Shortly after a meeting of the Federal Executive Council, FEC, at the Presidential Villa in Abuja on Wednesday, the Minister of Information and Culture, Lai Mohammed described the many reports in the media about the sale of national assets as mere speculations saying he Federal Government is yet to make any decision on it. He said;
"What the government will do is to reflate the economy, everything you have heard so far is just suggestion, until the government makes its position known. All these reports of asset sale, asset leasing and whatever is being bandied about, are nothing but speculations.
"The government is yet to come out with its position on how to bail out the economy and it will take that position," he said.
When informed that a meeting of the National Economic Council, NEC, that held last week has recommended asset sale, the Minister said "NEC will recommend but it is the Federal Executive Council that will decide and what we decide will be the position of government."
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