A top official of the Presidency has hinted 10 national assets President Muhammadu Buhari may be considered to put on sale of the asset to raise funds to revive Nigeria out of recession.
Despite the government’s seeming indecision, a top official of the presidency had disclosed to Premium Times the administration’s intentions to lay some of the nation’s assets.
“Some of the intended sales could be in form of time-bound leases, advance renewal payments on leasing licenses and concessioning, which would attract buoyant signature fees,” the official said.
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Here are the assets:
- Nigeria Liquefied Natural Gas Limited
- NNPC
- Port Harcourt Refining Company Limited (PHRC)
- Kaduna Refining & Petrochemical Company (KRPC)
- Warri Refining & Petrochemical Company Limited.
- Africa Finance Corporation (AFC)
- East-West Rail lines
- Airports
- West African Gas Pipeline (WAGP)
- Presidential Air Fleet
Credit: Premium Times
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