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Nairaland Forum / Nairaland / General / Politics / List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget (553 Views)
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List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget by ibrahimdauda180: 10:38am On Nov 06, 2022 |
https://www.youtube.com/watch?v=F_XhOHsKNXY The Federal Government had made it clear that it would sell or give some national assets to raise funds to finance the 2023 budget deficit of N10.78 trillion. The Punch reports other ways the federal government is looking to raise revenue for the budget are through borrowing and project-specific loans. President Muhammdu Buhari revealed the plan on Friday while presenting the Appropriation Bill of N20.51 trillion for 2023 to the Senate and the House of Representatives. The budget includes N2.42 trillion in spending by government-owned enterprises. It is also about N3 trillion higher than the 2022 budget. National Assets for sale in 2022 Earlier in the year the Bureau of Public Enterprises (BPE) announced the sale or concession of 42 assets across the country. The Vanguard reports that some of the listed assets include the Aluminium Smelter Company of Nigeria (ALSCON) and Olorunsogo II Power Plant, among 42 transactions to be undertaken this year. The transactions are 11 in the Energy Sector, 10 in the Industries and Services Sector, eight in the Agriculture and Natural Services Sector, and 13 in the Infrastructure and Public Private Partnership (IPPP) sector. Full list Olorunsogo II Power Plant (NIPP) Calabar II power plant (NIPP) Benin (Ihovbor) II Power Plant (NIPP) Omotosho II Power Plant (NIPP) Geregu II Power Plant (NIPP) Afam Power and Afam Three Fast Power Ltd Yola Electricity Distribution Company Zungeru Hydro Power Nigerian Film Corporation NITEL/MTEL In-liquidation Abuja Water Board (AWB); Abuja International Conference Centre Abuja Environmental Protection Board (AEPB) Save Sugar Company (SSC) Divestment of FGN Shares Nigeria Hotel Ltd (In-Liquidation) Partial Commercialisation of River Basin Development Authorities (RBDAs). https://coboxupdate..com/2022/11/some-national-assets-have-been.html?m=1 3 Likes 3 Shares
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Re: List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget by obafemiawoga: 10:44am On Nov 06, 2022 |
If they are not selling, they are borrowing, anyone that wants Nigeria to continue like this should vote APC, because baba of Lagos said he will continue from where Bubu stops! 3 Likes 4 Shares |
Re: List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget by zainamimohammed: 10:49am On Nov 06, 2022 |
From the look of things,it seems the idea is just to collapse this country by bubu and his cronies. no sane person can align with APC again. 1 Like 1 Share |
Re: List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget by calistanzubechu: 10:51am On Nov 06, 2022 |
To be sold to whom? We all know the answer to that. Yet some want us to vote for those who have expressly said they will continue from where he stopped. Kọ́ búrú |
Re: List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget by Landlord97: 11:00am On Nov 06, 2022 |
Let them sale the country and share the dividends amongst, nothing new, rather they would sale it and share it amongst themselves without anything happening, and routine continue. |
Re: List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget by Righthussle: 11:16am On Nov 06, 2022 |
Na still dem go buy am. |
Re: List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget by securitywatch50: 11:21am On Nov 06, 2022 |
Hmmm Nigeria my country, who did we offended to deserve all this because of one party called APC May our hero's never labour in vain Great country but without good leadership May God deliver my country and give us a great leader that will turn things around for good. I'm highly Obidient and Yusuful What about you?? |
Re: List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget by Isokiscool(m): 11:25am On Nov 06, 2022 |
Make them sell all of them and use Tinubu do Jara.....That criminal has become too useless |
Re: List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget by Osariemen12: 12:17pm On Nov 06, 2022 |
Is Tinubu not a national asset? He should be sold to Malians as well. |
Re: List Of National Assets For Sale As FG Plans More To Pay Debts, Fund 2023 Budget by baralatie(m): 12:25pm On Nov 06, 2022 |
If you are selling to fund just one year budget of 2023 what happens when you get to 2024? And then what happens in 2025? |
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