As the debate on the sales of national assets to jump-start the economy rages on, there has been a lot of divergent views on the proposal.
Reacting to the proposal, a human rights lawyer and labour activist, Comrade Femi Aborisade, who described it as inimical, called on Nigerians to resist it.
But an associate professor of Comparative Politics at the University of Ilorin, Dr Gbade Ojo, said the proposal is the way to go, asserting that public utilities were not well managed.
Aborisade described the proposal as the highest form of corruption, adding that it showed that the ruling All Progressives Congress (APC) is reactionary rather than progressive.
He said: “Indeed, the greatest form of corruption is the proposed plan to sell national assets. Sale of national assets is looting of public patrimony.”
According to the former governorship candidate of National Conscience Party (NCP) in Oyo State in 2003 elections: “The impression being created by the proposed sale of national assets is that APC is not an anti-corruption party but a party whose agenda is to fully and finally dispossess or steal the common patrimony.
“The real problem of Nigeria is the APC. The change that Nigerians yearn for is actually to get rid of the APC in power and democratically install an anti-privatisation political party”.
Rather, Aborisade advised that, “If the Federal Government carries out a holistic, non-discriminatory fight against corruption, the resources required to pool out Nigeria from recession can be recovered from looters of public treasury.
But Ojo was emphatic in his submission that the mismanagement of national assets is a major contributory factor to the comatose of the economy, saying it has been proved globally that the civil service machinery could not be used to manage economic institutions.
In his words: “In fact, the Margret Thatcher (the former British Prime Minister) administration started the idea of PPP (Private-Public Partnership) management of public corporations in the UK and virtually all major countries in the world are keying into the economic principle.
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