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RBDAs: Catalyst For Food Security, Job Creation, Says Water Minister ..As Okoh Gives TIC 6 Months to Complete Task

September 15, 2021

 

Minister of Water Resources, Engr. Suleiman Adamu has said that the partial commercialisation of twelve River Basin Development Authorities (RBDAs) in Nigeria by the Federal Government is to attract private sector funds for their revitalization to ensure effective and efficient service delivery as the RBDAs are strategic players in the actualization of national food security,…

 

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DG’s Corner

“The country’s fiscal space is getting increasingly constrained, as a result, government can not provide the resources required to meet all of its obligations and bridge the huge infrastructure gap, the most feasible option is to attract  private sector investments; BPE’s  current initiatives in its 2021 workplan and additional roles…

 

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For many, privatisation and commercialisation is simply a massive fire sale of government assets by the National Council on Privatisation (NCP) and its implementation arm, the Bureau of Public Enterprises (BPE).   But on the scale of one to ten though, privatisation and commercialisation combined could only be ascribed about five points out of ten, while sector reforms alone would take the remaining five points and that’s a whopping 50 percent. But of course all that the public talk about is “how our collective assets are being disposed” by the BPE in particular

But why privatisation?

Experience worldwide has shown that public enterprises have failed to live up to expectations. They tend to consume a large proportion of national resources without discharging the responsibilities thrust upon them. More importantly, they fail to share out these resources efficiently. One only needs to review the level of coverage...
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‬‬RBDAs: Catalyst For Food Security, Job Creation, Says Water Minister ..As Okoh Gives TIC 6 Months to Complete Task

Minister of Water Resources, Engr. Suleiman Adamu has said that the partial commercialisation of twelve River Basin Development Authorities (RBDAs) in Nigeria by the Federal Government is to attract private sector funds for their revitalization to ensure effective and efficient service delivery as the RBDAs are strategic players in the…

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