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Nigeria: Do not sell off NLNG, a viable national asset to generate revenue – Uche Uwaleke

September 20, 2016

Nigeria

“Recession: Expert kicks against sale of FG’s assets” – Professor Uche Uwaleke

SEPTEMBER 19, 20164:46 PM

 

Prof. Uche Uwaleke, Head, Banking and Finance Department, Nasarawa State University, Keffi, says the country’s economy has not deteriorated to the extent that government will sell off some of its assets to generate revenue … “I do not think the state of the country’s economy has reached the point where viable national assets such as the NLNG must be sold in order to generate revenue. “If a country is in a liquidity trap to the point where the government loses the capacity to borrow, then it can sell its assets.

Read more at: http://www.vanguardngr.com/2016/09/recession-expert-kicks-sale-fgs-assets/

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TUESDAY, SEPTEMBER 19, 2016. 4:25 a.m. [GMT]

 

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