{"id":4766,"date":"2024-05-31T12:39:37","date_gmt":"2024-05-31T12:39:37","guid":{"rendered":"https:\/\/www.bpe.gov.ng\/?p=4766"},"modified":"2025-09-08T01:15:29","modified_gmt":"2025-09-08T01:15:29","slug":"mofi-bpe-forge-alliance-to-optimise-fgs-assets","status":"publish","type":"post","link":"https:\/\/bpe.gov.ng\/staging\/mofi-bpe-forge-alliance-to-optimise-fgs-assets\/","title":{"rendered":"MOFI, BPE Forge Alliance to Optimise FG\u2019s Assets"},"content":{"rendered":"<p style=\"text-align: left;\">Ministry of Finance Incorporated (MOFI) and the Bureau of Public Enterprises (BPE) on Tuesday entered into a collaborative partnership aimed at bolstering the federal government\u2019s asset management and investment prospects. The agreement, witnessed by the Deputy Chief of Staff to the President (Office of the Vice President), Senator Ibrahim Hadejia, at the State House in Abuja, is part of the Presidential Enabling Business Environment reforms, which have streamlined government operations. The MoU seeks to establish a clear relationship between the two entities, ensuring effective delivery of their respective mandates, particularly in optimising government assets.<\/p>\n<p style=\"text-align: left;\">Speaking while presiding over the event, Hadejia, said the partnership followed the recent reform of MOFI, which redefined some of its roles and created new mandates, leading to overlaps with the BPE\u2019s existing responsibilities. His words: \u201cWe are here today for the joint signing of a memorandum of understanding between MOFI and the BPE. This is a result of the federal government\u2019s reform of MOFI, which redefined some of its roles and created new mandates. We identified some overlaps between the new MOFI mandate and what the BPE is doing.\u201d<\/p>\n<p style=\"text-align: left;\">Earlier, Managing Director\/Chief Executive Officer of MOFI, Dr. Amstrong Takang, noted that there is a need for a clear delineation of responsibilities between the two entities. According to him: \u201cThe reform of MOFI had led to the need to clearly define the relationship between both government\u2019s entities for more effective delivery. \u201cThis will ensure a more effective delivery of our respective mandates, especially at a time like this when the government needs all the resources to deliver on good governance and optimize its assets. We are very excited about the new phase in our relationship\u201d.<\/p>\n<p style=\"text-align: left;\">Also speaking, Acting Director General of the BPE, Ignatius Ayewoh, said the partnership is aimed at fostering an investment-friendly environment in the country. He said: \u201cThis event signifies that Nigeria is an investment-friendly clime. The BPE recognizes deeply that investors want where there is a legal and regulatory relationship between the agencies of government. We are excited to move ahead, and together we will make sure that is not undermined in international business relationships.\u201d\u00a0 \u00a0<a href=\"https:\/\/www.thisdaylive.com\/index.php\/2024\/05\/29\/mofi-bpe-forge-alliance-to-optimise-fgs-assets\/\">https:\/\/www.thisdaylive.com\/index.php\/2024\/05\/29\/mofi-bpe-forge-alliance-to-optimise-fgs-assets\/<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-4767\" src=\"https:\/\/www.bpe.gov.ng\/wp-content\/uploads\/2024\/05\/BPE-MOFI-MoU-300x206.jpg\" alt=\"\" width=\"300\" height=\"206\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ministry of Finance Incorporated (MOFI) and the Bureau of Public Enterprises (BPE) on Tuesday entered into a collaborative partnership aimed at bolstering the federal government\u2019s asset management and investment prospects. The agreement, witnessed by the Deputy Chief of Staff to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":15288,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MOFI, BPE Forge Alliance to Optimise FG\u2019s Assets - Bureau of Public Enterprise<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bpe.gov.ng\/staging\/mofi-bpe-forge-alliance-to-optimise-fgs-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MOFI, BPE Forge Alliance to Optimise FG\u2019s Assets\" \/>\n<meta property=\"og:description\" content=\"Ministry of Finance Incorporated (MOFI) and the Bureau of Public Enterprises (BPE) on Tuesday entered into a collaborative partnership aimed at bolstering the federal government\u2019s asset management and investment prospects. 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