₦airaland Forum

Kaczynski:
Best to privatise everything which will give economic freedom to every one. Unemployment will reduce.

Good if them sell nnpc , ncc , nafdac, efcc.

faoogoke:
You will surprised that even with dollar at N800 things wont be like you thought it would be.
You might be disappointed big time and wonder why didnt the dollar stay at N1500

megawealth01:
Same thing Atiku said that made people scream he wanted to sell off NAIJA 😂

mikeapollo:
https://www.thecable.ng/wale-edun-says-fg-will-commence-sale-of-state-owned-assets-in-2026/

Finance Minister, Wale Edun Says FG Will Commence Sale of State-owned Assets in 2026.

If it is absolutely impossible or very difficult for govt to operate and manage these assets, why not find credible partners and lease these assets over some years e.g. 20,30,50 years instead of outright sale?.
The intervening lease period would afford govt the opportunity to assess how well the new managers are operating the assets and use the information to make further decisions.
Why just sell off outrightly? Can govt not even sell like 51-60% to a majority investor while govt keeps like 40%?

Mpeace:
You get mind oh. May it go as you pray

megawealth01:
Same thing Atiku said that made people scream he wanted to sell off NAIJA 😂

starpower:
Naira may also soon be overvalued, if oversold too because our deficit budget still out of control and budget performance is still poor. Government needs to be more serious on corruption prevention and rule of law. We still have very weak systems. Feeling our equities are not pricing that risk. Many what if's. Not selling off but taking more short-term bonds. Don't need to beat market always, but protect capital and it value. How is your trading going.

ppogba:
Judas Iscariot was the treasurer not because he loved the poor but simply because of what to steal........Jesus Christ. (Paraphrase mine).

Think about this.

presiade:
But when you remember the Halliburton scandal and how he handled the privatization deals under OBJ, you will know why any reasonable citizen will be skeptical of him.
https://www.nairaland.com/2469010/summary-alleged-payment-halliburton-bribery

presiade:
But when you remember the Halliburton scandal and how he handled the privatization deals under OBJ, you will know why any reasonable citizen will be skeptical of him.
https://www.nairaland.com/2469010/summary-alleged-payment-halliburton-bribery

mikeapollo:
Atiku was never involved in the Halliburton scandal nor the privatization deals under OBJ?
The privatization of State enterprises was handled by El-rufai, the DG of Bureau of Public Enterprises (BPE) who was reporting directly to Obasanjo and National Council on Privatization. How is Atiku involved in this?

Atiku has been investigated extensively and comprehensively by all the investigative bodies in this country and abroad., including the Halliburton scandal. NOTHING was found against him.
People just spread rumours and tell lies. The same way they said he was wanted in the US for fraud and that he could never travel to US because he would be arrested. That was a well planned blackmail, The man eventually travelled to US and nothing happened.

megawealth01:
EMILOKAN should enter US first... I want to check something

Slammmmmmmm:
Emilokan will enter US and nothing will happen to him.

mikeapollo:
Atiku was never involved in the Halliburton scandal nor the privatization deals under OBJ.
The privatization of State enterprises was handled by El-rufai, the DG of Bureau of Public Enterprises (BPE) who was reporting directly to Obasanjo and National Council on Privatization(NCP). How wss Atiku involved in this?

Atiku has been investigated extensively and comprehensively by all the investigative bodies in this country and abroad., including the Halliburton scandal. NOTHING was found against him.
People just spread rumours and tell lies. The same way they said he was wanted in the US for fraud and that he could never travel to US because he would be arrested. That was a well planned blackmail, The man eventually travelled to US and nothing happened.

mikeapollo:
Are we really sure?
Strategically speaking, it could be a huge mistake and dangerous for a nation to sell 100% stake in its national oil company (like NNPC) outrightly to private hands.
This is why no single member of OPEC has done that. Countries like Saudi, Qatar, UAE, Brasil, Kuwait, Russia, etc all have some significant share in their national oil companies, even though the majority share may go to private investors.

megawealth01:
But EMILOKAN has handled LAGOS well ba?

222Martins:
The core job of the Government in a Capitalist society is to regulate, and regulatory/enforcement agencies such as NAFDAC, NCC, EFCC, etc cannot be sold.

mikeapollo:
Are we really sure?
Strategically speaking, it could be a huge mistake and dangerous for a nation to sell 100% stake in its national oil company (like NNPC) outrightly to private hands.
This is why no single member of OPEC has done that. Countries like Saudi, Qatar, UAE, Brasil, Kuwait, Russia, etc all have some significant share in their national oil companies, even though the majority share may go to private investors.

presiade:
Get your facts right! "As Vice President, Atiku Abubakar was the Chairman of the National Council on Privatization (NCP) under President Olusegun Obasanjo and oversaw the privatization of many national assets, with the Bureau of Public Enterprises (BPE) operating under his supervision, though the process was controversial, with accusations of cronyism and lack of transparency."

Traveling with a red (diplomatic) passport behind an incumbent Senate President does not prove anything.

Kaczynski:
Take a look at the oil industry in Texas and see what privatisation is doing there.

pluto09:
The government has not said they are going to sell 100% stake in national assets and I don't think NNPC will ever be sold.
They should reduce government stake in some strategic assets like NNPC but some like the refiniries should be sold 100%

pluto09:
As you are thinking about the one that will give you the best returns, you should also put into consideration the one that can loose you money very fast if things don't go the way you envisage.

presiade:
Based on the current market situations, ZENITH should be trading between N76 and N80.

Ginalex:
I really slept on Wema😪😪. I was always eyeing Zenith and UBA forgetting that there are others

Ginalex:
I really slept on Wema😪😪. I was always eyeing Zenith and UBA forgetting that there are others

presiade:
I'm not supporting any of them, Obi inclusive. However, Lagos is not Nigeria, and the ICPC under PDP could not find him guilty, what else can I say? Atiku cheated the whole country and was indicted by his then-boss (though a vindictive human) and internationally--that says a lot.