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Breaking: Nigerian Senate Rejects Sale of National Assets

The Nigerian Senate, Tuesday rejected the calls for the sale of the country’s national assets. On its social media handle, the Senate said it “rejected prayer 3 of the recommendations of the Ad Hoc Committee which sought for the sale of National Assets to shore up Foreign Reserve”.

This was during the proceeding of Senate Plenary for Tuesday 27th of September 2016.” Senate Leader, Ali Ndume stood vehemently against the sale of the assets even as other senators backed him.

“The senate oppose sale of National Assets to shore up Foreign Reserves”.



Meanwhile, the Organised labour, yesterday, said it was mobilising to confront the Federal Government over its decision to sell some national assets which had before now sustained the nation’s economy.

Organised Labour’s declaration came on a day the National Union of Textile, Garment and Tailoring Workers of Nigeria, NUTGTWN, cautioned President Muhammadu Buhari against planned sale of the assets.

Addressing journalists in Abuja, president of Nigeria Labour Congress, NLC, Comrade Ayuba Wabba, described the proposed decision of the government to dispose of the national assets as reckless auctioning of the nation’s commonwealth to a coterie of capitalists and government’s close associates.

Wabba, who also inaugurated a committee, alongside the Academic Staff Union Of Universities, ASUU, to engage the Federal Government on the issue, said if the dialogue with the government to stop the sale of national assets failed, it would mobilise its members across the country to embark on a nationwide protest.

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