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FG may offer more public assets for sale

Re-Ignite / Business  / FG may offer more public assets for sale

FG may offer more public assets for sale

Indications have emerged that more public assets may be put up for sale by the Federal Government as the Bureau of Public Enterprises reviews the 2020 Privatisation Work Plan.

Checks by our correspondent revealed that work on the review of the privatisation work plan is ongoing.

The revised 2020 budget has a deficit of N5.37tn.

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, had said the Federal Government intended to finance the deficit through domestic and foreign borrowing, as well as proceeds from privatisation of public assets.

Our correspondent learnt that the BPE is reviewing the 2020 Privatisation Work Plan.

The review of the work plan was informed by the drop in the projected revenue that will accrue to the Federal Government within the year.

Source:https://punchng.com/fg-may-offer-more-public-assets-for-sale/

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