Connect with us

Politics

Nigerians react to Atiku’s plan to privatise NNPC

Published

on

Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar has said that the National Petroleum Corporation (NNPC) will be privatised if elected as president.

Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar

According to Atiku, this is expected to stimulate economic growth. He added that since his vision is to make Nigeria a $1 trillion economy by 2023, he would equally privatise power and other critical national assets.

Addressing the business community with his running mate, Peter Obi, during a conference on “Getting Nigeria’s Economy Working: A Pragmatic Approach,” in Lagos, he argued that NNPC and the power sector must be disbanded through privatisation if they must be efficient.

He assured of his commitment to privatising the two national assets and others “even if they will kill me.”

The former Vice President spoke against the argument that the oil and gas sector might turn out to be the economy’s Achilles’ heel, in view of entrenched corruption and drain on national resources.

“Privatising NNPC would be to our advantage. We are not going to lose anything, but we will rather gain a lot,” he said.

Besides, he added, if former President Olusegun Obasanjo had accepted his suggestion in 1999 and 2007, challenges in the power sector would have been fixed since 2005.

“Nigeria would have been self-dependent on power since then because it does not need a centralised transmission plan, which is very costly, but a decentralised electricity system where each state or region is powered from the source of energy prevalent in the region.

“But the former President preferred the gas turbines, which I noted, was a long-term system, as it is now obvious.”

He lamented the high rate of unemployment in the country, especially among the youth, saying: “Youth unemployment is a time bomb, and very scary,” a situation he said, was responsible for increasing crime and criminal activities in the country.

“The rate of unemployment at 23.1 per cent is the highest ever recorded in the history of Nigeria. The situation is worse for women and young people – with unemployment in the youth population at 33 per cent by 2050, 40 per cent of the world’s poorest people will be in just two countries: Democratic Republic of Congo and Nigeria. We must take action to avert that.”

He insisted that creating jobs would not be a challenge, as he had already employed between 45 to 50,000 people in his private companies.

He said he would invest heavily in information and communication technology to fight corruption, and automate government processes to reduce human interface with money, while also instituting greater transparency and efficiency in governance.

Corroborating his views, Obi noted that there is nowhere else in the world where fighting corruption is an economic policy.

“The country is more corrupt today than it was yesterday. Once the principal is not corrupt, you would have reduced corruption by at least 70 per cent. If governance becomes automated, all leakages in ministries, departments, agencies (MDAs) will be eliminated,” he stated.

On restructuring, Atiku said he was supporting the move to ensure a reduction in the size of government, insisting, “I will ensure that I hand over some responsibilities to other components of government. That is why I am impatient to see that the country is restructured.”

Share Cheers!
  • 3
    Shares

Join us today, become a news contributor to The Liberty Times™ Put on your story-telling hat and share a story to Liberate your mind today! TOGETHER WE SPEAK, and THE WORLD LISTENS! Send your stories to email: admin@tlt.com.ng Use the hashtag #TLTNEWS247 | tweet to @TLTNEWS247 | fb messenger www.m.me/TLTNEWS247

Advertisement
Comments

Politics

Imo: House of Assembly recalled five members it suspended for months

Published

on

Imo State House of Assembly has finally recalled five of its members it suspended six months ago over alleged “un-parliamentary” conduct.

The lawmakers were recalled during the Tuesday plenary of the state Assembly presided over by Speaker Acho Ihim.

Announcing their recall, Ihim said the lawmakers were recalled after invitation for an interaction during the Assembly executive session.

The Imo State House of Assembly had in October 2018, suspended the lawmakers on allegations bothering on un-parliamentary conduct.

The recalled members are Chiji, Uche Oguwuike, Ifeanyi Nnataraonye, Donatus Onuigwe, and Kenna Nzeruo.

Share Cheers!
Continue Reading

Politics

Senator: Buhari has no favourite candidate – Yusuf

Published

on

The Senator representing Taraba Central senatorial district, Yusuf Abubakar Yusuf, on Tuesday disclosed that contrary to speculations in certain circles, President Muhammadu Buhari was not supporting any particular aspirant for the office of the 9th Senate President.

Speaking with select newsmen in his office, Yusuf stated that Buhari told the aspirants to go into wider consultations with their colleagues in the hallowed chamber for support.

In his words, “I’m only speculating Mr. President on this issue.

“Buhari has no particular aspirant in mind to support. He said everybody is free to contest.

“He has asked all interested aspirants that they are free to aspire but urged them to consult widely with their colleagues for support.”

When further grilled, the Taraba senator said nobody among the aspirants should be contented with being nominated by the ruling All Progressives Congress, APC, leadership.

He added, “Since the position was zoned to the North-East, it is the duty of the lawmakers from the geo-political zone to harmonise and have a consensus candidate”.

Share Cheers!
Continue Reading

Politics

President Buhari congratulates newly elected Isreali Prime Minister

Published

on

President Muhammadu Buhari has congratulated Prime Minister Benjamin Netanyahu of the State of Israel on his victory in the parliamentary election.

President Muhammadu Buhari

Buhari in a statement by his Special Assistant on Media and Publicity, Malam Garba Shehu, in Abuja on Sunday, extended best wishes to the people of the State of Israel in the aftermath of the successful conclusion of the poll.

The Nigerian leader, who also wished them peace, progress and stability, said he looked forward to continue to work with the Israeli Prime Minister to strengthen existing cordial and mutually-beneficial relations between the two countries.

Buhari wished Netanyahu a successful new term in office and prayed that his record fifth term would bring enduring peace and security to the Middle East.

Share Cheers!
Continue Reading

Politics

APC challenges Atiku’s nationality. The former vice president replies

Published

on

Atiku Abubakar, the Peoples Democratic Party (PDP) presidential candidate in the 2019 election, has said the All Progressives Congress (APC) does not deserve an answer, after contesting his Nigerian citizenship.

The former vice-president stated this in a statement, signed by his media aide, Paul Ibe, on Saturday.

Atiku and the PDP are challenging President Muhammadu Buhari’s victory at the Presidential Election Petition Tribunal, claiming that from the data in INEC’s server, he actually polled a total of 18,356,732 votes while Buhari recorded 16,741,430.

But APC urged the tribunal to dismiss PDP’s petition for incompetence, arguing that Section 131(a) of the Constitution stipulates that a person must be a citizen of Nigeria by birth to be qualified to contest for the office of the President.

Atiku’s statement read: “Dear citizens of our beloved country, Nigeria, His Excellency, Atiku Abubakar, told us previously that he has verifiable and incontrovertible evidence to show that the last Presidential elections were fraudulent, not credible and did not reflect the will of the Nigerian people, and he has been vindicated by the response of the All Progressives Congress and its candidate, President Muhammadu Buhari, to his petition to the Electoral Tribunal hearing the petition he filed.

“The former Vice President based his case on facts and statistical evidence and challenged both the Independent National Electoral Commission (INEC) and the APC, to disprove his factual submissions.

“The fact that the APC chose to base its defence on the ridiculous assertion that the Waziri Adamawa is not a Nigerian should show to Nigerians the type of characters we have in the APC and its government, whose legitimacy runs out on May 29, 2019.

“The position of the APC is so pedestrian and shows such straw clutching desperation on their part, that I shall not dignify it with an answer. Our lawyers would, of course, do the needful in court. But the point I want to draw the attention of Nigerians to is that both the APC and its candidate have by this infantile logic admitted to the fact that they trampled on the will of Nigerians and that their only defence is to attempt an unconstitutional redefinition of the term ‘Nigerian’.

“I am, however, confident in the Nigerian judiciary, as well as in the Nigerian people. I trust that the Tribunal will treat such a claim with the contempt it deserves. We must maintain our fidelity to the rule of law and to our fountain of origin, the 1999 Nigerian Constitution (as amended).

“Atiku Abubakar has served our nation diligently in various capacities, form the civil service, where he rose through merit, to the top of his chosen field, to public service, where, by the grace of God, he was the Vice President of the Federal Republic of Nigeria.

“Moreover, he has committed his assets and talents to developing our nation through the provision of tens of thousands of direct jobs and hundreds of thousands of indirect jobs.”

Atiku added that those who have made Nigeria the world headquarters for extreme poverty, are the very people whose Nigerians should be in doubt “and not a man who worked with President Olusegun Obasanjo to double the per capita Income of our nation in less than eight years.”

Share Cheers!
Continue Reading
Opinions expressed by our Contributors are their own. We have robust systems and procedures in place to check that all articles submitted and published are unique and exclusive to The Liberty Times™ Nigeria. If you need to flag any content as abusive, CLICK HERE to email us. LEARN MORE about becoming a News Contributor.

@NORTHERN.FINEST

  • #kano #Nigeria #abuja #arewapeople #arewa #arewaweddings #arewabride #hausa #zazzau #sokoto #katsina #zamfara #kebbi #bauchi
#abujawedding #slayqueen
  • #kano #Nigeria #abuja #arewapeople #arewa #arewaweddings #arewabride #hausa #zazzau #sokoto #katsina #zamfara #kebbi #bauchi
#abujawedding #slayqueen
  • #kano #Nigeria #abuja #arewapeople #arewa #arewaweddings #arewabride #hausa #zazzau #sokoto #katsina #zamfara #kebbi #bauchi
#abujawedding #slayqueen
  • Be sure to reach your young & vibrant audience with a repost from my handle.. Don't miss this opportunity! We can also create very attractive graphic design for you ads. This offer is for limited time only!!! #kano #Nigeria #abuja #arewapeople #arewa #arewaweddings #arewabride #hausa #zazzau #sokoto #katsina #zamfara #kebbi #bauchi
#abujawedding #slayqueen #northernfinest

Follow Me!

Tags cloud

@TLTNEWS247