The Tinubu administration is preparing to sell off some of the country’s assets to raise N298.4 billion in income in 2024.
This admission was contained in a breakdown document of the 2024 appropriation bill currently before the National Assembly.
The Chairman, Senate Committee on Appropriations, Solomon Adeola, released the items designated as “financing items.”
The government will begin on this action in an attempt to finance public obligations as well as decrease the fiscal load on the part of FG.
President Bola Tinubu had submitted the sum N27.5 trillion 2024 budget to the National Assembly.
However, a financial expert and budget analyst, Oluseun Onigbinde, had claimed that 70 per cent of projects in Nigeria are badly executed and do not continue beyond two years.