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Don’t Sell Off NNPC, Group Tells Atiku



The Atiku-Agbaje Media Engagement Network (AAMEN) has appealed to the presidential candidate of the Peoples Democratic Party (PDP), former Vice President Atiku Abubakar, to rescind his decision to sell 90 percent government stake in the Nigerian National Petroleum Corporation (NNPC) once elected into office.

AAMEN who gave the counsel through a press statement signed by its Executive Director, Felix Oboagwina made available to journalists pointed out that the late President Umar Yar’Adua had won accolades for reversing the privatisation of the nation’s four refineries.

The group said their resentment as displayed in the criticisms that trailed the policy demonstrated that Nigerians wanted government’s vigorous involvement in the running of the corporation.

“We hope His Excellency, the former Vice President, was misquoted on this highly sensitive proposal,” Oboagwina said, noting that.

, “The groundswell of opinions so far collated on this matter wants Alhaji Atiku to think outside the box for solutions to the obvious ineptitude and corruption be-devilling the corporation.”

AAMEN advised Atiku to direct his mind towards probing NNPC, recovering looted funds and positioning the corporation for accountability, integrity, professionalism and profitability.

It also urged Atiku to commit to perfecting, signing and implementing the Petroleum Industry Bill (PIB) within six months of coming into power.

AAMEN would want Atiku to reopen scandalous NNPC cases like the $25 billion scam alarm raised by the Minister of State for Petroleum, Dr. Ibe Kachikwu, against the corporation’s Group Managing Director, Mr. Maikanti Baru, that President Muhammadu Buhari appeared to have swept under the carpet.

While acknowledging that the rot in NNPC, especially in the current APC dispensation, stank to the high heavens, AAMEN said that selling off the country’s shares in the organisation would reduce the Federal Government to an ordinary rent taker.



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