ADC Warns of Threat to Nigeria's Sovereignty: NNPC Asset Sale Proposal Sparks Concerns

The ADC accuses the Nigerian government of planning to sell NNPC assets, risking the country's economic sovereignty. The proposed amendment to the Petroleum Industry Act (PIA) is met with opposition, with concerns raised about potential debt, job losses, and revenue reduction.

The ADC aligns with NUPENG and PENGASSAN in rejecting the amendment, emphasizing the negative impact on essential sectors like education and healthcare. The move is seen as a threat to Nigeria's stability and independence, sparking warnings about the consequences of stripping NNPC of profitable holdings.