Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has described the Nigerian National Petroleum Corporation (NNPC) as a “mafia organisation”, vowing to privatise it if elected.
Speaking in Lagos during an interactive session with the business community on Wednesday, Atiku said he would take the step even if doing so would cost him his life.
He explained that he sold the idea to ex-President Olusegun Obasanjo whom he deputised between 1999 and 2007 but that the former president did not approve of it.
Atiku said he is convinced that NNPC would run better if not managed by the government.
“Let me go back to my experience. When we got into office, I walked up to my boss and said “Sir, there are two mafia organisations in government: one is the Nigerian National Petroleum Corporation (NNPC) while the other one is the National Electricity Power Authority (NEPA),” he said.
“I said unless we dismantle these mafia organisations, we cannot make progress. Let’s privatise them… the long and short of this is that I am committed to privitaisation as I have said. I swear even if they are going to kill me, I will do it (privatise NNPC).”