helinuesIsaMumu:
What is Osinbajo saying in all these foolery?

Posterity will definitely judge him

dre11:
An investors’ guide invites investors to take advantage of the opportunities available and incentives offered by the government and buy into those businesses.




https://www.premiumtimesng.com/business/business-news/483013-nigerian-govt-outlines-firms-for-sale-concession-full-list.html

God please save us! This people are selling NIGERIA gradually!

helinuesIsaMumu:
What is Osinbajo saying in all these foolery?

You should know that the vice president is powerless under the presidential system of government... Moreso under our own "homegrown version"..

Awon akotileta

dre11:
An investors’ guide invites investors to take advantage of the opportunities available and incentives offered by the government and buy into those businesses.




https://www.premiumtimesng.com/business/business-news/483013-nigerian-govt-outlines-firms-for-sale-concession-full-list.html

This is a Fire Sale, how will successive govts run the country?
Via borrowing? Stop the sale of national assets to cronies.

These entities when sold don't improve the economy but are used to rob citizens of their rights under the constitution.

People shud rather be encouraged to set up companies, not buy up the nations assets.

A good move. Hope it will be done transparently and corruption free

No matter what’s happening in the world, there’s one thing that remains constant –
“ PEOPLE NEED TO EAT ”.

And there’s a lot of money to be made from making food available for people.

This article sheds light on the industry analysis, raw materials, machinery, profitability and cost of setup 20 different food processing businesses that are guaranteed to make you LOTS OF MONEY.

BUSINESSES COVERED INCLUDE:

✔️Rice Production
✔️Cooking Oil Production
✔️Pounded Yam Flour Production
✔️Garri Production
✔️Egg Powder Production
✔️Onion Paste Production
✔️Tomato Paste Production
✔️Margarine Production
✔️and Many More which space does not permit us to list here.

Please visit the website below to read more about the businesses or get the e-book.

munstaqq:
Welcome development!

The government's jobs are to make laws and make the enabling environment for businesses to thrive. The government needs to get out of the way.

Privatizing these lost-making agencies will bring more efficiency and accountability.

However, the government should create a price ceiling for the potential buyers to avoid exploitation.

Below are government owned businesses by the United Kingdom Government.

https://en.wikipedia.org/wiki/State-owned_enterprises_of_the_United_Kingdom

Government owned businesses in Nigeria make losses because ...Nigerians are very wicked people.

Typical example: https://www.nairaland.com/6736501/despite-huge-pay-senators-reps#105505417

Mey una no vex oo,but does the above picture denote the ACTUAL post office in Lekki or is it an annex??Cos if na the main post office be that ehn?? It's mmaaaadd!!!

All this assets needs to be sold to someone who will use it well and maintain it’s facilities like worldwide standard


FG offices are not productive

MFM should buy TBS

orisirisi

Only a dullard will invest millions of dollars into Nigeria with a terrible reckless and irresponsible government in power. It will be like pouring water inside basket. The investors should be prepared for 100% loss.

chariisGRACE:
Buhari don finish this country, kpata-kpata.

They are still selling off national assets so that they can continue their looting frenzy -

Baba God, please give us the knowledge and the instant sense to ask for an elaboration when a group of persons promise us a Change, or when they want to take us to the Next Level.

Shut up Illiterate, what do you know about economics? Zombies will be running their naive minds because of weak data they possess?

RedEnergy:
Only a dullard will invest millions of dollars into Nigeria with a terrible reckless and irresponsible government in power. It will be like pouring water inside basket. The investors should be prepared for 100% loss.

No wonder you are poor, tomorrow you will continue your wailing, mind you do you even have money to invest, unrepentant Peasant?

I think it is getting clear why the minister of power was removed/sacked. The sale or handing over of the power firms. Have you heard of any minister of aide in this government that has ever been removed or sacked when there are over whelming evidence they employed illegally or misappropriation of funds or corrupt practices or even missing funds? Do any of those and the government will ignore calls for their removal or even come out to defend them or exhoronate them.

Can we bet that if these sales go ahead it will be sold to their dummy companies or proxy companies or where they have shares or their relatives own. Transparent? hmmm na under this government transparency go happen now?

One thing I know is that God is watching and the day of judgement will come.

The West are complicit to all that is happening in this country or allowing it to happen so long as their interest is taken care of and no adverse effect to them.

On a lighter note, I thought they would have put the NPF ( Nigeria Police Force) for sale also. What's the use of having them?

On a serious note, please people should forget about this announcement, it was just published just to fulfill all righteousness. They already know the buyers. Don't be surprised if some of them have already been sold.

chariisGRACE:
Buhari don finish this country, kpata-kpata.

They are still selling off national assets so that they can continue their looting frenzy -

Baba God, please give us the knowledge and the instant sense to ask for an elaboration when a group of persons promise us a Change, or when they want to take us to the Next Level.

You said Govt can't manage these companies, now govt is saying they will allow others to manage the companies, yet you complain!
Is there anything this govt will do that you won't complain about?

"The document listed the various 2021 definitive projects under the purview of the Bureau of Public Enterprises (BPE) to include the Nigeria Integrated Power Projects (NIPPS); Calabar, Geregu, Omotosho and Benin (IHOVBOR); Transmission Company of Nigeria (TCN); Zungeru Hydro Plant; Nigerian Postal Service (NIPOST); Abuja Environmental Protection Board (AEPB) and the Nigeria Film Corporation (NFC).

Others are the Federal Capital Territory Water Board; Abuja International Conference Centre (AICC); Save sugar company; Lagos international trade fair complex (LTFC); Tafawa Balewa Square (TBS); River Basins Developments Authorities (RBDAS); Bank of Agriculture (BOA) and the Nigeria Commodity Exchange (NCX).

Most of those in bold letters are regulatories institutions. Selling those is like exposing the whole of that sector to the whims and caprices of the buyers. For example selling River Basin Development Authorities (RBDAS) is more abrogation than delegation.

There's definitely some misinterpretation.

Better than leaving them to rot

MrWondah:
I remember when Atiku was campaigning in 2015, they used this against him. He was heavily criticised for saying he'd concession most of government assets like nnpc.

Same people are now trying to do the same thing

So ? We should now begin to campaign for him and vote him in bah ?
In as much I'm not in support of the mannequin in power now, Atiku is also neither better.
It is high time we should do away with all these old cargoes and channel a new path.

LadySarah:
I support Nipost own.The workers and their offsprings are on looting spree.Always tampering with ppls parcels.

Idiots!

So bad of them.

TheChameleon:


I can bet you didn't read the article. You definitely don't have the requisite IQ to understand it.

You're just a bandwagonner. Someone that criticises just because it's popular to do so


PS - I am not a fan of Buhari and his dullard ways...at all!

You may be right but this is Nigeria. If a government in other climes say this, I will be excited but not Nigeria. Most of the proceed from these transactions will be looted.
I was in one of the Federal university days back and an insider told me that the money for some of the projects earmarked was looted.
What about the trillions that NDDC received?
So the guy you quoted wasn't wrong after all. Everything in Nigeria is bastardized.

Illegality at its peak

BPE has no powers to concession any govt property under the law. BPE is supposed to have been scrapped since the coming into force of ICRC Act

azikiweironsi:

So ? We should now begin to campaign for him and vote him in bah ?
In as much I'm not in support of the mannequin in power now, Atiku is also neither better.
It is high time we should do away with all these old cargoes and channel a new path.

Stop using your emotions to make assumptious claims where there is none.
Reading through the lines would have made you understand that I'm only trying to point out the hypocrisy.

So what do they want to sell this time around??

Lol nah NairaMarly coin we go use hijack am from them ₦₦₦

TheChameleon:


I can bet you didn't read the article. You definitely don't have the requisite IQ to understand it.

You're just a bandwagonner. Someone that criticises just because it's popular to do so


PS - I am not a fan of Buhari and his dullard ways...at all!

It's just funny that people don't read at all

DubaiLandLord:
All those agencies are not making any profit. They depend on the FG to survive.

Because incompetent people are managing them. Appoint competent hands and see those assets prosper and fly like rockets. Nigerians problem is incompetent leadership.

DubaiLandLord:
All those agencies are not making any profit. They depend on the FG to survive.

Do you know what you are talking about at all. FG putting them for sale is an indication if properly managed by private hands can be profitable. It only shows weak oversight by ministries handling all of them.

Sai baber