• Why we opposed FG’s plan to borrow $29.96bn – NLC explains

    Why we opposed FG’s plan to borrow $29.96bn – NLC explains

    According to reports, the Nigeria Labour Congress (NLC) said it will not support the plan by the Federal Government to borrow more money from anywhere as the country obviously has enough burden to contend with.

    The government plans to borrow $29.96billion externally.

    The NLC at its National Executive Council (NEC) meeting at the weekend in Sokoto if the government vigorously pursues those in possession of the nation’s collective wealth, especially multinationals who have refused to remit funds meant for the country, it […]

  • We’re opposed to assets’ sale, not concessioning – Senate

    We’re opposed to assets’ sale, not concessioning – Senate

    Following the Senate’s refusal to throw its weight behind the proposed sale of national assets by the federal government, the Red Chamber has said that further consideration into the matter is not foreclosed, as concession remains another viable option.

    Majority Leader of the Senate, Senator Mohammed Ali Ndume, made the disclosure while briefing journalists in his office at the National Assembly, Abuja, at the weekend.

    Recall that the federal government had recently considered the sale of critical national assets in order to […]