Monday, January 23, 2017

Presidency Announces Plan to Privatize Nigeria's Assets

As a means of lifting the country out of recession, the Muhammadu Buhari administration will privatize some of Nigeria's assets.

This was revealed on Monday by Minister of Budget and National Planning, Udo Udoma at the second Presidential Business Forum in Abuja on Monday.

He said Buhari will privatise some selected national assets, restore oil production and possibly raise it by 2020.

These are part of FG's Economic Recovery and Growth Plan which is expected to be launched next month.

He, however was mum on the assets to be privatized.


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