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FG denies N5tr assets sale plan

FG denies N5tr assets sale plan

 

The Ministry of Budget and National Planning has denied insinuations 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 claimed that the projected amount is contained in the Economy Recovery and Growth Plan (ERGP) being finalized by the Federal Government.
In a statement from the Ministry on Tuesday, the Special Adviser on Media, Akpandem James, noted that, “It has become necessary to state that the ERGP 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.”
According to him, “To achieve the strategic objectives of the plan, 60 strategies have been developed for implementation with four key execution priorities:
§ Stabilization of the macroeconomic environment
§ Agriculture and food security
§ Sufficiency in energy (power and petroleum products)
§ Industrialization focusing on Small and Medium Scale Enterprises, ” he added.

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