The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, has promised to privatize the nation’s three refineries to raise $10 billion for the empowerment of small and medium-scale businesses (SMEs) in the country.
Atiku, stated this while addressing a campaign rally yesterday in Lagos, and listed the refineries as those in Warri, Port Harcourt, and Kaduna.
Atiku said: “On my own part, if you elect me as your president, I said and I promise by the grace of God that I am going to set aside $10 billion so that we can empower our young men and women in small and medium enterprises.
“People were asking me where I am going to get the money. If I privatise the Port Harcourt refinery, Warri refinery, and Kaduna refinery, I will get the money.”
The PDP candidate also promised that his administration would restructure the country, if elected President in 2023.
“So, let me also promise you, if you elect me, we are going to restructure this country. What do we mean by restructuring? We will give states and local governments more powers and resources. It is up to you to hold them responsible.”