I Would’ve Sold 10% Of NNPC If I Was President – Atiku

Former Vice-President Atiku Abubakar had said he would have sold 10% of the NNPC if he was elected the President of Nigeria when he ran.

Atiku made this remark on Tuesday, May 31, 2016 while urging Nigerians to give President Muhammadu Buhari a “pass mark’’ for his efforts in the first year of his administration.

He made the call in Abuja at the launch of a book titled “We Are All Biafrans’’ written by Chido Onumah.

According to Atiku, who was chairman at the occasion, of the five areas the Buhari administration pledged to face, he has accomplished two and should be encouraged.

“He promised to look into issues like power, insurgency, unemployment, corruption and diversification and if you are to take two out of five, you can give him a pass mark.

“He has dealt with corruption and with Boko Haram. For power, give him time,’’ he said.

Atiku said that power supply issue was complex, adding that unless the Niger Delta issue was resolved Nigeria may not get electricity soon.

“I think the Niger Delta should be handled with a stick and carrot approach. In 2007, before I ran for president, I met with various stakeholders on the Niger Delta issue and they came up with a policy.

“Part of the recommendations was that the ministry be moved to the Niger Delta and not Abuja. We have had administrations that did not do their homework on the Niger Delta.

“If I had won, I would have sold 10 per cent shares in the NNPC; that will give me 20 billion dollars which would build infrastructure for the Niger delta but we will always end up with accidental leadership.

“Bring peace and development to the Niger Delta then they will stop blowing up pipelines. Then, we will get gas and then power can be stable but until then, we will not get it.’’

Other recommendations he gave for a better Nigeria were “a smaller, leaner Federal Government with reduced responsibilities. This means devolution of powers and resources to states and local governments.

“State and local governments should control education, health, agriculture, roads and other infrastructure.

“A true federal system will allow the federating states to keep their resources while the Federal Government retains the power of taxation and regulatory authority over standards.

“The result will be a political and governmental system that empowers local authorities and gives them greater autonomy to address peculiar local issues, while enhancing accountability and contributing to the general good of the country.

“Such a robust federal system will reduce the tensions that are built into our current over-centralized system,’’ he said.

The former president also preached autonomy for states, a tax-centred revenue base, enhanced, diversified economic activities and productivity in order to enlarge their tax bases.