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Published On: Fri, Oct 3rd, 2014

FG considering privatisation of Airports – BPE

DG-BPE-Benjamin-DikkiBy Etuka Sunday.

The Director General, Bureau of Public Enterprises (BPE), Mr Benjamin Dikki yesterday disclosed that with proper modalities in place, the federal government may privatise the nation’s airports for better efficiency.

Dikki spoke at the occasion tagged, “Privatisation Day” organised by the Bureau in collaboration with the Abuja Chamber of Commerce, Industry, Mines and Agriculture (ABUCIMA), at the ongoing Abuja International Trade Fair.

According to the DG, efforts and consultations are ongoing with the relevant stakeholders to ensure that the management of the naion’s airports is given to the private sector.

In his words, he said, “We have not yet develop timelines for the privatisation of airports. Like I mentioned, I said, we have already held discussions with the Minister of Aviation and it is agreeable that we handover the management of our airports to the private sector.

“So we have agreed in principles and we are developing the concept paper and the direction, the timelines with the minister and seek approval from the National Council of Privatisation (NCP) and Mr President before we commence the privatisation of the airports,” he said.

He said the inspection of the airports to know their true states and consultations may take up to six months before informed decision could be made.

Dikki said, the eight reform bills currently before the Federal Executive Council (FEC) for approval if passed would lead to the abrogation of monopoly sector laws, liberalisation of the sector and set up of regulatory agencies.

He said, in pursuit of the President Goodluck Jonathan’s Transformation Agenda, these bills seek to create an enabling environment for private sector investments in these various sectors of the economy, the expected outcomes are inflows of private sector investments, job creation and economic growth.

According to him, the trade fair was being driven by organised private sector, with the essence of making the private sector the driver of the nation’s economy, adding, that it was in the interest of the President to turn the trade fair into a world class one.

He said, “I will like to assure the Organised Private Sector (OPS) that the Bureau is committed to partnering with it to ensure a private sector driven economy for the nation.

“The NCP/BPE would continue to use reform and privatisation programme to engender corporate governance mechanism to reduce government transfers to Public Enterprises (PEs) and improve efficiency in the economy,” he concluded.

Meanwhile, the President of Abuja Chamber of Commerce, Industry, Mines and Agriculture (ABUCCIMA) commended the DG for the successful completion of the privatisation of the power sector, and urged him to replicate same in other sectors of the economy.

 

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