Sale of Refineries and Power Holding reversed by Late President Yar Adua: Prince Frank Ukonga defend Late President Yar Adua for reversing the sale of Nigerian Refineries and power stations and reversing the entire privatization program of OBJ

 

Sale of Refineries and Power Holding reversed by Late President Yar Adua: Prince Frank Ukonga defend Late President Yar Adua for reversing the sale of Nigerian Refineries and power stations and reversing the entire privatization program of OBJ-late President Yar Adua Did the right thing...OBJ privatization program was a rip off of all Nigerians... it is not just nor dialectical to sell unilaterally all our joint belongings to one person or a few peoples...the Russian Federation, Poland, etc also privatized along with Nigeria same time...what they did was to alot shares to all citizens of the country..as co owners of all the plants, and properties to be soled...so if any body who want to have controlling shares of any of the company he or she has to ask his stock broker to buy shares from the citizens who have been allotted

these shares as stake holding in the polity...but for person to unilaterally sell all companies of a nation to a few persons in exchange FOR PEA NUTS IS DIABOLICAL, UNJUST AND CONTRADICTORY TO LOGIC, FAIRNESS AND HISTORICAL PRECEDENCE OF CONTEMPORARY TIMES...SO Late President  Yar Adua was very correct ...and we advice president Buhari to do same...right the wrongs once and for all...the method Late President Yar Adua wanted to use is called PARTICIPATORY CAPITALISM...By allotting shares to all citizens you would have empowered all citizens of the polity...and who so ever want to sell his own shares to any body would go to the stock broker and sell and raise money to begin something- small scale enterprise  as well