The Senate has on Tuesday, September 26, opposed Senate President, Bukola Saraki, on the sale of Nigeria’s National Assets.
Ali Ndume, the Senate Majority Leader, moved a motion, urging the Senate to reject the proposal for the sale of the nation’s assets.
“I move that the Senate oppose the sale of National Assets, to shore up our reserves,” he said.
Saraki then put the motion to a voice vote, to which “the ayes had it”.
Last week, the Upper Legislative Chamber, had debated on ways to get the economy out of recession.
On Tuesday, the recommendations from the debate were harmonised and presented as resolutions to the Executive.
Recall, that the Federal Government, is mulling the sale of National Assets, to generate funds to finance key infrastructural projects, and to generate enough liquidity, to pull the economy out of recession.
In a 14-point statement last Wednesday, Saraki recommended the sale of National Assets, to shore up the Nation’s reserves.
More later…
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