Saturday, February 27African Business News
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Tag: Bureau Veritas

Release dead assets to private sector, LCCI tasks Federal Government

Release dead assets to private sector, LCCI tasks Federal Government

Economy
Worried over the rising debt profile of Nigeria, the Lagos Chamber of Commerce and Industry (LCCI) has charged the federal government to sell dead assets to the Organised Private Sector (OPS) to reduce the nation’s debt profile. The president, LCCI, Mrs. Toki Mabogunje, stated this on the side lines of the official presentation of ISO 9001:2015 certificate to the Chamber in Lagos. She said the Federal Government should urgently organize Public-Private Partnerships (PPPs) to turn certain assets into viable entities to earn the nation foreign exchange. In her words, “The debt profile is a concern to all of us and one of the things we have realized is that as a country we have a lot of assets and they are dead assets. The federal government has property all over the country. Ther...