The reality of the state of the Nigerian economy may have dawned on the Federal Government as reports have it that it is mulling selling stakes in about 20 state run companies.
The move, according to a report by Bloomberg, is to raise funds and improve corporate governance in the companies.
According to the Chief Executive Officer of Finance Ministry Incorporated, an agency of the Federal Ministry of Finance, Budget and National Planning, Armstrong Takang, the entities include Nigerian National Petroleum Corporation Limited (NNPCL).
