ABUJA — The National Council on Privatisation (NCP), chaired by Vice President Yemi Osinbajo says about 42 government agencies and companies will be privatized this year.
The Bureau of Public Enterprises (BPE) in a statement on Friday said the proposed transactions had all been approved by National Council on Privatisation during its maiden meeting at the Presidential Villa in Abuja.
The statement read in part: “The transactions are 11 in the energy sector, 10 in the industries and services sector, eight in the agriculture and natural services sector, and 13 in the Infrastructure and Public-Private Partnership (IPPP) sector”.
The council also approved the 2022 Revenue and Expenditure of the Bureau including the 2022 Workplan risks and mitigation plans.
“The workplan provides the framework for tracking the implementation and realisation 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,” it adds.
In another development, the Senate Committee on Public Accounts, chaired by Senator Mathew Urhoghide, has described as spurious allegations of financial impropriety against the Bureau of Public Enterprises (BPE) by the office of the Auditor General of the Federation (OAuGF).
The committee which cleared the bureau of the allegations when the Director-General of the Agency, Alex A. Okoh, appeared before the committee, said the OAuGF did not reconcile its records before going public to accuse BPE of a financial misdemeanour.
The OAuGF had accused the Bureau of some financial infractions; especially the non-remittance of revenue on ports concessions in the sum of $679,403,172.00.
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