Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,201,339 members, 7,978,087 topics. Date: Thursday, 17 October 2024 at 06:42 PM

Full List Of Federal Government Assets That Buhari Is About To Sell – Full Detai - Crime - Nairaland

Nairaland Forum / Nairaland / General / Crime / Full List Of Federal Government Assets That Buhari Is About To Sell – Full Detai (850 Views)

Don Waney’s Bank Accounts Frozen, To Be Forfeited To Federal Government / Account For N1.63trn Cash, Assets I Recovered – Maina Dares EFCC / Full List Of Federal Government Assets That Buhari Is About To Sell – Full Detai (2) (3) (4)

(1) (Reply)

Full List Of Federal Government Assets That Buhari Is About To Sell – Full Detai by AmeboPlugger: 4:01pm On Sep 21, 2016
President Muhammad Buhari-led Federal Government has concluded arrangements to sell the nation’s critical assets in order to raise $15 billion to rescue the country out of economic recession, New Telegraph gathered.

The Senate President, Dr. Bukola Saraki, yesterday, backed the business magnate, Aliko Dangote for the sale of government properties and other sources to shore up reserves in order to revive the economy.


Minister of Budget and National Planning, Senator Udoma Udo Udoma, disclosed this at a cabinet retreat hosted at the presidential villa, Abuja.

Some of the assets being considered for sale according to New Telegraph investigation are

http://www.amebosquare.com/news/full-list-federal-government-assets-buhari-sell-full-details/
Re: Full List Of Federal Government Assets That Buhari Is About To Sell – Full Detai by kenny987(f): 5:08pm On Sep 21, 2016
President Muhammad Buhari-led Federal Government has concluded arrangements to sell the nation’s critical assets in order to raise $15 billion to rescue the country out of economic recession, New Telegraph gathered.

The Senate President, Dr. Bukola Saraki, yesterday, backed the business magnate, Aliko Dangote for the sale of government properties and other sources to shore up reserves in order to revive the economy.

Minister of Budget and National Planning, Senator Udoma Udo Udoma, disclosed this at a cabinet retreat hosted at the presidential villa, Abuja.
Some of the assets being considered for sale according to New Telegraph investigation are

Government shares in Joint Venture Companies (JVCs)

– Shares in Nigeria Liquefied Natural Gas (NLNG)

Others include

– four refineries in Kaduna, Wari, and Port Harcourt

– Some aircraft in the presidential fleet.

Udoma in a document entitled “Turning a Crisis into an Opportunity: the Economy and the 2017 Budget,” explained that the sale of government assets, Advance Payment for License renewals, infrastructure concessioning and use of recovered funds from corrupt officials were part of strategies put in place by government to bridge the huge funding gap.

Recall that the Business magnate, Aliko Dangote, the Central Bank Governor, Godwin Emefiele and Senate president, Bukola Saraki had at different advised the sale of nation’s assets to revive the ailing economy.
Re: Full List Of Federal Government Assets That Buhari Is About To Sell – Full Detai by segebobo: 5:30pm On Sep 21, 2016
Those items penned for sale should rather be termed liabilities instead of assets

(1) (Reply)

Thieves Now Target Restaurants, Canteens To Cart Away Food As Hunger Bites Harde / Mom Stabs Her 3-year-old Son To Death 'in Order To Save The World' / Graphic Photos Of The Jumia Delivery Man Killed In Port Harcourt

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 18
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.