Tinubu To Sell Stake In NNPC, 19 Other Gov’t Entities - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / Tinubu To Sell Stake In NNPC, 19 Other Gov’t Entities (164 Views)
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| Tinubu To Sell Stake In NNPC, 19 Other Gov’t Entities by Oluchi54: 2:54pm On Aug 16, 2023 |
President Bola Tinubu is considering selling a stake in the Nigerian National Petroleum Company (NNPC) Limited and 19 other national assets or entities. Tinubu is looking to raise capital from the sale of the stakes to finance his administration’s project to reduce the government’s dependence on loans. The Chief Executive Officer at Nigeria’s Ministry of Finance, Armstrong Takang, said that the Federal Government is weighing options that include strategic sales and initial public offerings of stakes in the entities. Takang said the plan will be implemented within 18 months, noting that the private sector will take controlling shares in some of the assets. To read more, click the link below https://www.primebusiness.africa/tinubu-to-sell-stake-in-nnpc-19-other-govt-entities/ |
| Re: Tinubu To Sell Stake In NNPC, 19 Other Gov’t Entities by Alchemy528: 2:54pm On Aug 16, 2023 |
Nawao |
| Re: Tinubu To Sell Stake In NNPC, 19 Other Gov’t Entities by donbachi(m): 2:55pm On Aug 16, 2023 |
Maybe,to Russia firms |
| Re: Tinubu To Sell Stake In NNPC, 19 Other Gov’t Entities by Nobody: 3:04pm On Aug 16, 2023 |
Alchemy528:Why are you shouting? Nothing the government do ever pleases you people. 1 Like |
| Re: Tinubu To Sell Stake In NNPC, 19 Other Gov’t Entities by LegallyBlunt: 3:13pm On Aug 16, 2023 |
It's not about selling. The question is to who? This sounds like a move to appease his family and cronies. 1 Like |
| Re: Tinubu To Sell Stake In NNPC, 19 Other Gov’t Entities by Soulsymbol99: 4:49pm On Aug 16, 2023 |
Sale am den frm back door buy am  1 Like |
| Re: Tinubu To Sell Stake In NNPC, 19 Other Gov’t Entities by Soulsymbol99: 4:51pm On Aug 16, 2023 |
Sale am den frm back door buy am |
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