Buhari directs finance ministry to sell all recovered assets

President Muhammadu Buhari has directed the ministry of finance, led by Zainab Ahmed, to sell all recovered and liability-free assets in six months.

A number of politicians and former government officials will be affected by this because some assets have been seized in the course of the war against corruption embarked on by the Buhari administration.

Speaking on Tuesday while briefing the house of representatives joint committee on finance, appropriation, planning and economic development, Udoma Udo Udoma, the minister of budget and national planning, said the federal government is determined to improve its revenue generation in 2019.

“The Ministry of Finance, working with all the relevant authorities, has been authorized to take action to liquidate all recovered, unencumbered assets within six months,” he said.

– The Cable