Atiku Abubakar, former Vice
President, has disclosed that he will privatize parts of Nigerian National
Petroleum Corporation (NNPC), if elected as President.
He explained that NNPC has been
“beset by decades of mismanagement”.
Speaking with Reuters, the Waziri
of Adamawa also disclosed that he will allow the naira to float so as to
attract foreign investment.
According to Abubakar, “I am a strong
believer in very, very small government and also the private sector.
“I am also going to expand it to
include the oil and gas sector which have not been touched at all and other
major sectors of the economy like mining, solid minerals.
“I will allow the naira to float
because I believe that is one of the ways foreign direct investment can be
encouraged to come in.”
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