ubamobile

access ad

ziva

Mon. May 5th, 2025
Spread the love

The Nigeria Labour Congress (NLC) on Sunday  expressed concerns over the statement by Director General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Dikki, who was reported to have announced that plans have been concluded by the BPE to privatise refineries and commercialise the Nigerian Television Authority, the Federal Radio Corporation, the News Agency of Nigeria, Nigeria Films Corporation, Skypower Catering and Hotels Services and the Commodities and Exchange Commission as well as the partial privatisation of Bank of Agriculture and the Bank of Industries and the commercialization of national parks.

According to NLC President, Comrade Abdulwahed Omar, the haste with which government seemed determined to sell off public properties to members of the ruling class and their cronies under the guise of making them more efficient is alarming.

“There is the need for caution because these properties belong to the Nigerian people as a collective wealth, and the people have never been consulted and their interests considered before the sales”, he said.

“It is scandalous that the same government which had always promised to use the gains from petroleum price increases, which it has received over the years,   to reactivate existing refineries and build additional ones can turn around to announce the privatization of refineries”.

He described the plan as clearly unacceptable, especially as members of the public have strongly opposed this attempt several times in the past, even on the floor of the National Assembly.

“There is no evidence that previous privatisation exercises have succeeded. The major privatisation exercise that was implemented against public interest recently is electricity and ever since that exercise, electricity supply have worsened, while consumers pay higher even as the lights have gone off under excuses that questions the competence of the new electricity companies”, he added.

“Government should not abdicate its social responsibilities by selling off everything that delivers services to the people. This is unwarranted, especially in a country where poverty and unemployment has become endemic coupled with the collapse of industries”.

Omar argued that what the country needs not a blind adoption of neo-liberal policies that mortgage the interests and future of our people. He observed that since the economy depends largely on the oil industry, then the industry cannot be handed over to private individuals, else the entire economy would become private property run by private individuals, mostly cronies of those in government, against our collective interests.

He therefore advised the BPE to stop the proposed sales, while calling on the National Assembly to probe all previous sales and retrieve public properties that may have been sold to private interests.

“We must not allow the continuation of the robbery of our collective interests”, he said. “Private individuals can build their refineries, but government must reactivate, maintain and take full charge of existing public refineries and also build new ones”.

 

 

About the author: Emmanuel Asiwe admin
Tell us something about yourself.

By admin