Africa News Nigeria: BPE inaugurates four questions on the face of...

Nigeria: BPE inaugurates four questions on the face of private enterprises

-

- Advertisment -

Privy Council Office of Public Enterprises (BPE) in its determination to ensure that privatized enterprises in the United States challenges hindering the growth and development of some privatized enterprises in the country which were handed over to the core investors over ten years ago.

The committees are also responsible for the implementation of the principles of the sector, which have been privatized and proffer credible solutions to addressing the problems. They are the committees on Housing Sector (the Bricks and Clay), Mines and Steel Development, Palm Oil and Automobiles. The fifth committee on paper was inaugurated.

Inaugurating the committees in Abuja on Thursday, March 7, 2019, Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh Reviewed the National Council on Privatization (NCP) at its meeting of April 12, 2018 reviews the performances of some privatized enterprises in the past ten years and they have occupied a strategic place in the nation's economy but have remained suboptimal since privatization.

Okoh said the NCP also took cognizance, the need to resuscitate and reposition the enterprises in order to enhance their market value and their overall contribution to the economy.

Therefore, he said, the NCP is organizing its secretariat (BPE) to organize an Enterprise Stakeholders / Investors Forum with the objective of creating a platform where the Core Investors of the privatized enterprises, potential investors for their resuscitation through partnership between the private and public sectors; This report is in line with the Economic Recovery and Growth Plan (2017) of the Federal Government.

The Director General noted the role of the BPE to engage stakeholders in its program design and execution in order to solicit their cooperation, support and participation in the success of the privatization program and the Nigeria economy.

Okoh implored members of the committees to work assiduously and submit their report within 90 working days' timeline.

The Bureau of Public Enterprises (BPE) and the private sector.

Spread the love
  • 2

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Coronavirus (Covid-19): Comment la Côte d’Ivoire prépare la riposte en cas d’épidémie; 600 millions de fcfa mobilisés

N’empêche que le risque demeure. L’Oms a alerté ce samedi sur la vulnérabilité des systèmes de santé sur le...

Sheikh Fahim Al Qasimi, Chairman, Department of Government Relations (DGR) – Sharjah

Sheikh Fahim Al Qasimi, Chairman, Department of Government Relations (DGR) – Sharjah, has been conferred the title of Special...

‘One Sharjah’ behind Pink Caravan Ride’s efforts;

‘One Sharjah’ behind Pink Caravan Ride’s efforts;400+ volunteers join equine awareness route    Reem BinKaram: When we started we...

AM – UAE Polo Team Advances to the Semifinals of the Standard Chartered Gold Cup 2020

The first game of the Dubai Open 2020 quarterfinals was a match between Habtoor Polo and AM...

Abu Dhabi marks Indian Market milestones of 8.2 per cent growth with new initiatives

On Left - Mr. Adel Saeed Al Jaberi, Senior Executive Promotion, DCT - Abu Dhabi & On Right- Mr....

Passengers on Emirates coronavirus flight spent nearly two hours in Bali airport

"The person passed through the terminal hall, where if she was showing symptoms , the scanner would've picked it...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you