Nigeria: To Sell or Not to Sell?

28 September 2016
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Last week Africa's top business mogul, Aliko Dangote, along with Emir of Kano and former governor of Nigeria's central bank, Malam Mohammed Sanusi II, stirred the hornet's nest when they proposed that government should sell off some of its assets to plug the huge gap in its revenue stream caused by the collapse in oil price and of oil production.

In this, the two were supported by another business mogul, former Chairman of United Bank of Africa, Tony Elumelu, and by the bank's former managing director under Elumelu and now the central bank's governor, Godwin Emefiele, and even by the Senate President, Dr. Bukola Saraki.

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