BPE receives reports on non-performing privatised enterprises

The federal government’s four inter-agency committees on the resuscitation of ailing/non- performing privatised enterprises in the country have submitted their reports to the Bureau of Public Enterprises (BPE).

Disclosing this in a statement at the weekend, the Director General of BPE, Mr. Alex A. Okoh, reiterated the bureau’s commitment to collaborate with relevant agencies to resuscitate and bring to life, the moribund enterprises.

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Receiving the reports of the committees at the Bureau’s corporate office in Abuja, Okoh expressed the hope that with the wealth of experience, expertise, commitment, diligent and intellectualism exhibited by the members in the course of carrying out their assignment, the outcomes would bring the desired solution to the non-performing privatised enterprises.

He said the affected enterprises, privatised about ten years ago, have failed to meet the aim of the privatisation and the reform programme of the federal government, hence the government, through the National Council on Privatisation (NCP), directed the BPE to investigate the reasons for their inability to perform.