Ndubuisi Francis in Abuja
The Bureau of Public Enterprises (BPE) has inaugurated four committees to come up with a mechanism for addressing the complexities and challenges hindering the growth and development of some privatised enterprises in the country, which were taken over by core investors over 10 years ago.
BPE’s step is a calculated attempt to ensure that privatised entities provide dividends to the citizenry in line with the privatisation policy of the federal government.
The privatisation agency said the committees are also to provide policy makers with further insight into the practical realities facing the sectors in which the enterprises were privatised and proffer credible solutions to addressing the problems.
The four committees are those on the housing sector (the Bricks and Clay), Mines and Steel Development, Oil Palm and Automobile. The fifth
committee on Paper Mills had earlier been…
