It will be recalled that Atiku Abubakar said he will sell the Nigerian National Petroleum Corporation and retain just 10 per cent of the company for the Federal Government. Atiku said this in an interview with ‘The African Report’, a monthly publication. On whether he would sell the NNPC and keep 10 per cent shares for the government, he said, “Yes, I would want to go ahead. There is no doubt about that. The government should have a very minor shareholding. Nigeria is in dire need of funds to develop its infrastructure and other sectors of the economy.” Reacting, Shehu Sani said: “Selling 90% of the NNPC as a campaign promise is being brutally frank and honest. But it’s a condemnable proposal and a dangerous intention. Auctioning the country has not helped in the past and will not help in the future.”


Subscribe ToTheNigeriaLawyer News!