Obasanjo Backs Sale Of National Assets - Nairaland / General - Nairaland
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| Obasanjo Backs Sale Of National Assets by yusbaklee(m): 7:02am On Sep 28, 2016 |
Former President Chief Olusegun Obasanjo said he foresaw the current economic recession the country is currently going through in 2014 and he hinted of its consequences. He also threw his weight behind the sales of some public assets but also warned that it must not be sold to cabals, adding that the number of shares an individual or corporate entity should buy in such public assets to be sold should be regulated. He said this on Tuesday in his goodwill message at the opening session of a two-day National Council of Finance and Economic Development conference held at the Green Legacy Resort, Olusegun Obasanjo Presidential Library, Abeokuta. It was held in conjunction with the Federal Ministry of Finance. The former President, who lamented the current economic downturn in the country, said his warning about the recession in 2014 was contained in a lecture he delivered at the 80th birthday ceremony of Justice Akanbi on 26th November, 2014. He brought a copy of the 2014 lecture to the event and read part of it to the audience. Obasanjo, however, proffered solutions to how the country could get out of recession. He urged the Federal Government to spend less than the country was earning, fashion out ways to earn more revenue and borrow. For me, we have brought it on ourselves, we dont have to wring our hands and say where are we? In a simple laymans language, the situation is that we are spending more than we are earning. We have not been able to save, so that we can go and take from what we have saved. If you are spending more than you are earning, you will have to spend less, you earn more and you borrow. http://yusbaklee.com/2016/09/28/obasanjo-backs-sale-of-national-assets/ |
| Re: Obasanjo Backs Sale Of National Assets by bonechamberlain(m): 7:07am On Sep 28, 2016 |
Obj the chief seller, it must not be sold to cabals, in this government where cabals hold sway, would they sell it to an outsider or their own. |
| Re: Obasanjo Backs Sale Of National Assets by tutaboi(m): 7:14am On Sep 28, 2016 |
That man na person? ..well I can see u love Nigeria but u still extend that love by sell all ur valuables inculuding that ur farm to augment our crippling economy cos were not ready to sale even a broom from national assets |
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