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FG to sell government-owned properties to fund 2021 budget



The Federal Government says in addition to borrowing locally and internationally, some government-owned properties will be sold to fund the 2021 budget shortfall of N5.2 trillion.

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The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, who made this known in Abuja, also revealed the federal government will sell some non-oil assets to serve as additional source of finance for the year’s budget.

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Recall that President Muhammadu Buhari had on December 31, 2020, signed the N13.58 trillion budget for the 2021 fiscal year – about N505 billion higher than the budget proposed in October, 2020.


Bibiyobra: Sunday, 17 January 2021 at 1/17/2021 07:55:00 pm

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