• How and Why Abacha blocked privatization of NNPC in 1993 – Ex-Minister reveals

    How and Why Abacha blocked privatization of NNPC in 1993 – Ex-Minister reveals

    Former Minister of Finance, Dr. Shamsuddeen Usman, has said the current challenges plaguing the nation’s petroleum sector would have been a thing of the past had late Gen. Sani Abacha not halted the privatization of the Nigerian National Petroleum Corporation, NNPC, after taking over power in 1993.

    Shamsudeen who spoke in Abuja, yesterday, at the inauguration of a study group on giving voice and voting power to retail shareholders in the country, said, “The biggest problem of this country is lack […]