Human rights lawyer Femi Falana explains that former President Umaru Yar'Adua's decision to reverse the sale of the Port Harcourt refinery to a Dangote-led consortium was crucial to address legal and ethical concerns surrounding the privatization deal and protect Nigeria's national interest. Falana alleges that former President Olusegun Obasanjo bypassed legal procedures by sidelining then-Vice President Atiku Abubakar and directly managing the privatization of several state-owned enterprises, including the Port Harcourt and Kaduna refineries. He highlights the criticism from unions who raised concerns about due process and alleged that Nigeria was shortchanged in the transactions.
Human rights lawyer Femi Falana has revealed the reason former President Umaru Yar’Adua did not sell the Port Harcourt refinery to a consortium led by Dangote . Falana said the reversal was a pivotal step to address the legal and ethical breaches surrounding the transaction and to protect Nigeria ’s national interest.
The human rights activist stressed that the deals drew sharp criticism from key stakeholders, including the National Union of Petroleum and Natural Gas Workers, NUPENG, and the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN. According to him, the unions raised concerns over due process and alleged that the country had been shortchanged.
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