FG To Sell Off Some Government Owned Properties To Fund 2021 Budget

The federal government has said that it will sell some government-owned properties as well as some non-oil assets to fund the 2021 budget.

2021 budget
Finance minister, Ms Zainab Ahmed

This was contained in a presentation, titled, ‘Public Presentation of 2021 FGN Approved Budget – Breakdown and Highlights’ made by the Minister of Finance, Zainab Ahmed.

According to the minister, the revenue generated from the sale of these assets will be used to fund the deficit of the budget.

The document however did not state the assets to be sold, neither did it state the expected revenue from the sales.

 

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