Nigeria: Govt to Generate $16.4 Billion Through Sale of Assets

14 February 2017

The Federal Government plans to generate up to $16.4 billion through asset sales in the next four years to reduce the burden on the nation's budget

A document obtained by Bloomberg from the Ministry of National Planning, which outlines the country's plans for economic recovery from 2017 to 2020, revealed that the sales was to help tackle inefficiencies and stem "corruption in public enterprises", though assets to be sold were, however, not named.

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