Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,161,941 members, 7,848,802 topics. Date: Monday, 03 June 2024 at 10:31 AM

Atiku And Privitisation Programme Under Obasanjo - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Atiku And Privitisation Programme Under Obasanjo (353 Views)

How Economy Fared Under Obasanjo, Yar’adua, Jonathan, Buhari / See The Moment Atiku Admitted The PDP Looted Funds Under Obasanjo / Emmanuel Ikechukwu, RCCG Pastor, Declares For Presidency Under Obasanjo’s ADC (2) (3) (4)

(1) (Reply) (Go Down)

Atiku And Privitisation Programme Under Obasanjo by vincoye: 4:11pm On Nov 01, 2019
Where are these companies today?
Nigeria Airways, where over 20.000 employers were sacked without pensions.
PHCN/NEPA
NigerDock
FEDERAL SECRETARIAT IKOYI
NITEL
Daily Times
Ughelli Power
Egbin Power
NICON Insurance
ALSCON
Transcorp Hilton Hotel
NICON Luxury Hotel
Sunti Sugar Ltd
NetCom House
Bacita Sugar Ltd
MM2.

They were sold by Atiku when he headed the privitization programme under Obasanjo.

Nigeria Port Authority reform was purely contrived to grab landed properties. 10,000 workers were sacked & 133 bids opened for NPA properties consisting of 68 properties in Apapa, 28 houses in Ikoyi. The highest reserves bid was for a property in Ikoyi fixed at N390.4 Million.

ATIKU Mr Job creator should explain what happened to NigerDock, which was the largest ship fabrication yard in West Africa sub region.

When it was sold, its Ex-MD Engr. Nkpubre Okon, openly stated how "Mr Job Creator" ignored the Transport Ministry then to Open bid for NigerDock. Atiku's preferred bidder, 'Global Energy' that agreed to increase NigerDock's workforce from 4,800 to 6,000 as part of privatization agreement dismissed 2,200 immediately it took ownership. Jagal Group that took over after Global Energy lost out on power play also sacked 1,400. Where is NigerDock today?

Atiku, Mr Job Creator forgotten how 7000 railway workers were sacked in 2005 without compensation to reduce its workforce to 6,300? Another 1,260 were fired in 2006. When ATIKU and his Headmaster were leaving in 2007, they left ~N5 Billion in unpaid Railway pension arrears which Buhari has cleared.

ATIKU to sell NNPC, he should first tell us how his privatisation of the following companies benefited Nigeria AND where are the proceeds?

Nafcon (Built with $3.2b but sold by Atiku for $130m. The Russian firm that bought did not even pay to the federation account..Somebody went behind to collect the money)

Eleme Petrochemical (sold for $27m).

NEVER AGAIN!!!!!!

1 Like 1 Share

Re: Atiku And Privitisation Programme Under Obasanjo by budaatum: 4:44pm On Nov 01, 2019
Now he's asking you all to vote for him so he can sell the goose that lays the Nigeria golden egg so he can cook it and sit down and eat it like he ate up those companies he ate up under his big fat belly campadre and my kinsman obj!

I swear to my fellow Nigerians, that if we ever become so stupid that we elect Atiku as the President, I will sit down and eat the Nigerian goose that lays the golden eggs with them, because, those who are too stupid to not learn from Aesop, definitely deserve to starve!

Re: Atiku And Privitisation Programme Under Obasanjo by helinues: 4:45pm On Nov 01, 2019
Pls dont remind us again

We have moved on from that

(1) (Reply)

When You See Mountains Of Waste, It Tells You That People Are In Aba - Ikpeazu / Minimum Wage Arrears Is To Be Expected In November / Self-Acclaimed “Buhari Tormentor",Reno Omokri Resigns From Wailership

(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. 13
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.