Atiku Urges Transparency in Privatisation Exercise Amid PIA Amendments

Former Vice President Atiku Abubakar has urged the Nigerian Federal Government to ensure transparency in the privatisation exercise, emphasizing the need for competitive bidding and public scrutiny. Atiku expressed concerns over the proposed amendments to the Petroleum Industry Act (PIA) and the planned divestment of equity in the oil and gas sector, warning that mismanagement could erode public trust and compromise energy security.

He stressed the importance of prioritizing Nigeria's national interest and economic future in all privatisation processes. Atiku's call for transparency comes amidst growing unease surrounding the PIA amendments and equity divestment plans in the oil and gas industry.