Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,506 members, 7,816,207 topics. Date: Friday, 03 May 2024 at 07:40 AM

NNPC Proposed Sales By Atiku - Argue For In Support Or Against. - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / NNPC Proposed Sales By Atiku - Argue For In Support Or Against. (736 Views)

Supreme Court Reserves Judgment In Appeal By Atiku, PDP / Mele Kyari On Refinery: Dangote Not Happy With NNPC Proposed Stake Acquisition / Rabiu Biyora Defects To PDP, Received By Atiku (Pics) (2) (3) (4)

(1) (Reply) (Go Down)

NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by TruthinAction: 4:26am On Feb 21, 2019
We are know or expect Atiku to win in this election if it held free and fair. But I think we have to start discussing issues that is likely to affect all of us early enough before it will take us unaware. The way Atiku is talking about talking about the sale of NNPC gives one the impression that it is likely one of the things he wants to do first.

He may have a good intention but it might turn out to be the worst decision any government will ever make. Pls, argue for or against it.

1 Like

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by TruthinAction: 4:30am On Feb 21, 2019
I am personally not in support because it seems to me that it's a coup plot by the north to marginalize the south and be in control of the wealth of Nigeria for life. And once you are in control of the wealth, you can rule the nation for life and treat others like slaves.

He said he is not the one buying it. That is what they always say but at the end of the day, they buy it through the backdoor.

4 Likes

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by QuotaSystem: 4:31am On Feb 21, 2019
My first argument against it is that it allows foreign hawks and domestic crooks access to our oil and gas assets directly or through fraudulent shell companies, which is dangerous to our economic security, because our oil reserves are one of our most strategic national assets.

This actually feeds into your submission except that you gave it a northern coloration.

By the way it is mathematically impossible for Atiku to win this election so let's thrash this issue out for the sole benefit of mutual enlightenment.

2 Likes

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by TruthinAction: 4:35am On Feb 21, 2019
I think it's time for Nigeria to speak out concerning any sensitive issue that affects us as a nation. The time where we just keep quiet and wait for another four years to decide who is next is gone. I know we have those who are supposed to be representing us but they actually represent their stomach. What I suggest Atiku should do instead is to set up a committee to investigate the activities of NNPC and tell us why it is not able to deliver as expected and make objective recommendations.
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by Kingspin(m): 4:41am On Feb 21, 2019
TruthinAction:
I am personally not in support because it seems to me that it's a coup plot by the north to marginalize the south and be in control of the wealth of Nigeria for life. And once you are in control of the wealth, you can rule the nation for life and treat others like slaves.

He said he is not the one buying it. That is what they always say but at the end of the day, they buy it through the backdoor.

Who is in charge before?

Haven't you notice the most bastardized oil industry in the world is Nigeria. This is the most corrupt and abuse sector by government institutions and powerful elites. The foreign companies like SHELL and co are allowed to get away with many atrocities because Nigerians join them to defraud and steal the country.

Nowhere in the world oil sector is control and manipulated like in Nigeria.

Elsewhere oil is taken as a serious business operate btw shareholders and government; the two checkmate one other while the latter focus on revenue. Different parties are brought in to run the day to day not all this government affair thing we have in Nigeria.

My point is there is no independent of NNPC. It is vulnerable to government officials others

The only way to bring accountability and transparency to NNPC is by Pubic-Private partnership.

4 Likes

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by TruthinAction: 4:41am On Feb 21, 2019
They should study every step of how the products are produced, sold and distributed. They should also unveil the corrupt practices that is sabotaging it's effort to deliver. I think NNPC can be fixed. If it is done, I know Nigeria will recover fast from recession. As it stands, individuals running the organization appears to be making more money than the nation. There has been several corrupt charges on top managers of the institution but none has been prosecuted. Any attempt to prosecute them fails because they have the money to fight...
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by bbxxxxxx: 4:42am On Feb 21, 2019
I support the sale, the level of corruption and stealing in that organization is alarming. Except there is a way the organization can be audited by an external auditor, it should be sold. Just imagine this https://twitter.com/BudgITng/status/1098187628501979136?s=19

3 Likes

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by TruthinAction: 4:43am On Feb 21, 2019
Nairalanders, please speak out. We do not want a new government that we will later regret because of poor decisions.
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by PointZerom: 4:52am On Feb 21, 2019
I am more interested in the selling of Nigeria.

2 Likes

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by Imoy(m): 4:54am On Feb 21, 2019
I am in total support of Atiku privatising NNPC.
The government has been running it for God knows how many years, what have we been able to achieve?
Isn't it a shame that at this level we still export crude oil for refining in this country?
Buhari came with his sweet mouth that he would build more refineries, 4years gone not even a block for foundation has been laid, all we hear is how his brothers keep awarding fraudulent contracts and siphoning money up and down. Even the frogged eye woman who stole money her 10th generation cant finish spending is still walking free outside the shores of the country.
NITEL was sold and we all enjoyed the benefits today, i can use a phone to place call and receive call instead going to queue on a NITEL payphone.

You just cant take away the business acumen from Atiku. That man is very versatile and knows his onions unlike Buhari who dont even know were his certificate is.
Abeg Atiku all the way jor.
If buhari mistakenly wins again, na die we dey for this country, God sef no go gree.

2 Likes

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by Kaymus(m): 5:07am On Feb 21, 2019
Imoy:
I am in total support of Atiku privatising NNPC.
The government has been running it for God knows how many years, what have we been able to achieve?
Isn't it a shame that at this level we still export crude oil for refining in this country?
Buhari came with his sweet mouth that he would build more refineries, 4years gone not even a block for foundation has been laid, all we hear is how his brothers keep awarding fraudulent contracts and siphoning money up and down. Even the frogged eye woman who stole money her 10th generation cant finish spending is still walking free outside the shores of the country.
NITEL was sold and we all enjoyed the benefits today, i can use a phone to place call and receive call instead going to queue on a NITEL payphone.

You just cant take away the business acumen from Atiku. That man is very versatile and knows his onions unlike Buhari who dont even know were his certificate is.
Abeg Atiku all the way jor.
If buhari mistakenly wins again, na die we dey for this'd country, God sef no go gree.
na you go die! idot.
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by tempest01(m): 5:10am On Feb 21, 2019
I think we should sell.out a 60% stake and still maintain 40%. That way, it runs as a private firm, and we still get too reap the benefits when they profit.

2 Likes

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by jojomario(m): 5:27am On Feb 21, 2019
I would have supported the sale but what have we benefitted from the sales of PHCN, NITEL and the rest? Until we see tangible reasons and results from the already sold parastatals, I won't support the sale of the almighty NNPC. Bidding processes in Nigeria had been corrupted, it is never open. Government should encourage more private refineries to be built in the country for healthy competition.

2 Likes

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by Imoy(m): 8:20am On Feb 21, 2019
Kaymus:

na you go die! idot.
no worry, fulani herdsmen go soon kill your entire family, before december this year, mark my words
you will come back here to beg me
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by Olatunji1929: 8:46am On Feb 21, 2019
Imoy:

no worry, fulani herdsmen go soon kill your entire family, before december this year, mark my words
you will come back here to beg me
amen
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by mekaboy(m): 8:48am On Feb 21, 2019
It will be on the stock market. There spending will be made public. There will be more efficiency , transparency and accountability. Nigerians will have a stake and not only politicians.

An APC member floats a helicopter company. Then NNPC adopts the company as the only helicopter transporter they use. The same helicopter company is providing transport service for the presidents campaign.

So the federal government through NNPC is funding buharis campaign.

Such monopoly and reckless spending won't take place in a private company gone public.

So the money generated by NNPC is shared among the cabal
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by sukerefakere(m): 8:53am On Feb 21, 2019
The only thing we do best here in to talk, argue, give logical comparison and give logical statement.
All this in a shithole country that cannot create anything.

Nonsense
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by Racoon(m): 8:55am On Feb 21, 2019
I support 100%.
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by Racoon(m): 8:57am On Feb 21, 2019
mekaboy:
It will be on the stock market.There spending will be made public. There will be more efficiency,transparency and accountability.Nigerians will have a stake and not only politicians.

An APC member floats a helicopter company. Then NNPC adopts the company as the only helicopter transporter they use.The same helicopter company is providing transport service for the presidents campaign.

So the federal government through NNPC is funding buharis campaign.Such monopoly and reckless spending won't take place in a private company gone public.So the money generated by NNPC is shared among the cabal
Aptly said sir.I'm 100% with you on this issue.

1 Like

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by TruthinAction: 10:00am On Feb 21, 2019
Kingspin:
Who is in charge before?

Haven't you notice the most bastardized oil industry in the world is Nigeria. This is the most corrupt and abuse sector by government institutions and powerful elites. The foreign companies like SHELL and co are allowed to get away with many atrocities because Nigerians join them to defraud and steal the country.

Nowhere in the world oil sector is control and manipulated like in Nigeria.

Elsewhere oil is taken as a serious business operate btw shareholders and government; the two checkmate one other while the latter focus on revenue. Different parties are brought in to run the day to day not all this government affair thing we have in Nigeria.

My point is there is no independent of NNPC. It is vulnerable to government officials others

The only way to bring accountability and transparency to NNPC is by Pubic-Private partnership.

I am not an economist but I think what you are saying makes sense. It should be public - private partnership. If you completely live it in the hands of government, corruption will continue and if it's completely in the hands of private sector, they will not remit the required tax. So private - public partnership is the way to go.

1 Like

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by braveboi4life: 10:12am On Feb 21, 2019
Atiku please when you win, sell of that corrupt entity called NNPC,do you know that ex NNPC staff are even richer than ex governors, check all the indeginous firms you will realize they are owned by serving or ex staff of NNPC, tell me if NNPC have been able to fulfil their cash call of any JV venture,they wont because of corruption yet they claim to own more than 55%stake in all oil and gas asset.
We thought subsidy was scam under GEJ but when Buhari came into power it was worse, more than 50,000 litres are assumed to be cleared daily when our daily consumption is not more than 25,000litres
President atiku please sell of that useless entity, let govt only regulate and tax whatever the companies make.
God bless you AA for swearing to do justice

2 Likes

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by DMerciful(m): 11:07am On Feb 21, 2019
NNPC should have been sold long ago! Government should be part of the shareholders but not more than 40% and it should be run privately

1 Like

Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by Gandollaar(f): 11:16am On Feb 21, 2019
Since the incoming president Atiku made that declaration, APC has become very sad over their inability to have articulated that fact especially since they claim to be fighting corruption.
They didn't see it coming. Hell Rufai couldn't help but betray his emotions. https://www.premiumtimesng.com/news/headlines/186622-nigeria-must-kill-nnpc-
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by FocusedDiva(f): 11:26am On Feb 21, 2019
BUHARI'S SECOND TERM

Civil Servant or Public Servant should think twice before casting their VOTE. One factor is that at least 70% of ALLOCATION to STATES comes from NNPC.

IF eventually NNPC is sold to ATIKU's friends as promised, definitely your SALARY has being sold off, your JOB has being sold off. Think deeply. Thanks.

~Retired Biafran Army "Chinedu Madu" caution civil servant.

This election has the following in built factors:
The licenses of DISCOS have expired and the PMB’s government is to allow more companies to come in.


The OIL prospecting licenses of the Generals have expired and PMB is set to allocate them to the States for infrastructural development and thirdly and the most important the monopolistic license issued to INTELS with an annual revenue of N300 billion will expire in 2020 and PMB will not renew it. This has been the mainstay of Atiku. Wike and Secondus are also beneficiaries.

Therefore the elections is between the masses and those who have cornered our commonwealth.

If you are not their friend and you are supporting them without verifying these expiry dates of their economic dominance you have to think twice.

God bless Nigeria
Re: NNPC Proposed Sales By Atiku - Argue For In Support Or Against. by helinues: 11:45am On Feb 21, 2019
He should sell his private university first before taking him .

You cant find solution to just NNPC problem, how more about 200 million people

(1) (Reply)

Breaking: 12 Presidential Candidates Back Buhari / The Election Went Freely In Atiba LGA Of Oyo State / Dino Melaye Exposes Yahaya Bello & Smart Adeyemi's Plan To Steal His 8000 Votes

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 50
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.