A man who supervised sales of over 145 federal investments as a vice president, without a thought for the future and today he dares accuse president Bola Tinubu of mortgaging our future.
In the words of H.E Peter Obi, if Nigerians are in doubt of all that I’ve said, they should ‘Go and verify!’
“To . Atiku Abubakar, in the Christian bible the book of John chapter 8: verse 32 says ‘And now you know the truth, and the truth will set you free.’ Learn to be a statesman rather than a salesman.”
“In 2007, Onigbolo Cement operating at 500,000 tons per annum was sold to Dangote at N1.7Bn. May I remind H.E ATIKU ABUBAKAR of Senate public hearing of August, 2011 which succinctly captures how Atiku through retinue of cohorts, fronts, shell companies, ring fenced over 70% of FG’s assets through a brazen daylight robbery privatization that he supervised. What I stated isn’t sensational. Its real life facts and all the Senators are alive today.
“The 2011 privatization Senate committee was made up of Senator Ahmed Lawan – Chairman, Senators Babafemi Ojudu, Philip Aduda, Mohammed Ndume, Ifeanyi Okowa, (I’m surprised he accepted to be his running mate in 2023), Hope Uzodinma and Mohammadu Magoro.
“Let’s look at Aluminum Smelting Company, ALSCON, which Atiku privatized. ALSCON, which Nigeria built with $3.2 billion, was sold to a Russian firm, Russal, for $130million. As of the time of sale, ALSCON had received $120million for the dredging of Imo River, but it was never done. When the Senate Sitting of August, 2011 asked the Russian company the whereabouts of the $120million dredging money, the company’s then Deputy Managing Director, Vitaly Kuzrestov, said that the money has been used for Environment Impact Assessment.”
“The Federal Government’s Five percent share in Eleme Petrochemical worth USD27 million was never presented at the National Council on Privatization before it was sold to Indorama. Indorama recovered this amount selling Polyethylene and Urea to the entire West Africa sub-region in just 14 months.
“The Atikulated Business Theory is a process of selling to yourself government assets that leaves millions in penury, to set his personal businesses that provide for a few. Atiku didn’t employ the few hundreds he employed because he likes them, he needs them to work to preserve what he took from the Government that mortgaged our future.