FG to sell assets to fund 2021 budget


By Ismail Auwal

The Federal Government has confirmed that it would be selling some of its assets to fund the 2021 budget.

The Minister of Finance Zainab Ahmed gives the confirmation during a presentation in a meeting.

While disclosing the development Ahmed said that the government will sell some non-oil assets to serve as an additional source of finance for the year’s budget.

The presentation titled, ‘Public Presentation of 2021 FGN Approved Budget – Breakdown and Highlights’ was dated January 12.

This is coming a few days after the federal government disclosed that it is looking at borrowing from unclaimed dividends and dormant bank deposits to finance the 2021 budget.

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