A civil society group, the New Nigeria Initiative (NNI) has said Nigeria is still suffering from the rot of the 16 years misrule of the Peoples Democratic Party (PDP), saying Nigerians must ensure that the party doesn’t return to power in 2019.
Addressing a press conference in Akure on Sunday, NNI national convener/president, Dr Idoko Ainoko, said unfortunately, both the current PDP presidential candidate, Atiku Abubakar and former President, Olusegun Obasanjo played a huge part in the 16 years of the PDP rule.
“By the time the party-PDP was done after spending 16 continuous years in power, our country was left with degraded infrastructure; poorly motivated and poorly equipped military, a dwindled federal reserve, poor health-care system, abysmal educational system, and epileptic power supply. Almost all sector of the Nigerian architecture were in shambles,” he said.
ALSO READ: The right economic model in bad shape
According to him, Nigerians are too grievous to forgive a party that did so much to under develop the country
He said further, “the fascinating thing is that those 16 years were the moment when the country made unprecedented record revenue from oil sales. According to Waziri Adio, the Executive Secretary of Nigeria Extractive Industries Transparency Initiative NEITI, Nigeria earned $592 billion USD from oil and gas sales alone within those period yet the lives of the people were not any better than prior to 1999.
“The figure quoted will definitely be in excess of 600 billion USD if we consider what accrued in the first quarter of 2015 as well. These are humongous figures that exceeded what we made altogether as a Nation in the years preceding 1999. Those years were our golden years. Those were the years when our Universities were rated higher than many American Universities. Those were the years when we had railways functioning almost across all geopolitical regions of the country. We had manufacturing industries littered across the country.
“By 2015 we had become a shadow of ourselves as a country. Refineries collapsed, schools and hospitals were operating far below the standard of what is expected of a developing Nation. Power supply was below 3,000 megawatts, despite claims that over $16b had been expended in the 1999-2015 period on the power sector. We were low on almost all development indices. It was definitely a 16 years of colossal failure.”
“Our question is, what exactly is Atiku Abubakar returning to do for Nigerians that he and his principal didn’t do in their 8 years reign?”
Whilst acknowledging the right of the former Vice president to seek political office, Aidoko said it is shear evil to ask Nigeria to vote again for those who for eight years manipulated almost all processes of government and converted same into their own personal good.
He explained that Atiku presided over the sale of many public companies which rather than put the interest of the nation first, compromised and got many of such asset sold to his friends and cronies, asking why would Nigerians now consider such a man to be the custodian of their interest in 2019
He said after coming this far as a nation under President Muhammadu Buhari and Vice-President Yemi Osinbajo, Nigeria should not make the mistake of going back
If buhari rule Nigeria for 8years no human will remain in Nigeria
HOW ATIKU MADE NIGERIA THE POVERTY CAPITAL OF THE WORLD.
A. NigerDock is the largest ship fabrication yard in West Africa sub region. When it was sold, its Ex-MD Engr. Nkpubre Okon, openly stated how “Mr Job Creator” ignored the Transport Ministry then to Open bid for NigerDock.
Atiku’s preferred bidder, ‘Global Energy’ that agreed to increase NigerDock’s workforce from 4,800 to 6,000 as part of privatization agreement dismissed 2,200 immediately it took ownership. Jagal Group that took over after Global Energy lost out on power play also sacked 1,400.
B. Nigeria Port Authority reform was purely contrived to grab landed properties. 10,000 workers were sacked & 133 bids opened for NPA properties consisting of 68 properties in Apapa, 28 houses in Ikoyi. The highest reserves bid was for a property in Ikoyi fixed at N390.4 Million.
C. NIGERIA RAILWAY
Did Atiku forget how 7000 railway workers were sacked in 2005 without compensation to reduce its workforce to 6,300? Another 1,260 were fired in 2006. When ATIKU and his Headmaster were leaving in 2007, they left ~N5 Billion in unpaid Railway pension arrears.
D. FEDERAL SECRETARIAT IKOYI
In 2006, Babalakin’s Resort Ltd acquired this 15 storeys prime asset overgrown with weeds from atiku and OBJ through a Development Lease Agreement (DLA) for N7.2Billion. A Court has asked Buhari to pay N54 Billion to Babalakin for that blunder.
The DLA, dated October 10, 2006, granted Babalakin Resort Ltd a 99-years lease to redevelop the Federal Secretariat complex, that OBJ & ATIKU had abandoned for 7 years into 480 luxury apartments. This was at the eve of their departure from government. The transaction was one for the road.
The DLA hit the rocks when Lagos State Govt in the interest of the public indicated willingness in acquiring the Federal Secretariat complex. LASG insisted it should be accorded right of first refusal since LASG is the Issuing Authority of the C of O, coupled with other reasons.
Finally, lets compare OBJ & Atiku’s first 3yrs in power to the first 3yrs of PMB that hasn’t retrenched one civil servant, but has bailed out states on salaries. Lets not forget Atiku was in charge of the economy and OBJ gave him free hand until Galaxy Backbone scandal happened.
In 2002, first 3yrs of the Obasanjo/Atiku, manufacturing accounts for 6% of GDP. Nigeria’s GDP fell by half for d first time in 20yrs. This was d year all textile factories in Nigeria closed down and unemployment was 28% within d formal sector alone; I repeat, alone!!
In 2002, UN estimated that 70% of Nigerians live below poverty line compared to 48.5% in 1998 under a military rule. Life expectancy fell from 54yrs to 51yrs. Two-fifth of every child below age 5 were malnourished and only 50% of the 128Million Nigerians have access to clean water.
copied:-
FACTUAL REPORT ON HOW ATIKU SUPERVISED THE SALES OF OVER 145 FG INVESTMENTS AS A VICE PRESIDENT !!!
Please any or all ATIKU supporters or his campaign structure are free to deny these submission with facts not sentiments.
“As Head of National Council on Privatization (NCP), from 1999, atiku dug Nigeria’s economic grave for today’s extreme poverty and unemployment.
There were over 600 federal assets when Atiku’s NCP started selling.
Atiku should tell us who bought what and what was left for the country when he left power.
To who did Atiku sell the following companies:
Nafcon
Eleme Petrochemical
Daily Times
Ughelli Power
Egbin Power
NICON Insurance
ALSCON
Transcorp Hilton Hotel
NICON Luxury Hotel
Sunti Sugar Ltd
NetCom House
Bacita Sugar Ltd
MM2
In 2007, Onigbolo Cement operating at 500,000 tonnes per annum was sold to Dangote at N1.7Bn ?
To those selling Atiku, let me remind you 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.
This is nothing 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, Hope Uzodinma and Mohammadu Magoro.
Lets look at Aluminium Smelting Company, ALSCON, that 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 was never done.
When the Senate Seating of August, 2011 asked the Russian company the whereabouts of the $120million dredging money, the company’s Deputy Managing Director, Vitaly Kuzrestov, said that the money has been used for Environment Impact Assessment.”
FG’s Five percent share in Eleme Petrochemical worth USD27 million was never presented at the National Council on Privatization before t’was sold to Indorama.
Indorama recovered this amount selling Polyethylene and Urea to the entire west Africa sub-region in just 14 months.
The Atikulate Business Theory: Sell to yourself Government assets that leaves millions in penury, to set up personal businesses that provides 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 Government
A man who supervised sales of over 145 federal investments as a vice president, without a thought for today wants to be president.
He didnt revitalize them.
He didnt resuscitate them.
He sold them to whomever agrees to his personal terms
Not up 10% of APC’s.
HOW PDP DESTROYED NIGERIA!!!
Nigerian youths, see how the PDP destroyed your colourful future. See how they shared our Commonwealth and why we are suffering today.
See their confessions when Buhari began hunting them down:
1. I acted based on Jonathan’s instruction – Dasuki
2. I didn’t give order – Jonathan
3. I collected 350M from Dasuki for consultation – Iyorchia Ayu
4. I only collected $30,000 from Dasuki not N100m – Bode George
5. I got N4.6b from Dasuki for spiritual purposes – Bafarawa
6. I got N650M from Dasuki for my Abuja burnt office – Thisday Obaigbena.
7. I got N2.1b from Dasuki for publicity – Dokpesi
8. I got another N100m from Yuguda he didn’t tell me from where – Bafarawa.
9. I gave N100m each to Odili, Jim Nwobodo Bode George and others – Yuguda
10. The president asked me to change N10B to foreign currency for PDP delegates – Dasuki
11. My boss asked me to get $11M from the CBN – Dasuki’s account officer.
12. I got order from above to pay Tompolo N13B for Maritime university land. – Nimasa DG.
13. 950m was shared in my house — Shekarau
With all this looting and many more revealed, some people are still shouting no sign of change yet, they even say it’s political persecution.
WHERE ARE THE #WAILERS?
“Over 20 billion dollars unremitted to the Federation account, and if nothing is done by 2015 upward, Nigeria will know what economic crisis is”
*~ Emir Sanusi Lamido Sanusi*
“Whoever wins 2015 will NEVER find it easy to govern. Over 30 trillion is mismanaged, unaccounted for or missing under Jonathan.”
*~ Prof Charles Soludo*
“Our reserve is depleted and our savings are squandered. Our nation is in trouble.”
*~ Dr Oby Ezekwesili.*
“For seven months, NNPC did not remit any money into federation account. When I called as a sitting governor and major oil producing state, Deziani Alison Madueke refused to pick my calls.”
*~ Godswill Akpabio*
“I told them to save ahead of eventualities but Jonathan had no political will to do so and this is the reason why we are in crisis, because we squandered our boom.”
*~ Okonjo Iweala*
“Okonjo-Iweala, Sanusi urged us to save but we state Governors refused to save for the unseen future during the tenure of Goodluck Jonathan, despite warning from economic experts.”
*~ Peter Obi*
“Jonathan is a blessed ATM machine that doesn’t have secret pin number”
*~ Bala Mohammed*
* Tompolo was paid 13Billion.!
* Ex-CDS,Alex Badeh dug a pit toilet to hide $32m.
* Patience Jonathan is claiming $31m, she has sued the Nigerian state.
* Femi Fani-Kayode took 740M.
* Dasuki used trucks to load over $35B from the CBN.
* Olisa Metuh took 400M.
* Aziboala, GEJ’s cousin took 6B naira.
* Nenadi Usman took 3.5B naira.
* Fayose took 3B naira.
* Obanikoro took 4Billion naira.
* Olu Falae took 100M naira.
* Tony Anenih – 400M naira.
* Oritsejafor – $35M
* Former Air Chief Amosu – 2Billion naira.
* Lucky Igbinedion-16B naira.
*Bode-George and Dabo -100B naira
* Jolly Nyame-2.4B naira.
* Joshua Dariye-700M naira.
*Nyesom Wike stole #4b.
* Diezzani with $20 billion missing oil money?
15 billon dollars missing from arms fund, 10 billion naria, converted to dollars and given as gift to delegates of PDP Nation convention, Bafarawa collected 3 billion for spiritual purposes , 12. 7 billon naria for deceased NEPA staff grew wings and disappeared, 20 billion dollars missing from NNPC accounts, 23 billon naira as bribe to INEC staffs to rig the general election. The list is endless. They only left what they can’t carry or unable to lay their hands on.
All these happened under Jonathan. I haven’t added the dossier of the Obasanjo era, where about 160 federal assets were sold to friends and cronies of Atiku, without adequate remittances to the government. Not to mention over 78,000 hardworking Nigerians that lost their jobs due to the privatization of that administration.
Which stupid group is that?
Paul Mamza u should be ashamed of yourself for saying this rubbish
@Orlarwoying,area boy and son of a
donkey, you yourself is rubbish,
why are you allergic to the truth?,idiot.
Kunle D Blow dumb
Shekarau is now in APC… What had happen to him?
Faceless group