances where the two speaks in one voice: and friendship chord can only be strung afresh where certain “common interest” of the parties involved is agreed to. Let’s go back memo lane and see where both spoke in one voice. But is it a voice for the good of the common man, who are in majority among the electorate?


Privatization: Atiku Predict extinction of parastatals by 2008

Vice president Atiku Abubakar today in Abuja predicted the extinction of parastatal establishments in the next five years. Receiving members of his 2003 presidential election team, Abubakar said “Federal government is divesting and after divesting there will be nothing left to do except to be one big regulator of the private sector”

The Guardian, Oct. 3, 2003.


Now if you've been following the news, these are friends, finding themselves at the topmost echelon of the state. If the good old days returns and one vow to sell NNPC to enrich his friends the more, aren't we having the future buyers of NNPC supporting the future seller on the platter of friendship with benefits? Since there is nothing incriminating in “buying and selling” as long as it follows the legal procedure and 'due process', the point to ponder on is, what happens to the money that accrues to the sales at long run? Yes, we need to worry about that.

Is The Proceed Safe Where The Asset Is Not Safe?

Privatization was OBJ's means of fighting corruption. But this system of fighting corruption equally widens the gap between the poor and the rich and if that does not matter, it also does not matter the poor people should increase in the land and that the country needed not get out of the rot as long as we have some handful capitalists at the helm of affairs.

Since we are moving to free enterprise era, then the poor should fend for themselves. But then the poor could fend for themselves too being conscious and informed, using their ballot paper to decide their fate and not feigning apathy to what is happening around them as if they have no choice. By making no choice, you made a choice.


“Extremes” with Uba-sanjo

Obasanjo, in a life radio and Television interactive programme focusing on the activities of the Bureau of Public Enterprises, said it was manifestly clear that the privatization programme would reduce the spate of corruption in the Public sector.

“One should really pity those that are against privatization because one can even pass them as enemies of the society. I see it (privatization) as another way of reducing access to corruption because it narrows the areas that will be available for corruption”

The Punch, Jan. 14, 2004


However, observe that Buhari administration has not employed “privatization” as a means of fighting corruption. Then since these were the words of the Obasanjo administration, we did see it coming again in the word of Atiku concerning the NNPC. If that’s how God wants it, it should have been possible for the prediction of extinction of parastatal to have come to be, but God is the “God of the poor and the rich”, He earlier put enmity between the duo before the said time, by making their interests to clash perhaps to save the poor and the middle class.

Who will suffer the extinction of our parastatals? In case you intend to analyze what is in privatization for the simple, in common man language, imagine a line in our national anthem: “the labour of our heroes past shall never be in vain”. Selling off the national assets that the heroes past labored for is removing the ancient landmarks that our fathers have set; making the line in our national anthem look like: “The labour of our heroes past shall ever be in vain”. Money can be spent, or stolen, but fixed assets cannot be spent or stolen.

Indeed, our destiny is in our own hands. The narratives that we must privatise national assets for any reason is dictatorship, if not demonic. Moreso, it’s the ultimate mark of failure of the people that has ruled the country down the age, and failure of the elite as well who have been part of the system and also the failure of the black race. Black Africa is peopled with nations who seemingly desire to have no business standing shoulder to shoulder with others races in persistent advancement in the realm of man.

A country needed her own key sectors in her economy to buttress the fulcrum of progress for nationhood, international pride and the wealth of her citizenry. A country needed the wealth at her disposal to fund national programmes, to bring world power to a round table and not be called a shithole country by the leader of another sovereign state; a country needed not be seen as a “banana republic” that sees herself as a “giant”. A country can have her own people to protect and this is the very essence of nationhood. Oshionmole said it then:



“Deregulation is not an alternative to good governance; the state has a duty to protect its citizenry”

Adams Oshiomole,

Punch, Oct. 28, 2003.

Private Sector Participation

Can you prescribe that a woman who has headache should be beheaded to heal her of her headache? Nay, rather, you will prescribe treatment by competent hands that will save the life of the ailing woman. Similarly, there is no need to sell NNPC and pocket a sector with consortium of friends; money is fleeting, but asset remains. Instead, outsource and privatize the easily compromised section of the sector and establish a frugal auditing outfit to monitor the diseased sector back to health.

That in a way enables healthy private sector participation and distribution of wealth among the citizenry. If you rather sell off a sector that you cannot replace, it never makes any economic sense. You can’t solve a problem by the same system that produces the problem. What stops us from licensing private sectors to put additional parastatals in place and overhaul the moribund ones? That is the whole essence of anti-corruption in the first place.

What we needed in this country is change, down to the depth of our character. Change is a mantra. It should find a place in our curriculum to make us more responsible to our commonwealth. If the message will not sink in to the handlers of our polity, we should endeavour to ingrain it in the soul of the next generation, catching them young before the pervasive corruption gets to them. Concluding that this is a failed generation is simply being overwhelmed by the task at hand. Hope is always on the horizon, never give up, Nigeria, go for it.

At the end of the day, it shall be that the electorate voted in frenzy to perpetuate themselves in penury and risk another era of heartache where their shout against the extinctions of parastatals may be deemed the noise of the enemies of the state. Change is very expensive, you don’t make a change and not incur some unforeseen expenses, but if you believe in the change you have made, you must endeavour to make it work.

Change Is Not Cheap, It Can Be Expensive

For those that gave us this change, it is time for them to make it work. Change comes at a costly price, and time brings in rewards of change. It is preposterous to foster change on ourselves and then failed at having faith in the rewards that comes afterwards just because we can’t wait anymore, but the same time would be expended on a fresh beginning elsewhere where the fate of the common masses will be decided by handful friends.

Truly, a people deserve the kind of leaders they get, whoever wins the election tells of the mindset of the majority of the Nigerian electorate, and we can’t beat the reach. Be thoughtful in your choice, forget about cheap vendetta and make your choice count. I am voting to see a change that will take my country to the next level, and I wish to see that day where the country gets it right. It takes process, but the right one, Vote right, be bright.

Vote wisely.

in retrospect

"There is no country in the whole world pursuing total privatisation of every state owned outfits as being practiced by the Federal Government"

Femi Falana, Channels Sunrise, Channels TV.

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Re: Atiku And The Fate Of National Assets by BuhariLooter(m): 10:42am On Feb 22, 2019
Buhari has tried he should drop me at this junction WE are not going to any next level of suffering with the DULARD dictator.WE ARE truly alarmed that any right-thinking, sane human being would actually want Buhari to continue to mis -govern Nigeria for another four years on the spurious claims that he has integrity and he is fighting corruption.
His deranged apologists have even peddled the insane point that he was sent by God to teach us how to live within our means.
Some have even gone to the ridiculous & preposterous extent to say since the Peoples Democratic Party (PDP) ruled for 16 years which they have tagged as “waste” years, the APC must also rule for 16 years, or even more, irrespective of whether the party has proved to be a complete and unmitigated failure or not.Today, WE are torn between satisfaction and despair. Satisfaction that buhari will not be listed in the hall of fame among legends, and despair, that it has cost our nation so much to realise that contrary to all his rebranding, he is not the messiah and that buhari is actually among the litany of problems bedeviling this county. Some of us knew it and shouted ourselves hoarse, warning of the dire consequences and dangers electing Buhari would pose to our unity, but no one listened. And yet again, the merchants of falsehoods and half-truths are in their element, reselling the same counterfeit hero who has already caused much harm to our country.the APC came to power not knowing what they came to do with the power they seek or they just came to power only to tell us that they are scared of the PDP. Either way, they have failed woefully and they MUST be voted out...What is the benefit of NNPC to Niger Delta?
What is the benefit of NNPC to Nigeria as it is operated today and in recent times?The most bastardize oil industry in the world is NNPC
The most corrupt oil sector in the world is NNPC.
The stealing by government officials is second to none anywhere.
The best for NNPC is public-private(shareholders) business run by thirty party a reputable non- government organisation. For check and balance.
The concern for FG should be revenue, and leave experts to run NNPC affair under government supervision.

1 Like

Re: Atiku And The Fate Of National Assets by 4BETA9JA: 10:50am On Feb 22, 2019
BuhariLooter:
Buhari has tried he should drop me at this junction WE are not going to any next level of suffering with the DULARD dictator.WE ARE truly alarmed that any right-thinking, sane human being would actually want Buhari to continue to mis -govern Nigeria for another four years on the spurious claims that he has integrity and he is fighting corruption.
His deranged apologists have even peddled the insane point that he was sent by God to teach us how to live within our means.
Some have even gone to the ridiculous & preposterous extent to say since the Peoples Democratic Party (PDP) ruled for 16 years which they have tagged as “waste” years, the APC must also rule for 16 years, or even more, irrespective of whether the party has proved to be a complete and unmitigated failure or not.Today, WE are torn between satisfaction and despair. Satisfaction that buhari will not be listed in the hall of fame among legends, and despair, that it has cost our nation so much to realise that contrary to all his rebranding, he is not the messiah and that buhari is actually among the litany of problems bedeviling this county. Some of us knew it and shouted ourselves hoarse, warning of the dire consequences and dangers electing Buhari would pose to our unity, but no one listened. And yet again, the merchants of falsehoods and half-truths are in their element, reselling the same counterfeit hero who has already caused much harm to our country.the APC came to power not knowing what they came to do with the power they seek or they just came to power only to tell us that they are scared of the PDP. Either way, they have failed woefully and they MUST be voted out...What is the benefit of NNPC to Niger Delta?
What is the benefit of NNPC to Nigeria as it is operated today and in recent times?The most bastardize oil industry in the world is NNPC
The most corrupt oil sector in the world is NNPC.
The stealing by government officials is second to none anywhere.
The best for NNPC is public-private(shareholders) business run by thirty party a reputable non- government organisation. For check and balance.
The concern for FG should be revenue, and leave experts to run NNPC affair under government supervision.

Please stop the bad blood and put up constructive criticism. Don't be this unhealthy with your argument as it affects your psyche and exposes you to serious underlying health issues.

We can't build a sane country with this mindset. Be matured in your thought with or without people seeing you speak. Assuming you are a leader, is this how you will communicate?

You need change.
Re: Atiku And The Fate Of National Assets by slivertongue: 11:00am On Feb 22, 2019
SAY NO TO NEXT LEVEL OF DECEIT, LIES, PROPAGANDA, INSINCERITY, ECONOMIC LIFELESNESS, INCOMPETENCE, DICTATORSHIP, INSECURITY, HARDSHIP, POVERTY, HUNGER, HEDONISM AND NEPOTISM.

PLEASE LETS JOIN HANDS AND VOTE OUT THIS BLAME-GAME GOVERNMENT FOR THE BETTERMENT OF OUR DEAR COUNTRY NIGERIA.

1 Like

Re: Atiku And The Fate Of National Assets by BuhariLooter(m): 11:02am On Feb 22, 2019
WHAT I WROTE IS FACT BRO...





SELLING IS THE BEST POLICY ANY GOVT SERIOUS SHUOLD UNDERTAKE.






Am very angry now, I dont know why Nigerians love to insult people, how canyou think buharri is lifeless?
He is only BRAIN DEAD.
Re: Atiku And The Fate Of National Assets by pavoda: 11:07am On Feb 22, 2019
Let us not try to make this issue about the PDP.. APC superstar shared the same views

Re: Atiku And The Fate Of National Assets by NothingDoMe: 11:08am On Feb 22, 2019
Same Buhari in desparation has slammed $20b fictitious tax frauds on oil multinationals.

He now sent the NNPC to recover it. Those monies were most likely the backdoor channels which the NNPC gave money to the federal government.

If you see the way those companies take tax very seriously you would think say na them get Nigeria. They are extremely organized and efficient
Re: Atiku And The Fate Of National Assets by yomi961: 11:16am On Feb 22, 2019
BuhariLooter:
Buhari has tried he should drop me at this junction WE are not going to any next level of suffering with the DULARD dictator.WE ARE truly alarmed that any right-thinking, sane human being would actually want Buhari to continue to mis -govern Nigeria for another four years on the spurious claims that he has integrity and he is fighting corruption.
His deranged apologists have even peddled the insane point that he was sent by God to teach us how to live within our means.
Some have even gone to the ridiculous & preposterous extent to say since the Peoples Democratic Party (PDP) ruled for 16 years which they have tagged as “waste” years, the APC must also rule for 16 years, or even more, irrespective of whether the party has proved to be a complete and unmitigated failure or not.Today, WE are torn between satisfaction and despair. Satisfaction that buhari will not be listed in the hall of fame among legends, and despair, that it has cost our nation so much to realise that contrary to all his rebranding, he is not the messiah and that buhari is actually among the litany of problems bedeviling this county. Some of us knew it and shouted ourselves hoarse, warning of the dire consequences and dangers electing Buhari would pose to our unity, but no one listened. And yet again, the merchants of falsehoods and half-truths are in their element, reselling the same counterfeit hero who has already caused much harm to our country.the APC came to power not knowing what they came to do with the power they seek or they just came to power only to tell us that they are scared of the PDP. Either way, they have failed woefully and they MUST be voted out...What is the benefit of NNPC to Niger Delta?
What is the benefit of NNPC to Nigeria as it is operated today and in recent times?The most bastardize oil industry in the world is NNPC
The most corrupt oil sector in the world is NNPC.
The stealing by government officials is second to none anywhere.
The best for NNPC is public-private(shareholders) business run by thirty party a reputable non- government organisation. For check and balance.
The concern for FG should be revenue, and leave experts to run NNPC affair under government supervision.
Re: Atiku And The Fate Of National Assets by 4BETA9JA: 10:08am On Feb 07, 2023
How time flies.

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