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Senator Ben Murray-Bruce, representing Bayelsa East, has called on the President Muhammadu Buhari-led administration to sell government-owned media companies.
Bruce listed the Nigerian Television Authority, NTA, Federal Radio Corporation of Nigeria, FRCN, and Voice of Nigeria, as “no longer make sense” and should be sold to relieve the budget of recurrent expenditures.
The Senator said this while making his contribution to the debate on the 2018 budget which started at the Senate on Tuesday.
Mr. Murray-Bruce said the recurrent expenditure of the budget was over-bloated and should be trimmed.
“We have downgraded our economy and the reason we are downgraded is we cannot meet our revenue projection. It is understood that this is a budget of consolidation; I would rather describe it as budget of active imagination,” he said.
Bruce listed the Nigerian Television Authority, NTA, Federal Radio Corporation of Nigeria, FRCN, and Voice of Nigeria, as “no longer make sense” and should be sold to relieve the budget of recurrent expenditures.
The Senator said this while making his contribution to the debate on the 2018 budget which started at the Senate on Tuesday.
Mr. Murray-Bruce said the recurrent expenditure of the budget was over-bloated and should be trimmed.
“We have downgraded our economy and the reason we are downgraded is we cannot meet our revenue projection. It is understood that this is a budget of consolidation; I would rather describe it as budget of active imagination,” he said.