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Privatisation Of Refineries: Atiku Lauds FG Says Better Late Than Never

by Present Nigeria
February 21, 2021
in News
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Atiku Approves 33,000 Naira Minimum Wage For His Over 100,000 Workers
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Former Vice-President, Atiku Abubakar has commended President Muhammadu Buhari’s decision to privatise the nation’s refineries, saying it is always better late than never.

In a statement on Sunday, Atiku who recalled how he had championed the privatisation of such government assets and how the idea was scorned by the Buhari administration said he is most fulfilled that the same administration is now facing reality and has now embraced reason.

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He however urged government to ensure a transparent process noting that it is the only way to ensure that Nigeria reaps the greatest economic benefits from this policy

” For decades, I have championed the privatisation of our economy and full deregulation of our oil and gas sector, amongst other sectors, for greater service delivery and efficiency.

” As chairman of the National Council on Privatisation, I advanced these policies which saw our economy achieve 6% GDP growth and created jobs for the masses of our people, and amass the national wealth that enabled us exit the debt trap, and secure our financial independence.

” Even though my ideas were scorned by the All Progressives Congress led Federal Government over the years, I am nevertheless most fulfilled that an administration that once failed to see the wisdom in these sound economic policies, is now facing reality and has now embraced reason, by announcing the privatisation of our refineries and other assets, which have not always prospered under public management.

” It is always better late than never. And I commend the Federal Government for coming on board.

” I urge that the privatisation process be as transparent as possible, as that is the only way to ensure that Nigeria reaps the greatest economic benefits from this policy.

” It was never about me. My interest has always been the peace, prosperity and progress of Nigeria, and I am happy to share these ideas, and others, with the government of the day, for the betterment of our nation and its people.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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