FAQS

FAQS
And what have been the outcomes of public enterprises in Nigeria?

The outcomes have been disappointing and include: Corruption and mismanagement leading to low productivity; Dependence on continued funding from government...
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FAQS
Why do public enterprises exist in Nigeria?

Public enterprises, like in other countries, were established with good intentions for the welfare of the people. The overriding reasons...
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FAQS
What is an initial public offering?

An initial public offering, or IPO, is the sale of a company’s shares on the stock market for the first...
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FAQS
What is a stock market?

The stock market is an institution where shares (as defined above) are bought and sold.  Shares can be sold as...
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FAQS
What is a core investor sale?

A core investor sale is defined as the transfer of at least 51% of ownership, accompanied by management control, in...
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FAQS
What is a share?

A share is a portion of a company owned by an individual, a group of individuals, or a firm.  Shares...
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FAQS
What is privatisation?

Privatisation, in the simplest term, is the transfer of ownership from the government (or public) sector to the private sector. ...
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FAQS
What is a State-Owned or Public Enterprise?

There are many possible definitions of what a state-owned enterprise (SOE) or public enterprise (PE) is. We define PEs as...
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FAQS
What is the Bureau of Public Enterprises (BPE)?

The Bureau of Public Enterprises (BPE) is the Federal Government agency tasked with implementing the government’s privatisation programme, as the...
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