₦airaland Forum

Vice President Kashim Shettima has issued a strong directive to members of the National Council on Privatisation (NCP): “Every transaction must pass the microscope test.” Eyes Of Lagos reports,

Speaking at the second NCP meeting for 2025, held at the Presidential Villa in Abuja, Shettima called for total transparency, legal due diligence, and public accountability in all privatisation transactions.
“We Can’t Afford Mistakes That Cost Nigeria Billions”

“We are almost always vulnerable to arbitration and being shortchanged,” Shettima warned.
“Every transaction must be subjected to microscopic scrutiny so we are not called upon ten years later to explain what we did.”

According to a statement by his media aide, Stanley Nkwocha, the Vice President emphasized that the NCP has a legal and moral duty to safeguard the nation’s economic interests and avoid the pitfalls of past deals that resulted in lawsuits and financial losses.
What’s on the NCP Radar?

The Council reviewed key national assets and ongoing privatisation initiatives, including:

Ibadan Disco: Divestment of shares by acquisition lenders

Zungeru Hydroelectric Power PLC: Concession agreement review

Transmission Company of Nigeria (TCN-NISO): Assets and liabilities split

World Bank’s $500M DISREP Program: Updates on the power distribution sector

Dispute settlements involving Bureau of Public Enterprises (BPE)

The Message Is Clear:

No shortcuts, no cover-ups, and no transactions without legal protection for Nigeria’s future.

omoredia:
Shots fired to Tinubu. Cos who is the person that doesn't like transparency? Is it not Tinubu and his agents ?

helinues:
VP Shettima is not even distracted by the noise of some people. Nice one jare

helinues:
VP Shettima is not even distracted by the noise of some people. Nice one jare

helinues:
VP Shettima is not even distracted by the noise of some people. Nice one jare

Wickedfact:
One thing I must confess is that Hibos fear Tinubu more than their deities.

Peakdesign23:
A cool headed man that is not really distracted or moved. Nice one chief.

kole22k:
Let Nigerian don't pretend as if the past doesn't matter anymore, our past can hunt us till we die, the role Atiku played during the privatisation regime can not go unchecked

Many Nigerian are aware of what Atiku did, he champion the project, and along the journey, we all understood what transpires between him and his boss. This is the right time to crosscheck his stewardship, the paper be checked one by one, so that if Nigerian will hand over the future to him this time, we will know he can be trusted.

I give it to Shetima on this.

helinues:
VP Shettima is not even distracted by the noise of some people. Nice one jare

helinues:
VP Shettima is not even distracted by the noise of some people. Nice one jare

helinues:
VP Shettima is not even distracted by the noise of some people. Nice one jare

lagostrendboy:
https://eyesoflagos.com/2025/07/03/shettima-demands-full-transparency-in-nigerias-privatisation-process/

thisweekng:
The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”
Private sector to drive the economy

https://nairametrics.com/2023/09/01/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/

Venrolee:
At least he's better than the drug Baron.

Na una sabi.

swaggerjack:
Reno Omokri: I Challenge Tinubu To Prove If He Was Not A Drug Lord In Chicago


https://www.youtube.com/watch?v=NA7PoGtSvKo&feature=youtu.be

helinues:
VP Shettima is not even distracted by the noise of some people. Nice one jare

kole22k:
Let Nigerian don't pretend as if the past doesn't matter anymore, our past can hunt us till we die, the role Atiku played during the privatisation regime can not go unchecked

Many Nigerian are aware of what Atiku did, he champion the project, and along the journey, we all understood what transpires between him and his boss. This is the right time to crosscheck his stewardship, the paper be checked one by one, so that if Nigerian will hand over the future to him this time, we will know he can be trusted.

I give it to Shetima on this.

Emergingnation:
Flashback: How Bola Tinubu spoke highly of Buhari in 2015, named PDP ‘Poverty Development Party

National leader of the ruling All Progressives Congress, APC, Bola Tinubu had during the presidential campaign in 2015, referred to President Muhammadu Buhari as the only solution for the security and economic challenges facing Nigeria.

During a mega presidential rally, the former governor of Lagos State recalled how some powerful nations in the world returned to army generals when they were challenged, saying “Major General Buhari would revive Nigeria’s economy”.

He named the current opposition People’s Democratic Party, PDP as the “Poverty Development Party saying they had nothing to offer.

His words at the time were; “Every nation has a period of their own challenges, when America was challenged, they turned to one great man, their ex-military general, General Eisenhower. When the French were challenged, they turned to their general, Charles de Gaulle.

“When Britain was challenged, they turned to their general. Today, Nigeria is economically and physically challenged so we turn to General Muhammadu Buhari. He is the right man for the job. If you talk about military experience, he has it abundantly, he has courage, simplicity, he has it abundantly.

“If you talk about great determination, a combination of vision and ability to perform, honesty and integrity, he has it abundantly.

“I laugh when the incapable government, ‘Poverty Development Party’ PDP were talking. They have nothing again to say, they now want to question the qualifications of General Buhari and look for his certificate”.

Following the manifestos in 2015 which projected the APC presidential candidate as a ‘saviour’, Buhari defeated the then incumbent president, Goodluck Ebele Jonathan with Nigerians expecting a total change in security and economy.

https://dailypost.ng/2021/09/01/flashback-how-bola-tinubu-spoke-highly-of-buhari-in-2015-named-pdp-poverty-development-party/

Bentacur007:
Shettima has been silent..
He is waiting for the next move
E go reach him

Gadafii:
Shettima that have been relegated to nowhere, Osibanjo was more popular and active that this mai gida, yet he opened his gworo chewing mouth to call him ice cream seller

helinues:
VP Shettima is not even distracted by the noise of some people. Nice one jare

lagostrendboy:
https://eyesoflagos.com/2025/07/03/shettima-demands-full-transparency-in-nigerias-privatisation-process/