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Published 24 February 2021
Last Thursday, February 18, 2021, Premium Times, an online newspaper in Nigeria, published an exclusive story on the Federal Government’s planned sale of 36 properties in order to partly fund this year’s budget. According to the newspaper, the Nigerian government is proposing to sell or concession no fewer than 36 of its properties to raise funds, largely to finance the 2021 budget. These properties cut across energy, industries, communication and infrastructural sectors. They are expected to be sold or concessioned between January 2021 and November 2022, it is reported.
The document was reportedly submitted to the National Assembly by the federal executive arm and titled, “NCP Approved 2021 Work Plan.” It shows the names of the “projects” (as described by the document), the sale strategy, the duration of the process as well as the cost of the properties. Top among the properties are the Abuja Environmental Protecti