The Nigerian Senate has rejected the
proposed sale of national asset by the
federal government.
The Senate took the decision on
Tuesday at the resumed plenary after
extensive deliberation.
The Buhari administration has
proposed the sell some asset to revive
the economy. But many Nigerians are
opposed to the plan, arguing that
previous sales barely helped the
nation’s economy.
The government has suggested that if
it eventually adopts the policy, it
would insist on a re-purchase clause.
More details later.
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