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FG says no plan to sell national assets for now

28 September 2016, 14:34

Abuja - The Federal Government has said it has not taken any decision to sell any national asset, Nation reports.

Minister of Budget and National Planning, Sen Udoma Udo Udoma appealed to those opposed to the planned sale of some national assets to exercise patience with the government “as the government is yet to decide on assets sale in its stimulus package.”

Udoma made the disclosure in Abuja at the 57th Annual Conference of the  Nigerian Economic Society (NES) where he stated that the idea of selling national assets “is just a proposal within the stimulus package of the Federal Government to scale up revenue but is yet to be finalised or even agreed on.”

The minister said government will consult widely and hear views on the cost and benefit of the planned sale before any such decision will be made.

Meanwhile the Senate on Tuesday rejected the calls for the sale of the country’s national assets according to News24.

The Senate said it “rejected prayer 3 of the recommendations of the Ad Hoc Committee which sought for the sale of National Assets to shore up Foreign Reserve”.

This was during the proceeding of Senate Plenary for Tuesday 27th of September 2016.”

- News 24


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