Atiku backs FG’s decision to privatise refineries and other assets

Former Vice-President, Atiku Abubakar, has backed the decision by the Federal Government to privatise some of its assets.

Atiku Abubakar says the decision to privatise refineries and other assets is better late than never.

Atiku disclosed this in a social media statement on Sunday morning, titled: ” Privatisation of Refineries and Other Assets: Better Late Than Never”.

According to him, “For decades, I have championed the privatisation of our economy and full deregulation of our oil and gas sector, amongst other sectors, for greater service delivery and efficiency”.

He disclosed that during his period as Chairman of the National Council on Privatisation, he oversaw privatisation policies which boosted economic growth to 6% GDP growth and also created jobs and “amass the national wealth that enabled us exit the debt trap, and secure our financial independence.”

Atiku revealed that during the 2019 Presidential campaign, his plan to privatise the refineries was attacked by the APC, however, he urged that privatisation comes better late than never, as Buhari’s administration has now embraced reason.

Recall that it was reported last week that the FG is proposing to sell or concession no fewer than 36 of its properties to raise funds, largely to finance the 2021 budget. The assets include the Abuja Environmental Protection Board (AEPB), the Abuja International Conference Centre (ICC), some unnamed refineries, the Transmission Company of Nigeria (TCN), Abuja Water Board, Nigerian Film Corporation, and many others

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