[b]Sell it!
Exactly what is required Now to get huge dollars to bail out the country.

Many of these assets are holes in the pocket of the federal government through which money is being siphoned!. Huge sums are budgeted every year for turn around maintenance of the refineries, but yet they never work, money is just shared. The single airport (MMA2) ran by concessionaire is clearly more efficient than the one, ran by government with power outage daily.!

Government is not able to finance the JV companies as they should and surely needs to reduce its cost exposure as bulk of the FGN revenue from the Oil sector is tax anyway. And selling its stake in the companies will have only little effect on its revenue. this because bulk of its budget for JV operations goes into funding corruptions and inefficiencies in the machineries of government.

The only one that should really not be sold is the NLNG. This is currently run as and by private sector. It is an incorporated JV and government is a share holder that gets lots of dividend from it. Government revenue from NLNG is from the declared profit as opposed to tax in the upstream companies.[/b]

Cutehector:



If Buhari sells the NLNG to Dangote then Nigeria is in big soup

dangote want to take Advantage of us because we are in recession, how can you suggest for us to sale our LNG to you after we award the operational incense to Refinery, after all your monopolization of the some of the product during previous Administration contributed in what we are suffering today.

Cutehector:



If Buhari sells the NLNG to Dangote then Nigeria is in big soup

Not big soup but deep hot fire.

None of those Assets has been helping Nigerians rather the managers have been reaping profits to their pockets.

Cutehector:



If Buhari sells the NLNG to Dangote then Nigeria is in big soup

my brother infact it bigger than hot soup.i learnt that FG wants to sell this most bastard billioneirs in North and south west so that when the con3 disintegrate the assets sold based on their locations will make the remaining resources to such zone useless. why not sell Ajuokuta steel mill,Nigeria and rail transportation aviation sectors,the National house of assembly,the river ports etc

The refineries should be sold. They are white elephants.

You can't asset strip NLLG as the company is worth more than the assets. Assets stripping booms when the assets are worth more than the company.

NNPC should be sold but not now as oil prices are low. If the price should hit $65 or more, a sale will" be a good idea

Pls let them sell the national assembly. It's a waste pipe already

Those thieves after looting all our dollar reserve want to share our national assets b/c of small recession which we can overcome.Thunder fire them!

I beg to disagree here! These three assets are either milking Nigeria dry or not functioning at optimal level for their presence to be felt.

In the NLNG market, Nigeria is not really a big player when it comes to supplying other countries ...we have the reserve though but the reserve is not going to be part of the deal or would it?

The refineries are just seating duck refining nothing. They're probably outdated and the Niger Deltan won't allow it to thrive so why not sell and allow the buyer manage the crisis?

NNPC we all know is just a cash cow being milked by the staff.

We all heard same thing when NEPA and NITEL were privatized but today we're almost there.

Cutehector:



If Buhari sells the NLNG to Dangote then Nigeria is in big soup

If you have ever benefited from this so called national Asset identify by raising up you hand. The truth about this, nobody amongs us will come out to say he/she has ever benefited from the National Asset apart from the cabals that has being milking us all this years. Mr. President, OLX is waiting sell it.

MrBONE2:
my brother infact it bigger than hot soup.i learnt that FG wants to sell this most bastard billioneirs in North and south west so that when the con3 disintegrate the assets sold based on their locations will make the remaining resources to such zone useless. why not sell Ajuokuta steel mill,Nigeria and rail transportation aviation sectors,the National house of assembly,the river ports etc

lol infact, Buhari should sell Nigeria as a whole make we rest Mark Zuckerberg is willing to buy

Goods already sold

nyben4eva:


Who are the majority members of the house,are they not his brothers?Let's watch and see how the whole drama unfolds,Don't forget that Dangote has also bought part of Saipem.I wonder what becomes our fate as the control us politically and economically.These people are more dangerous than snake.

Ok wo. After we go say hausa man no get sense.

veekid:
This guy man should juzz re-sign instead of running the country like poultry ............
Nobody shouldn't even try to stop him; let him put the country on eBay and dispose #uneducated illiterate

Shut the f up already. Where did the issue of assets selling ever come from the presidency? Wasn't Dangote and co making the suggestion? You call someone an uneducated illiterate yet you can't seem to read to understand.

Look in the mirror, the real illiterate is staring right at you.

Buhari is a dullard..... we have 12 Presidential jets and according to it current market price none of the. is less than 30million dollars, therefore $30m X 10jets = $300m the dullard can manage 2 jets to junket around the world.... NASS Assembly is of no use to us, Dangote is looking for a way to get his filthy finger on our resources, it won't work... Say No to northerncracy

Buhari is a dullard..... we have 12 Presidential jets and according to it current market values none of them is less than 30million dollars each therefore $30m X 10jets = $300m the dullard can manage 2 jets to junket around the world.... NASS Assembly is of no use to us let them sold it off as well, Dangote is looking for a way to get his filthy finger on our resources, it won't work... Say No to northerncracy

amagunnerfan:
Shut the f up already. Where did the issue of assets selling ever come from the presidency? Wasn't Dangote and co making the suggestion? You call someone an uneducated illiterate yet you can't seem to read to understand.

Look in the mirror, the real illiterate is staring right at you.

Bluffing

Lol. This guy is gonna sell them to himself and his cronies. By the way, what's all this craze after petroleum again na? Shebi una say them don discover petroleum everywhere in Nigeria?

waiting de worry dis government, y selling our asset, dnt even tryam

Jesusloveyou:
nawa oo for this country, the way many pple dey reason nowadays, i dont know if recession is affecting our brains. d constitution said- dont sell our national resource, but this 3 assets we are about to sell are not national resource , they are companies. the only national resoures i know, are crude-oil, solid minerals and water-ways etc.

Xo it is justifiable to sell the country's source of wealth abi?
I hope u aint deluded because of this recession of a thing.
Even though Nigeria is currently undergoing recession, we are stil not liquidated to the extent of selling the main power house of Nigeria's revenue. We sell the country's right on those company, then the country is at the hand of those so-called polithiefians who will eventually mortgage the future of this country.
My opinion:
Mid-Privatisation(50-50 ownership by govt & entrepreneurs) should do the magic.

I think is you the recession is hiting harder. what pmb want to sell is our national assets not natural resources.

W

GenBuhari:
[size=13pt]I suspect Dangote is enemy of Nigeria. All the assets handed to him virtually for free by a known enemy of Nigeria and puppet of the white man, Thief Obasanjo, suggests Dangote is likely a front for the white man to strip Nigeria and indeed Africa, of assets and wealth.

What has Dangote done with all the wealth handed to him to benefit Nigeria?

Instead he is allegedly investing in other countries (could this be a way of repatriating profits to his white masters?)[/size]

What is this one saying... are you thinking with your anus?

I don't value the idea one bit. What is the gain in the long run. Dangote would smile to the bank at the end. The country would cry foul.#GodBlessNigeria

Jokerman:


Chai!!! ... u better change ur name to [/b]Allahlovesyou...[b]

So you want FG to sell Nnpc, lng etc... Hope u are not confused sir....

What's that supposed to mean?
This is how you cause religious e wars.

HoldenCaulfield:
Lets sell the whole country, give everyone his own share and part our ways.... Fair enough yes?

GenBuhari:
[size=13pt]I suspect Dangote is enemy of Nigeria. All the assets handed to him virtually for free by a known enemy of Nigeria and puppet of the white man, Thief Obasanjo, suggests Dangote is likely a front for the white man to strip Nigeria and indeed Africa, of assets and wealth.

What has Dangote done with all the wealth handed to him to benefit Nigeria?

Instead he is allegedly investing in other countries (could this be a way of repatriating profits to his white masters?)[/size]

what more can he do than he is doing. Atleast hes companies is employing over 10,000 nigerians directy and indirectly .and he is doing far better than d thiefing people who have no better idea than to stash d money abroad. When u see some one who deserve some encouragement pls try and encourage him for d little he has done. That does not mean he s a saint., but he has contributed far positively than d other priviledged ones

Cutehector:
lol infact, Buhari should sell Nigeria as a whole make we rest Mark Zuckerberg is willing to buy

if Buhari wish to sell nigeria he should start with his family including his Daura Cows first ,followed by Daura then katsina state,then North Western part of the con3 B4 the rest if he have the liver like liverpool let him try it and see the wrath of the Great One of KiVuKi Land Guwarad him.

yom2:
what more can he do than he is doing. Atleast hes companies is employing over 10,000 nigerians directy and indirectly .and he is doing far better than d thiefing people who have no better idea than to stash d money abroad. When u see some one who deserve some encouragement pls try and encourage him for d little he has done. That does not mean he s a saint., but he has contributed far positively than d other priviledged ones

If all we gained from the billions of dollars of wealth transferred to him is few thousand low paying employment, then we have been scammed.

Why is he transferring our wealth abroad by allegedly building plants and factories abroad?

[quote author=Adesolomon2014 post=49614696]
Xo it is justifiable to sell the country's source of wealth abi?
Even though Nigeria is currently undergoing recession, we are stil not liquidated to the extent of selling the main power house of Nigeria's revenue. We sell the country's right on those company, then the country is at the hand of those so-called [i]polithiefians[/i]did i hear u say source of wealth? how much have u generate from d so called national assets which is wasted properties.

Cutehector:



If Buhari sells the NLNG to Dangote then Nigeria is in big soup

I suspect he wants to sell it to him,going by that Dangote response.

I smell foul play!
SS/SE pls open your eyes cos dis abokis/afonjas wanna reap us off our assets which are our strong-hold and major source that sustains the entire economy, after syphoning all, they can now let us go as Biafrans. Case study of Ajakuta steel complex which have nothing to show for today.