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Nairaland Forum / Nairaland / General / Politics / Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget (876 Views)
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Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by oaktvnigeria11: 9:58am On Jan 16, 2021 |
The federal government has stated, in addition to its intention to engage in domestic and foreign borrowing to finance the 2021 budget, that it will also sell some government-owned assets for the same reason. The government also said that it would sell some non-oil properties in order to act as an alternative source of funding for the budget for the year. This is contained in a presentation to stakeholders on the signed 2021 budget by the finance minister, Zainab Ahmed, made in Abuja on Tuesday. The presentation, entitled ‘2021 FGN Approved Budget Public Presentation, Breakdown and Highlights,’ was dated January 12. The N13.58 trillion budget for the 2021 fiscal year was signed by President Muhammadu Buhari on December 31, 2020, around N505 billion higher than the budget presented in October 2020. Read Also: Buhari, Lawan, others honour Nigerian’s fallen heroes Around N496.5 billion was approved for legislative transfers in the approved budget and N3.3 trillion was approved for debt services. Recurring expenditure was set at N5.6 trillion, with N4.1 trillion in capital expenditure and N5.2 trillion in fiscal deficit (5,196,007,992,292). source: https://newstrack.oak.tv/nigeria-govt-reveals-plans-to-sell-government-properties-to-fund-2021-budget/
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Re: Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by SUPOL(m): 10:00am On Jan 16, 2021 |
Failed State, they have borrowed from Outside, they’ve borrowed from inside, they’ve borrowed from pensioners, they’ve borrowed from the dead(dormant accounts) now they want to start selling their properties. They will soon sell us to China. Get ready to be a slave...again chai |
Re: Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by TheStakeHolder(m): 10:00am On Jan 16, 2021 |
okay Let me see what I can do. |
Re: Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by phrancys001(m): 10:06am On Jan 16, 2021 |
Olx or Jiji ? |
Re: Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by JosEast(m): 10:10am On Jan 16, 2021 |
Jumia phrancys001: |
Re: Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by Kingosytex(m): 10:30am On Jan 16, 2021 |
Billions are being wasted on some group of unproductive idiots who call themselves politicians. when will Nigeria learn? We have a very long way to go. The salaries of all those unproductive idiots should be reduced to the barest minimum. They aren't contributing anything to the cause of this nation. |
Re: Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by Shaolin0147(m): 10:38am On Jan 16, 2021 |
oaktvnigeria11:let them kukuma sell Nigeria abeg |
Re: Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by richiemcgold: 10:48am On Jan 16, 2021 |
and their cronies will eventually buy them with the previously looted funds. A typical situation of robbing Peter to pay Paul. |
Re: Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by ABBEYsammy01(m): 4:26pm On Jan 16, 2021 |
Why are they stressing themselves about how to service budget, they should just sell the country let everybody rest abeg |
Re: Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by Mihaug(m): 6:25am On Jan 17, 2021 |
Foreigners will buy these properties, make money of them and send the money back to their home countries. When will these leaders learn? Oops I forgot... They don’t care about Nigerians |
Re: Nigeria Govt Reveals Plans To Sell Government Properties To Fund 2021 Budget by helinues: 7:15am On Jan 17, 2021 |
Can't Nigeria politicians borrow the country from the money they have been stolen? |
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