Nigeria’s former Vice President Atiku Abubakar has backed the decision by the Federal Government to privatise some of its assets.

The assets include the country’s refineries, the International Conference Centre in Abuja, Yola Electricity Distribution Company, Zungeru Hydro Power, Tafawa Belewa Square, among others.

A total of N493.4bn is expected to be earned from the sale of the assets which were classified under energy assets, industries and communication department, as well as development institutions and natural resources.

In a statement titled ‘Privatisation of Refineries and Other Assets: Better Late Than Never,’ Atiku called for transparency in the process of privatising the assets.

He expressed delight that the privatisation of public assets which he once championed and was scorned for by the All Progressives Congress-led administration is now being embraced by the same administration.

He said, “For decades, I have championed the privatisation of our economy and full deregulation of our oil and gas sector, amongst other sectors, for greater service delivery and efficiency.


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