Wed, 24 Jul 2024

Bureau of Public Enterprises (BPE)

BPE to execute 42 transactions in 2022
 
From: CEOAFRICA NEWS: Reported by Timileyin Oni
Sat, 5 Feb 2022   ||   Nigeria,
 

The Bureau of Public Enterprises (BPE) is to implement 42 transactions in its 2022 work plan.

CEOAFRICA gathered that The National Council on Privatisation (NCP), chaired by the Vice President, Professor Yemi Osinbajo (SAN) has approved the transactions.

BPE’s Head of Public Communications, Ibeh Uzoma Chidi disclosed this in a statement at the weekend.

The transactions are 11 in the Energy Sector, 10 in the Industries and Services Sector, 8 in the Agriculture and Natural Services Sector, and 13 in the Infrastructure and Public-Private Partnership (IPPP) sector.

Rising from its first meeting for the year 2022, at the Presidential Villa, Abuja, after its inauguration last week, Council also approved 2022 Revenue and Expenditure of the Bureau including the 2022 work plan risks and mitigation plans.

It will be recalled that the BPE at the end of every year, carries out a postmortem review of its activities and achievements via a vis the current year’s work plan and prepares a detailed work plan containing the deliverables and the cost and revenue estimates for the incoming year for consideration and approval by the NCP.

The work plan provides the framework for tracking the implementation and realization of the approved projects contained therein. It is a compendium of the various projects and reform initiatives that the BPE intends to carry out in 2022.

 

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