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News Flash! Senate Opposes Saraki, Says NO To Sale Of National Assets

The senate has voted against the sale of Nigeria’s assets. Ali Ndume, senate majority leader, moved a motion urging the senate to reject the proposal for the sale of the nation’s assets.

“I move that ‎the senate oppose the sale of national assets to shore up our reserves,” he said. Senate President Bukola Saraki put the motion to a voice vote to which “the ayes had it”.

Last week, the upper legislative chamber, had debated on ways to get the economy out of recession. On Tuesday, the recommendations from the debate were harmonized and presented as resolutions to the executive.

The federal government is mulling the sale of national assets to generate funds to finance key infrastructural projects, and to generate enough liquidity to pull the economy out of recession.

In a 14-point statement last Wednesday, Saraki recommended the sale of national‎ assets to shore up the nation’s reserves.

But, on Tuesday, his colleagues took the opposite position.

Debates over the idea of selling national assets have been raging for weeks, with Aliko Dangote‎, president of Dangote group, and Muhammad Sanusi II, emir of Kano, espousing it.

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  • Justice Elmer

    There couldn’t be any decision more right..

  • Justice Elmer

    If we had made this mistake, we would have regretted it for generations

  • Justice Elmer

    That’s a relief.. Whooooo!!

  • Justice Elmer

    God bless you guys..

  • Cornel Nwankwo

    That is good of them and i hope they meant it.

  • Cornel Nwankwo

    I knew it was no go area for the sale of national assets

  • Mezzy Gilbert

    Thank God dey disagreed

  • Mezzy Gilbert

    Dangote wants to own lng,like say oil dey e backyard,militant go bomb am join

    • Justice Elmer

      Lol… No be say you talk

  • emekachilaka

    is only fool we agree to that stupid idai

  • Olovo Obinna

    Can u imagine what this law makers were even discussing….their satanic agenda in this nation will failed terribly

    • COLLINS OJARIKRE

      Dey wnt to sell de most powerful national asset to a northerner…. Dis president is so pushing for his northern agenda………..wit dangote

      • Mezzy Gilbert

        I dislike dt dangote,aftet dem go say make militant no react

        • Cornel Nwankwo

          Hmmmmmmmmmm
          Someone who is helping almost all Nigerians

      • Olovo Obinna

        Thunder go fire them one by one

  • Their NO should better stand

  • kayode akinsanya

    Noooooo, saraki is thief na, what do you expect from criminal.

    • Exactly

    • Olovo Obinna

      Is he not an apc chieftain….

      • kayode akinsanya

        Doesn’t matter

    • Mezzy Gilbert

      No b dem wan buy d assets, individual go get money pass country,it is a wa

      • kayode akinsanya

        Too bad

  • IG: Jiafid

    Good one from them all for saying NO

  • WillieBravo

    Gooood! For once they seem to be applying their brains.