Former vice-president and presidential candidate of the Peoples Democratic Party Party (PDP), Atiku Abubakar, has stated that the commercialisation of Nigerian National Petroleum Corporation (NNPC) Ltd. by the Federal Government is a step in the right direction, but doesnt go far enough.
Reacting to the official unveiling of the NNPC Ltd. in a tweet yesterday, the PDP presidential candidate noted that though the move was a step in the right direction, it is still far from what he envisaged when he promised to privatise the corporation.
Atiku recalled that the All Progressives Congress attacked him when he made a case for the privatisation of the NNPC, but the same APC government has taken an initiative in the same direction.
He said, I had in 2018 made public my plans to reform the NNPC to make it more profitable, transparent and efficient. The APC-led government denigrated me for my patriotic vision; but today, I am happy to note that the same government has taken a tentative step along the lines of the suggestions that I had made. It is a step in the right direction, but we are still far from what I had envisaged”.
I hope Ill have the opportunity to complete the process of turning the NNPC into a genuinely world-class company in the mould of NLNG, Aramco of Saudi Arabia and Petrobras, of Brazil, where Nigerians and institutions will invest in, he further stated.
