Sale Of Government Assets Will Benefit Nigerians ~ Finance Minister

Finance minister, Zainab Ahmed, has said the Federal Government’s planned sale of public assets to fund the 2021 budget will benefit Nigerians and help to boost the economy.

Finance minister
Finance minister, Ms Zainab Ahmed

Ms Ahmed said this today, January 22, in an appearance on Channels TV.

Just last week, the minister revealed that the federal government plans to sell public assets to partly finance the N13.58 trillion 2021 budget.

In her chat with Channels TV, Ms Ahmed said a lot of government assets are currently moribund and provide little or no value to Nigerians in their current 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.

So 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.

Ms Ahmed 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 finance minister added that the Bureau of Public Enterprises will begin to coordinate with other arms of government on the asset sales in the first quarter of the year.

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