President Muhammadu Buhari allegedly plans to sell five power plants to obtain N260 billion to pay the 2023 budget, according to former federal legislator Senator Shehu Sani.
On Wednesday, Sani revealed this in a message on his verified Twitter account.
With less than six months left in his presidency, Buhari’s N44 trillion debt burden has drawn his worry.
The administration allegedly aims to buy public assets for itself, according to the former lawmaker.
He wrote, “After piling up N44 trillion debt; With less than six months to go, the Buhari-led FG wants to sell our five power plants to raise N260 billion in the name of funding the 2023 budget.
“When they want to sell public assets to themselves, they will hide themselves & send their business friends to ‘bid’. After buying the assets, they will appoint their children, Brothers or inlaws to chair the Board. After 5 years or more, the identity of the real buyer will be known.”
