FG yet to decide on assets sale – Lai Mohammed

Minister of Information and Culture, Lai Mohammed says the Federal Government is yet to take any decision on the sale of national assets.

Mohammed made the disclosure on Wednesday at the Presidential Villa Abuja while fielding questions from journalists after the weekly meeting of the Federal Executive Council, FEC, which held inside the council chamber.

He said the stories were mere speculations.

“What the government will do is to reflate the economy, everything you have heard so far is just suggestion, until the government makes its position known. All these reports of asset sale, asset leasing and whatever is being bandied about, are nothing but speculations.

“The government is yet to come out with its position on how to bail out the economy and it will take that position,” he said.

He said the recommendation for the sale of the national assets by the National Economic Council was not binding on the Federal Government.

“NEC will recommend but it is the Federal Executive Council that will decide and what we decide will be the position of government.”

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