The federal government Tuesday said it has not taken any decision to sell any national asset.
Minister of Budget and National Planning, Senator Udoma Udo Udoma appealed to those opposed to the planned sale of some national assets to exercise patience with the government “as the government is yet to decide on assets sale in its stimulus package.”
Udoma made the disclosure in Abuja at the 57th Annual Conference of the Nigerian Economic Society (NES) where he stated that the idea of selling national assets “is just a proposal within the stimulus package of the federal government to scale up revenue but is yet to be finalised or even agreed on.”
The budget and national planning minister said government will consult widely and hear views on the cost and benefit of the planned sale before any such decision will be made.
He said the administration has several packages and plans that will ensure that Nigeria comes out of the current recession soon and stronger. One of such packages he noted is the stimulus plan to borrow from the World Bank, African Development Bank (AfDB) and the China Exim Bank.
Udoma said that the stimulus package was being worked upon and was yet to be finalised, adding that to achieve this speedily “we are working to fast track procedures through presidential directives and legislation and I want to emphasis that notwithstanding the current economic challenges we face, we are not discouraged at all and this is a crisis we must not waste.”
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