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Does privatisation serve public interests? (2)

Does privatisation serve public interests? (2)
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Does Privatisation Serve the Public Interest?, By Eric Teniola

Does Privatisation Serve the Public Interest?, By Eric Teniola
The privatisation programme was just an opportunity by government to allow very few individuals to buy our common wealth at give away prices.
Some of these companies privatised were established through loans procured by the central government on behalf of the people of Nigeria, and it is the people of Nigeria who will have to repay the loans. Of what benefit has this privatisation programme been to the people of Nigeria and what impact?
Between 1988 and 1993, Alhaji Hamzat Rafindandi Zayyad (1937-2002) dominated the headlines in this country. He was in the news not because he was the first chartered accountant from the old northern Nigeria. He became an accountant in 1963. He was in the news not because he was a mentor and godfather to many public officers, especially from northern states, including the current governor of Kaduna State, Mallam Nasir El-Rufai, a surveyor, who has been elected twice now. ....

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OPINION: Does Privatisation Serve the Public Interest?, By Eric Teniola

The privatisation programme was just an opportunity by government to allow very few individuals to buy our common wealth at give away prices. ....

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Ngozi Okonjo-Iweala

Director General, World Trade Organization
Dr. Ngozi Okonjo-Iweala is the Director General of the World Trade Organisation (WTO). She is an economist and international development expert with over 30 years of experience. She was Chair of the Board of Gavi, the Vaccine Alliance (2016 – 2020), the African Risk Capacity (2014 – 2020) and Co-Chair of The Global Commission on the Economy and Climate. Previously, she served as Senior Advisor at Lazard and sat on the Boards of Standard Chartered PLC and Twitter Inc. Dr Okonjo-Iweala was appointed as an AU COVID-19 Special Envoy and WHO COVID-19 Special Envoy.
Dr Okonjo-Iweala served twice as Nigeria’s Finance Minister (2003-2006, 2011-2015), the first woman to hold the position, and spent a 25-year career at the World Bank rising to the No.2 position of Managing Director. ....

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Does privatisation serve public interests?

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