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Published On: Fri, Sep 12th, 2014

Privatisation success: BPE lauds development partners

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By Etuka Sunday

The Director General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Dikki has revealed that the agency’s Collaboration with international development partners has positioned the Bureau as Knowledge based Institution.

He said without the Technical and Financial support of the World Bank, the US Agency for International Development (USAID, the United Kingdom Department for International Development (DFID) and other development partners, the reform and privatization programme of the Federal Government would not have achieved the success recorded so far.

A statement by the Head, Public Communications, BPE, Chigbo Anichebe, quoted the Dikki to have made the revelation in Abuja on Wednesday in a presentation to the staff of DFID and other international development partners on “the federal government’s privatization and economic reform programme”.

He told the international audience that the overarching objective of the Federal Government’s Reform and Privatization program was the need to “provide our people with the basic and affordable infrastructure to enable them create employment for themselves” as well as redirect funding by Government to other key sectors of the economy that are socially imperative such as health, education, etc. and encourage the

private sector to be the engine room for economic growth and development.

He took them through the history of reforms in Nigeria and some of the key reform initiatives of the Bureau, noting that Power Sector Policy of 2001 and Electric Power Sector Reform Act of 2005 were aimed at ensuring sustained electricity supply by creating a conducive investment environment for private sector investment and managerial expertise

 

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