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Sale Of Government Assets Will Help Boost Economy – Finance Minister
- Ahmed had revealed the government’s plan to sell public assets to partly finance the ₦13.58 trillion 2021 budget
- Civil society group, SERAP had asked the National Assembly to stop the federal government from selling public assets to fund the 2021 budget
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Minister of Finance, Budget and National Planning, Zainab Ahmed, has assured Nigerians that the planned sale of the Federal Government’s assets will benefit them and help boost the economy.
While addressing the issue on Friday on Channels Television’s Sunrise Daily, Ahmed said some government assets are currently moribund and provide little or no value to Nigerians in their present state.
“There are some government assets that are dead that can be sold to the private sector to be reactivated and put to use for the benefit of Nigerians.
Read also: “This Will Be A Short-Lived Recession” – Finance Minister
“So we are looking at different – and I am a member of the National Council on Privatisation – we are looking at different categories of government assets that government has not been able to manage, that are lying down and in some cases even completely rundown, to cede them off to the private sector,” she said.
The Minister stressed that the “intention is not just funding the budget, it is to reactivate these assets and hand it over and have them bring contributions to the growth in the economy.”
The Bureau of Public Enterprises, according to her, will begin to coordinate with other stakeholders on the sale of the government’s asset in the first quarter of the year.
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