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BPE: Inefficient public enterprise management slowing Nigeria's growth

The Bureau of Public Enterprises (BPE) has blamed the gross inefficiency of Nigeria’s publicly owned enterprises for the country’s low GDP growth.
LATEST NEWS

Federal government to sell Yola DisCo, two power plants in fresh privatisation exercise

Nigeria will attempt to re-sell the Yola Electricity Distribution Company (Disco), which was returned to it in 2015 by a core investor after declaring a force majeure on its operation of the network, as well as two gas power generation…
Press Release

The Buhari Govt. Is Committed To Private Sector Driven Economy-Okoh

February 6, 2019

 

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has reiterated the commitment of the President Muhammadu Buhari’s administration to a private sector driven economy; and called on local and international businessmen to take advantage of the government’s open door policy to establish businesses in the country. Speaking at the official…

 

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DG’s Desk

We are investing in our human capital and it is yielding results BPE is open for business. At the onset of the current leadership, the Bureau introduced a new vision and programme philosophy aimed at rediscovering its core values of transparency and integrity, and repositioning it for a future of…

 

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Adverts / Tenders

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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