Nigerians React As Atiku Says He Will Privatise NNPC If Elected
The Presidential candidate of the People’s Democratic Party (PDP) Atiku Abubakar on Wednesday in Kaduna reiterated his resolve to privatise the Nigerian National Petroleum Corporation (NNPC), if elected President on Saturday.
Atiku, who reiterated this while interacting with stakeholders from the 23 local government areas of Kaduna state at the trade fair complex, said his resolve to sell national assets was informed by the fact that NNPC has since inception 1963 failed to meet its expectation of refining crude oil for the country’s consumption.
He insisted he will sell off the NNPC to provide more development, stressing his decision is against the backdrop that only very few are benefiting from the operations of the national asset at the expense of the masses.
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When NNPC is sold
It means govt removes its hand from anything oil
It now goes to private people who will do the lifting/sale.
With our refineries not working we will continue to import refined products.
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If the NNPC is to be sold, then it *must* be sold on the public stock market via an IPO only. Any other thing is corruption.
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Breaking News: If you work in NNPC, have relations that works in NNPC, and you depend on them for survival or better still you don't want them to become sudden pensioners that would suffer same fate Ex-NITEL staffs suffered before PMB paid their pensions; get your PVC, vote PMB!
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DID YOU KNOW?
• @NNPCgroup sold 173.91m barrels of crude oil in Q3 2018
• Only 19.72% of the total sales receipt from $ payment was remitted into FAAC acct
• No record of what was remitted to FAAC from ₦ payment
The breakdown of NNPC performance in Q3 2018? It’s a THREAD.
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"I will sell NNPC to wealthy Nigerians"-Atiku insists
Main reason Atiku is running for President. He has bought nearly all assets in Telecoms&Power. D only 1 he forgot is NNPC, thats d reason he said "even if u kill me I will sell NNPC". That's his last robbery mission on earth.
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