‘Government hasn’t decided on sale of national assets,’ Lai Mohammed claims
The Federal Government has described reports suggesting the sale of some national assets as mere speculations.It said the President Muhammadu Buhari-led administration was yet to take a decision on the proposal.
Minister of Information and National Orientation, Alhaji Lai Mohammed, who briefed State House correspondents after the Federal Executive Council (FEC) meeting in Abuja yesterday, said the government was still “working on a most comprehensive manner to reflate the economy.”The minister said all discussions bandied on the planned sale were mere conjectures, adding that government would soon make public its position on the matter.
The FEC also approved three memos from the Ministry of Water Resources.They are National Water Policy, National Irrigation Policy and a Draft National Water Resources Bill, which will be forwarded to the National Assembly.The policy seeks to provide strategies that will improve the management and delivery of water with particular reference to supply.
Minister of Water Resources, Suleiman Adamu, stated that the purpose was to streamline some of the many overlapping laws, which he said, were in conflict with National Inland Waterways Authority (NIWA), environment and mining, among others.Adamu stressed that the “bill seeks to sort out all those issues to have a standard national law and also to set up a proper regulatory agency to regulate the water sector.
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