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Saturday, January 19, 2019

BMO speaks on Atiku’s plan to sell national assets

The Buhari Media Organisation (BMO) on Saturday alleged that the Peoples Democratic Party (PDP) and its presidential candidate, Atiku Abubakar, do not have any concrete plan to better the lot of Nigerians, but to sell the nation’s remaining assets to friends and cronies.
In a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, the group said Nigerians must be wary of presidential candidates who say they have no problem selling national assets to their friends and cronies.
Atiku had told the business community in Lagos that he was not seeking the presidency to enrich his family member but his friends.
Against that backdrop, BMO said the promise by the PDP candidate to sell the NNPC was yet another proof that the Peoples Democratic Party (PDP) and its Presidential candidate have no plan for the good of the country.
“We certainly were not shocked to hear the PDP Presidential candidate deliver what clearly sums up the Atiku Plan-unbridled sale of national assets.
“It was clear from the stunned look on the faces of the cream of Nigeria’s business community present at the occasion that an Atiku Presidency would only be for the benefit of friends as well as cronies of the PDP Presidential candidate.
“We had in the course of an earlier statement dropped hints about promissory transactions that the former Vice President had sealed on national assets including the Nigerian National Petroleum Corporation (NNPC).
“And now that he has with his own mouth confirmed his plan, it is clear that Atiku Abubakar and national assets are two entities that should not be allowed to come together.”
The group said it is also public knowledge that many people lost their jobs in the questionable deals, saying “some of the highly prized assets that were sold at ridiculous prices include Aluminium Smelter Company of Nigeria (ALSCON) whose sale had been the subject of a litigation between two foreign firms since the 2004 bid process won by the US-based BFI group.
“Nigeria is on record to have lost billions of naira to that intractable transaction that is now before the Supreme Court because of the obvious lack of transparency.
“Daily Times was also sold in questionable circumstances and its assets stripped just like that of Nigeria Airways without any real benefit to the Nigerian state, apart from unpaid benefits to the former staff.
“There is also INTELS which Nigerians now know is partly owned by Atiku Abubakar which was granted concession to run the Onne Port and manage the Pilotage at Apapa Ports on the former Vice President’s watch.”

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