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The National Economic Council has approved a federal government plan to sell some national assets and inject the proceeds into the economy.
This drastic step is aimed at tackling the current economic recession, a statement from the office of the Vice President, Yemi Osinbajo, said yesterday.
There have been calls on the federal government to sell its assets as part of measures to take the economy out of recession.
The Senate President Bukola Saraki and Africa’s richest man Aliko Dangote are the forefront of those making such calls. The Emir of Kano, Muhammad Sanusi II has also thrown his weight behind such suggestions.
But the Revenue Mobilization Allocation and Fiscal Commission rejected the suggestion, saying doing so would be unwise.
Some senators who spoke during a debate also faulted Saraki.
This drastic step is aimed at tackling the current economic recession, a statement from the office of the Vice President, Yemi Osinbajo, said yesterday.
There have been calls on the federal government to sell its assets as part of measures to take the economy out of recession.
The Senate President Bukola Saraki and Africa’s richest man Aliko Dangote are the forefront of those making such calls. The Emir of Kano, Muhammad Sanusi II has also thrown his weight behind such suggestions.
But the Revenue Mobilization Allocation and Fiscal Commission rejected the suggestion, saying doing so would be unwise.
Some senators who spoke during a debate also faulted Saraki.
