FG Wan Sell Tafawa Balewa Square, National Theatre Others To Finance 2018-2020 Budget


FG Wan Sell Tafawa Balewa Square, National TheatreFG Wan Sell Tafawa Balewa Square, National Theatre And Others To Take Finance 2018-2020 Budget

The Federal government don conclude plans to sell the Tafawa Balewa Square, the National Arts Theatre and some power plants under the National Integrated Power Projects NIPP wey them select.

The purpose of the sales of some of the national assets na to generate enough money (wey oyibo dey call revenue) to finance the 2018 to 2020 budgets.

The Director General of Budget Office, Ben Akabueze, talk am for interview with the Nation when him appear before the House of Representatives Joint Committees on 2018-2020 Medium Term Expenditure Framework /Fiscal Strategy Paper, MTEF/FSP, on Monday November 27th.

Akabueze also talk say some of those ones wey no be the main assets from the mines and steel sector like houses and estates na part of items wey them still wan sell to use finance the budgets.

According to him, them go finance some items for the 2018 budget from the revenue wey them get from sales of the major government assets as well as national parks.

Him say the budget wey dey ground reach N2.005 trillion, and most of them go get their financing through domestic and foreign borrowing.