FG set to revamp, privatise state-owned enterprises

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Alhaji Lai Mohammed (second right); the Director General of the National Orientation Agency, Dr. Garba Abari (extreme right); the Director General of the Bureau for Public Enterprises, Mr. Alex Okoh (second left) and the Chairman, Business Editors of Nigeria, Mr. Omoh Gabriel, at the Stakeholders’ Media Interactive Forum on the privatisation of state-owned enterprises in Lagos on Monday.

The Federal Government is implementing critical reforms and privatisation in key sectors of the economy to address the abysmal failure of state-owned enterprises and halt the drain on the treasury.

The Minister of Information and culture Alhaji Lai Mohammed, said this in Lagos today at a Stakeholders’ Media Interactive Forum on the privatisation programme of the Federal Government.

Alhaji Mohammed is also the Chairman of the Stakeholders’ Engagement Committee of the National Council on Privatisation (NCP).

He said despite the massive investments of about $100 billion in setting up…



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