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Fire Sale: Adeosun Lays Out Her 3 Point Pitch For Selling Nigerian Assets - Nairaland / General - Nairaland

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Fire Sale: Adeosun Lays Out Her 3 Point Pitch For Selling Nigerian Assets by Wunmi01: 10:26am On Sep 26, 2016
For those who are still struggling to understand why the government needs to sell assets to raise cash required to jump-start the economy, the Minister for Finance, Kemi Adeosun, has reiterated once again why we need to sell it all.

In an interview granted to some business editors she once again explained the government’s reasons. Here is what she said as reported by Leadership.

On why we need to sell.

‘‘The infrastructure challenges we face are so serious and the kind of money that we need, we can’t borrow because when you have an accumulated deficit, you need to look for the money that will sustain what you are doing for the next three to four years. So, that is what we are looking at and having a more strategic approach so that, over time, we will borrow less, which, of course, is good in the long run,’’


READ MORE: http://nairametrics.com/fire-sale-adeosun-lays-out-her-3-point-pitch-for-selling-nigerian-assets/


Cc: lalasticlala

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