Thread by @dmightyangel

BUHARI & NNPC UBER-NIZATION...

One thing you should do constantly on #TwitterNG is to have enough sense to learn, because you will never know everything but you can learn about everything.

What did Buhari's NNPC action mean? Is it PRIVATIZATION or COMMERCIALIZATION?🤣

Like them, hate them, Buhari/Osinbajo ticket is the best deal Nigeria has ever gotten in that office in Aso Rock & this present 9th Assembly is the best deal Nigeria has ever gotten in its democratic era since 1999.
What @MBuhari did with @nnpclimited will be part of his LEGACY.

So NNPC (Nigerian National Petroleum Corporation) is now NNPC Limited (Nigerian National Petroleum Company)..

It was like IMPOSSIBLE for 20 years now, then Buhari did it. What did he do to NNPC in laymen terms? He did what I simply call UBER-NIZATION of our family property🤣🤣

200 Million Nigerians as a family has this nice CAR they use called NNPC. It is our property but the usage is being abused by the few privileged ones in the family. Sometimes, they take it to night club, messed it up & still asked our family to repair the car & pay the driver.

Since our previous heads of family were also enjoying the abuse of our common property, they wouldn't do anything to change the abuse of the car even when we've said it severally in the family house that something must change in the use of this CAR for more than 20 years...

One of the intending family heads said he would kuku sell this our family car so that we will not be wasting our family budget on it....The problem was that just like the previous family properties he sold, Akotileta said he would sell it to his USUAL friends that underpaid us🤣

The last time Atiku had opportunity to be part of the heads of the family, he sold one of our cars (ALSCON), the car was worth $3.5 billion, Atiku said he made mistake & sold it for $250 million when there were others who wanted to pay billions.
You no go lead this family again!

That is why Baba Obasanjo under whose watch Atiku sold (privatized) those cars said God will not forgive him if he supported Atiku to still be head of this 200million family o...

Baba @atiku, you no go lead this family again o, no waste your time....

After 3 decades, Buhari didn't just set up reform about #PIB, he signed the bill into law & that forever shall be an all time achievement.
If SETTING UP REFORM was your standard of past achievement, pls UPGRADE your standard, Buhari had MOVED IT UP.

bloomberg.com/news/articles/…

So which approach is Buhari take? He said we'll not SELL (PRIVATIZATION) this family car, we'll not allow few privileged family members to keep messing it up, while we still spend family money on it. We'll use it to do UBER (COMMERCIALIZATION) while still having it as 100%🕺🕺

So, Buhari (APC) did not PRIVATIZE NNPC Ltd o, they COMMERCIALIZED it.

PRIVATIZATION: The transfer of a business, industry, or service from public to private ownership and control.

COMMERCIALIZATION: the process of managing or running something principally for financial gain.

Meaning: This NNPC Ltd still belongs to 200million Family 100%. But any member of the family will not be able to take it to naming ceremony, nightclub or religious service for free like before again...

We go use am do UBER (commercialization), UBER driver go give us our money!

UBER drivers will be using the car for COMMERCIAL purpose, they'll not wait for our family meeting before they use the car, fix or change any part of the car again...
But that car you see with UBER driver still belongs to our family 100% this time around. Na COMMERCIALIZATION!🚶‍♂️