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We are not raising N5 trillion for assets sale – FG

fg bauchi - We are not raising N5 trillion for assets sale - FG


We are not raising N5 trillion for assets sale – FG

The attention of the Ministry of Budget and National Planning has been drawn to publications in a section of the media indicating that the Federal Government is planning to raise about N5 trillion from assets sale in the next four years.
The publications claim that the projected amount is contained in the Nigeria Economy Recovery and Growth Plan (NERGP) being finalized by the Federal Government.
It has become necessary to state that the NERGP that is being finalized and which will soon be presented to the public has no recommendation for raising that amount of revenue from sale of assets.
To achieve the strategic objectives of the plan, 60 strategies have been developed for implementation with four key execution priorities:

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Stabilization of the macroeconomic environment
Agriculture and food security
Sufficiency in energy (power and petroleum products)
Industrialization focusing on Small and Medium Scale Enterprises

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Dumebi Ifeanyi

Dumebi Ifeanyi is the Publisher of Politics Nigeria. He is also a seasoned businessman and a follower of the school of Ruthless Pragmatism

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