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...News...

Ajaokuta: AC, APGA, ANPP hail FG’s decision

SOME opposition political parties yesterday lauded federal government’s revocation of concession agreements of Ajaokuta Steel Company and National Iron Ore Mining Company.

The two companies were concessioned to Indian-owned Global Infrastructure Holdings Limited (GHIL) by the administration of Chief Olusegun Obasanjo.

Speaking in separate interviews, Action Congress (AC); All Progressives Grand Alliance (APGA) and All Nigeria Peoples (ANPP) said the move was a step in the right direction and should be commended by the public.

AC in a statement issued in Abuja by its National Publicity Secretary, Alhaji Lai Mohammed, said it was particularly delighted that President Umaru Musa Yar’Adua had directed the criminal prosecution of indicted officials of the Federal Government and promoters of GIHL for asset stripping.

It advised that the issue must be pursued to a logical conclusion in order to bring the culprits to book and prevent a repeat of such an unfair deal.

In particular, it said the federal government must find out to what extent the assets of the companies have been stripped by the concessionaire, in the light of allegations made to that effect by the ASCL branch of the Iron and Steel Senior Staff Association of Nigeria (ISSAN).

"It is important to carry out a thorough check of what Nigeria has lost through this shady deal, retrieve what can still be retrieved and mete out the necessary punishment to all those indicted.

"This will serve as a deterrent to economic saboteurs who might want to repeat such a dastardly act and send a signal to all concerned that the era of anything goes is over for good,’’ AC said.

The party said the government must not stop at the ASCL and NIOMCO alone but must beam its searchlight on other privatised enterprises to see whether Nigerians got value for the huge public funds already invested in such companies over the years.

"We have consistently said that the so called privatisation of public enterprises carried out under the Obasanjo administration was nothing more than selling the common wealth to cronies and family members.

"We are delighted that the Administrative Panel of Inquiry set up by the government revealed that the agreements in respect of the ASCL and NIOMCO were‘largely skewed in favour of the concessionaire to the detriment of the federal government of Nigeria’.

"This is what we have feared all along. We urge the government to move quickly to ensure some form of restitution and to ensure other deals similar to the GIHL’s are dismantled as quickly as possible, in the interest of Nigerians,’’ AC added.

In his own reaction National Chairman of APGA, Chief Victor Umeh said that government’s action had shown that President Yar’Adua was interested in standing with the people.

He however contended that government’s efforts would not be complete if the former president and his foot soldiers who supervised the last privitisation exercise were not probed.

Speaking in the same manner, National Publicity Secretary of ANPP, Mr. Emma Enekwu said the president by the bold move was giving a good sign that his government was interested in correcting the wrongs of the former administration.

"This is a positive sign that the president is ready to fight corruption in a proper way," the ANPP publicity secretary said.

He supported the position of AC that government should look at other companies which he said due process was not followed in their privatisation.

 

 

 
 
 
 
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