jmoore:
If the APC led government is clueless on how to run the economy, they should resign and lease the country to China to manage for 10 years.

GreatUniben:
I just hope they will not sell all the zombies to finance bubu's family trip and feeding expenses come 2017

ephi123:


Dangote obviously has an ulterior motive in all this, it is his personal interest he is looking out, but their plans will surely not succeed.

ladyF:
You can name a couple of people behind this insane development.

Dangote.
Tifnubu.
Buhari.
....and friends.

So when they sell assets and use it to fund 2016 budget, what will they use to fund 2017 budget? Common sense is truly not common.

It's [size=15pt]LadyF[/size] again

TwoBottles:

Dangote is not looking out for his personal interest but the interest of the north. Dangote as a company is a conglomerate owned by powerful Northerners. I think this is a northern agenda to enslave the entire South.

MadCow1:
Sell others.. Keep Bonny NLNG and fast Track whatever fhuckery is holding back Brass NLNG.

FKseun:
So many lazyt and ignorant peeps on Nairaland. The FG cannot sell NLNG!!!

TwoBottles:

Dangote is not looking out for his personal interest but the interest of the north. Dangote as a company is a conglomerate owned by powerful Northerners. I think this is a northern agenda to enslave the entire South.

Stelvin101:
Baba Iyabo started this sales of National Assets and that was how we lost Delta Steel Company to greedy and stingy Indians. He also sold NEPA and other national assets in the name of privatization and we all know they are the ones doing the buying as well with looted funds, using foreigner as cover face and partners. Now Buhari wan follow suit and do his own. Sometimes I wonder what do these painful gain inflicting poverty, pains, suffering on there fellow human and making life so unbearable for us all. No government in its right senses will want to privatize any of her assets, let alone one as vital as this. The funnies part of all this is once they eventually privatize it. Nigerians will never see the returns made from it. If you think am lying ask that Monkey of a former president to tell us what happen to all the money gotten from every national assets he privatized when he was head of state. If this is not stopped by Nigerians, soon every national assets will be owned by certain families in this country and that means they will control the number of meals people will be eating daily. If only people even know what even Dangote is really trying to do. Ohh my country

ephi123:


Hmm, you make a point, I never thought of it that way.
I still think he is personally greedy though, despite the wealth he has he still wants more and more. In any case, money never satisfies.

OrlandoOwoh:
I've not heard the FG say it wants to sell the NLNG. Are you mistaking Saraki for the FG?

2n2k:


@ bolded. For the records, PHCN (nepa) was sold by GEJ not by obasanjo

chie8:
According to Henry Omoregie he was part of the NLNG construction history from the scratch including piping,electrical and safety supervision.He said NLNG was built (first 2 trains) for 3.8 billion USD. With an additional train, it shot up to 4.2 billion USD with plans to expand to about 7 trains on hold, it should (construction-ly speaking) worth about 10 - 15 billion USD or so. That is less than the billions of dollars figures the APC-led Nigeria has been bandying about, as recovered loot.

The JV agreement is shared 49% for Nigeria (NNPC) and the rest 51% by Shell, (biggest share of the other 3 at about 25%) Agip (ENI Group) and Total (then TotalFinaElf).

He said he understands during his sojourn in Bonny Island, that the plant would be wholly NNPC's after 22 years (counting from 1999 or just before). That means in 2021, 51% becomes an addition to the 49% = 100% Naija-owned.He also said the most expensive single ''asset'' in Nigeria and Africa today is the NLNG Plant in Bonny Island, Rivers State Nigeria.


Source: http://www.trezzyhelm.com/2016/09/see-photos-of-nlng-plant-in-bonny.html

kjhova:


Dude, it was Jonathan's administration that conducted the bid process and sale of PHCN (NEPA) assets oh! OBJ/Yar'Adua administrations only carried out the unbundling of the organisation. Calling OBJ a monkey just goes to show the degree of hatred you hold for him and says a lot about the kind of person you are too.

Adminisher:


I have said this many times, the military has been more focused and value adding than civilian governments.

HomeOfMe:
For somebody to suggest the sale of this very important Nigerian asset is very shocking! Nigeria's enemies are indeed the ones within,smh.

chie8:
According to Henry Omoregie he was part of the NLNG construction history from the scratch including piping,electrical and safety supervision.He said NLNG was built (first 2 trains) for 3.8 billion USD. With an additional train, it shot up to 4.2 billion USD with plans to expand to about 7 trains on hold, it should (construction-ly speaking) worth about 10 - 15 billion USD or so. That is less than the billions of dollars figures the APC-led Nigeria has been bandying about, as recovered loot.

The JV agreement is shared 49% for Nigeria (NNPC) and the rest 51% by Shell, (biggest share of the other 3 at about 25%) Agip (ENI Group) and Total (then TotalFinaElf).

He said he understands during his sojourn in Bonny Island, that the plant would be wholly NNPC's after 22 years (counting from 1999 or just before). That means in 2021, 51% becomes an addition to the 49% = 100% Naija-owned.He also said the most expensive single ''asset'' in Nigeria and Africa today is the NLNG Plant in Bonny Island, Rivers State Nigeria.


Source: http://www.trezzyhelm.com/2016/09/see-photos-of-nlng-plant-in-bonny.html

ladyF:
You can name a couple of people behind this insane development.

Dangote.
Tifnubu.
Buhari.
....and friends.

So when they sell assets and use it to fund 2016 budget, what will they use to fund 2017 budget? Common sense is truly not common.

It's [size=15pt]LadyF[/size] again

HomeOfMe:
The person who suggested the sale of NLNG did not see national stadium surulere,MMIA and others that the govt cannot maintain;abuja national stadium is there which has been taken over by cattle herders,other stadia are there,the refineries that are not working are there,but the sale of only one thing that is still generating good income. Why not he just buy up Nigeria and dump it in his bedroom;bunch of greedy and selfish people!

Stelvin101:
Baba Iyabo started this sales of National Assets and that was how we lost Delta Steel Company to greedy and stingy Indians. He also sold NEPA and other national assets in the name of privatization and we all know they are the ones doing the buying as well with looted funds, using foreigner as cover face and partners. Now Buhari wan follow suit and do his own. Sometimes I wonder what do these painful gain inflicting poverty, pains, suffering on there fellow human and making life so unbearable for us all. No government in its right senses will want to privatize any of her assets, let alone one as vital as this. The funnies part of all this is once they eventually privatize it. Nigerians will never see the returns made from it. If you think am lying ask that Monkey of a former president to tell us what happen to all the money gotten from every national assets he privatized when he was head of state. If this is not stopped by Nigerians, soon every national assets will be owned by certain families in this country and that means they will control the number of meals people will be eating daily. If only people even know what even Dangote is really trying to do. Ohh my country