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All Revenue Assets Up for Concession –Edun

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this while giving an update on the country’s economy on Friday in Abuja. Edun explained that the move is aimed at boosting government revenue and ensuring efficient utilisation of public assets while attracting investments that can create jobs and support economic growth.

The Minister said: “In terms of public assets, I would say that for the government, in a private sector‑orientated economic policy framework, all revenue‑generating areas are up for grabs. If someone wants to come and seek a concession, for a road, for an airport, for a seaport, for any revenue‑generating area, now is the time for people to come forward with their ideas, now is the time for them to be brave and come forward with their own investment ideas.

“There are full BP assets which are being held, and everybody is free. They have advertised some, they have listed them, but everybody is free to come and make their proposals. And as you know, there are also, in other sectors like the oil and gas sector, there are procedures going on there, there are, what I would say, assessments going on to ensure that we get a very good attraction of funding and incremental funding for investment in those sectors.

“And part of it is divestment. It’s all part of the mix, and nothing is off the table. As Nigeria moves to grow sustainably, rapidly, and inclusively.”

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