The Minister of Budget and National Planning, Udo Udoma, has debunked media reports indicating that the federal government is planning to raise about N5 trillion from assets sale in the next four years.
The said publications had claimed that the projected amount is contained in the Economy Recovery and Growth Plan (ERGP) being finalised by the federal government.
But the minister maintained on Tuesday that the ERGP that is being finalised and which will soon be presented to the public has no recommendation for raising that amount of revenue from sale of assets.
A statement by his Media Adviser, Akpandem James, noted that to achieve the strategic objectives of the plan, 60 strategies have been developed for implementation with four key execution priorities.
These, he said include stabilisation of the macroeconomic environment, agriculture and food security, sufficiency in energy (power and petroleum products), industrialisation focusing on Small and Medium Scale Enterprises.
According to the ministry, the focus of the plan is to address current economic challenges, restore growth, and reposition the economy for sustained inclusive growth.
“ It is principally targeted at getting the economy out of recession, getting people back to work, moving the country from a consuming nation to a producing nation, providing an environment for ease of doing business and creating jobs, among others.