The House of Representatives on Wednesday moved in favour of a motion urging the federal government to suspend the consideration of the sale of the Nigeria Liquefied Natural Gas.
This followed a motion sponsored by Representative Brown Randolph from Rivers state who expressed concern that the planned sale of the asset for an ambitious fiscal stimulus plan involving the generation and injection of massive foreign capital is not a step in the right direction.
Representative Randolph noted that the sale of NLNG will affect Nigerian workers.
He is of the opinion that no nation resorts to selling of assets during challenging times.
He is also worried that the Revenue Mobilization Allocation and Fiscal Commission as well as the Nigeria Labour Congress had frowned at he move and warned the federal government against the sale of national assets especially the NLNG.
While suggesting other options of helping the nation fully come out of recession Randolph Brown prayed to the House to mandate its Committee in Gas Resources to ensure Compliance.
His motion is coming months after the Minister of Budget and National Planning Udoma Udo Udoma said one of the ways to fund the fiscal stimulus plan would be through the sale of some national assets and the proceeds reinvested in the economy to raise the needed capital for infrastructural development.