Business
Don’t Sell National Assets, Group Urges FG

Youths of the oil-rich Niger Delta region have declared tototal objection to the Plan by the Federal Government to sell National Assets because of the present economic recession facing Nigeria.
The Youth, under the umbrella of Niger Delta Youth Coalition (NDYC), said the plan is a ploy to sell off critical valued oil and gas assets in the region to politicians and their cronies.
NDYC National Co-ordinator, Prince Emmanuel Ogba, who disclosed the position of Youth Saturday in an interview with The Tide in Port Harcourt, said such call coming from President of Dangote Group of Companies, Aliko Dangote, is an obvious move to convert the wealth and resources of the region to Northern businessmen and their cronies in other parts of the country.
“Dangote’s call and mischievous supports from privileged Nigerians who had either through privatization or other strategies consistently converted the wealth of the nation to themselves is a disservice to the nation.
“We in NDYC are totally against such a call and appeal to the Buhari-led administration not to fall prey to their antics, he said.
He wondered why some Nigerians should think of selling such valued National Assets as our viable Airports and the Nigeria Liquified Natural Gas in Bonny as solutions to the ailing economy, noting that the economic recession being suffered at present is as a result of fraudulent activities of politicians and their business friends.
He explained that well-meaning Nigerians are calling for restructuring, true federalism and resource control, and that selling the resources and assets belonging to the Niger Delta region people who are demanding for the control of their resources is totally unacceptable.
“If Federal Government should sell off such assets to the Dangotes before implementing true Federalism or resource control, which resources are we then going to control, he queried.
Commenting on the probe of the wife of President Goodluck Jonathan, NDYC appealed to Buhari to retrace his step, saying probing Patience Jonathan when none of the past Presidents’ wives had been subjected to such probe in the history of Nigeria gives the impression that Buhari’s probe in targeted at the first son of the region ever to be President of the country.
“We support Buhari’s anti-Corruption, but probing Patience when no other first lady had been subjected to such probe, in the history of the country could be interpreted to mean that the only President of the nation ever to come from Niger Delta is the target”, he said.
He advised the Federal Government to be cautious of the probe exercise, stressing that the probe appears to be the only agenda of his administration and urged him to focus on ways too solve the economic recession.
Chris Oluoh
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