Proposed sale of assets is ‘a mere speculation’- Lai Mohammed

Minister of Information and Culture, Lai Mohammed, yesterday described reports of proposed sale of some National assets to revive the ailing economy as “mere speculation”.

Speaking with state house correspondents, Lai Mohammed said the proposed sale of some national assets was only discussed and endorsed as a Medium Term Expenditure Framework and remains a suggestion but not a solution decided upon by government to rebound the economy.

Last Thursday, the National Economic Council led by Vice President Yemi Osinbajo endorsed the sale of some national assets as measures to reflate the economy.