BIAFRA: A Nigerian senator, Shehu Sani, has described proponents of sale of the country’s national asset as “economic predators and profiteers who want to take advantage of the situation in the country.”
Mr. Sani, who is the Chairman, Senate Committee on Foreign and Local Debts, said in a statement to PREMIUM TIMES on Friday that “Nigeria’s capitalist forces raped Nigeria to recession and now they want to kill and bury it.”
Nigeria is currently going through one of the worst recessions in its history, due to the crash in oil prices.
Nigeria’s business mogul and Africa’s richest man, Aliko Dangote, recently suggested that it makes more economic sense to sell off the country’s remaining asset like the multi-billion dollar Nigeria Liquefied Natural Gas Limited, and the Nigeria National Petroleum Corporation Joint Ventures, and use the proceeds to help the economy out of recession.
Mr. Dangote’s suggestion, backed by the Senate President, Bukola Saraki, and the Governor of Central Bank, Godwin Emefiele, has sparked off intense debate among Nigerians.
Mr. Sani, from Kaduna State, condemned the suggestion as being against the interest of the nation.
He said privatisation in Nigeria has not delivered the much-anticipated efficiency and services other than enrich a few fronts and their masters.
“There is currently nothing to show for the sale of government houses, (and) firms. The advocates of sale of our collective national asset simply want to dispossess Nigerians and expand their business empire.