₦airaland Forum

by Mayowa Tijani



Segun Sowunmi, the spokesman of the Atiku Campaign Organisation, says the government has nothing to lose in the sale of the Nigerian National Petroleum Corporation (NNPC).

Earlier, Bismarck Rewane, chief executive of Financial Derivative, had asked who Atiku Abubakar plans to sell the NNPC to, should he become Nigeria’s president in 2019.

“I agree that he (Atiku) should privatise, but selling to who? You must not just say you are going to sell, you must tell us how, and to who?” Rewane asked.

“If you are going to have a voucher system like they have in India, where everybody in the public will have a voucher, then you can sell it.

“It is a noble idea, but it stops short of the specifics, tell us who and who, and how you are going to ensure that it is not sold to your own cronies.”

Responding to this at The Osasu Symposium held in Abuja on Thursday, Sowunmi said Atiku supervised the telecoms revolution, and he can do the same with the oil industry.

He assured Nigerians that the government has nothing to lose, but so much to gain from the sale.

“Someone has asked, who are we selling NNPC to; does Glo belong to a European, does Oando belong to a European?” Sowunmi said.

“What we are saying is this; the paradigm has to shift; we cannot run businesses as a government institution when what you are supposed to be is a regulator.

“You need to stick to one role. If you are going to be regulating, then stay on regulation. Let those with capacity to run business run business.

“And government loses nothing; in actual fact, government gets more revenue, the companies are well run, the companies can expand into other territories outside Nigeria to begin to hold value, and you can employ more people.

“And you can once and for all deal with a circle of corruption around the oil industry. It is about time we fixed that, and we are going to liberalise it.”

He said this was the same way the Obasanjo-Atiku admin was going to liberalise telecoms sector and faced a lot of opposition, but today, the country is better for it.

https://www.thecable.ng/govt-loses-nothing-sowunmi-replies-rewane-on-nnpc-sale


Lalasticlala, mynd44

Good. It should be privatised and whoever has the ability to buy should buy. Enough of the govt killing this country through NNPC.

Saraki would buy NNPC if Atiku wins. Mark my words.

NNPC should be sold, and you would see modular refineries spring up in all 36 states..

Magalan:
NNPC should be sold, and you would see modular refineries spring up in all 36 states..

Say something else, modular refineries are already under construction.

Nigerian Govt To Commission 2 Modular Refineries In Niger Delta | Sahara ...
saharareporters.com › 2018/04/26 › nige...

https://www.google.com.ng/url?sa=t&source=web&rct=j&url=http://dailypost.ng/2018/04/25/modular-refineries-fg-grants-38-entrepreneurs-operating-licences/amp/&ved=2ahUKEwjcsauVh-veAhVuxoUKHUZQC1sQFjADegQICBAB&usg=AOvVaw1xVnPwzoX2GZ9mlkL6y2LT&ampcf=1

The fact that Atiku has the balls to sell the corrupt NNPC is enough to make sensible people vote for him. Selling the NNPC would solve A LOT of Nigeria's current problems, believe that.

Just look at NITEL, and you'll understand Nigeria's problems. When the monopoly was broken, what happened to NITEL? It was given a FREE GSM license (MTEL) when others had to pay $261m for GSM licence way back in 2001. Yet what happened to MTEL and where is it today? Anything run by government in Nigeria is a joke. Next to that is anything run by NIGERIANS.

NNPC should not only be sold, but should be sold to a reputable GLOBALLY RECOGNISED company. I don't want any useless Nigerian company or a shady unknown 'foreign' company with Nigerian shadowy controllers to buy it.

docadams:
Say something else, modular refineries are already under construction.

Nigerian Govt To Commission 2 Modular Refineries In Niger Delta | Sahara ...
saharareporters.com › 2018/04/26 › nige...

https://www.google.com.ng/url?sa=t&source=web&rct=j&url=http://dailypost.ng/2018/04/25/modular-refineries-fg-grants-38-entrepreneurs-operating-licences/amp/&ved=2ahUKEwjcsauVh-veAhVuxoUKHUZQC1sQFjADegQICBAB&usg=AOvVaw1xVnPwzoX2GZ9mlkL6y2LT&ampcf=1

Can we see the progress of the refineries now? 7 months later..

Vatsyayana:
Saraki would buy NNPC if Atiku wins. Mark my words.

Except Saraki is fronting for Atiku or they are both in partnership. Atiku wants to buy NNPC for himself and nobody can stop him if he's elected president.

Magalan:
Can we see the progress of the refineries now? 7 months later..

As you can deduce, these are private ventures and are not compelled to publicise their progress.

docadams:
As you can deduce, these are private ventures and are not compelled to publicise their progress.

For refineries again.... can it be hidden or too big to be seen?

Magalan:
For refineries again.... can it be hidden or too big to be seen?

Nothing stops you from proceeding to the appropriate quarter to make enquiries.

This one will just be talking thrash. Atiku did not give us MTN GLO AIRTEL etc NITEL was sold, were is it today? It's even Buhari that's paying their pension.

very presidential

seunmsg:
Except Saraki is fronting for Atiku or they are both in partnership. Atiku wants to buy NNPC for himself and nobody can stop him if he's elected president.

Would you have preferred Tinubu to buy it also the way he has bought the whole Lagos State with stolen money?

seunmsg:
Except Saraki is fronting for Atiku or they are both in partnership. Atiku wants to buy NNPC for himself and nobody can stop him if he's elected president.

You mean the same way Atiku sold NITEL to himself?

What a load of B.S!

Sirjamo:
This one will just be talking thrash. Atiku did not give us MTN GLO AIRTEL etc NITEL was sold, were is it today? It's even Buhari that's paying their pension.

Selling off NITEL was the Best Thing that Happened to Telecom sector.

wordcat:
You mean the same way Atiku sold NITEL to himself?

Dont mind them!

Jobs will be lost. We are not really worried about government, government is politicians,we are worried about the common man.They are always the ones to loose.not just nothing /anything,but everything.