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Bureau of Public Enterprises

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Bureau of Public Enterprises
Since 1999

formulating new policy, establishing a new legal and regulatory framework, Structural changes to the sector and the institutional operatives

The National Council on Privatisation (NCP)

Established under the provisions of the Public Enterprises (Privatisation and Commercialisation) Act of 1999, through its secretariat, the Bureau of Public Enterprises (BPE), was charged with driving the Federal Government’s programme of privatising public enterprises, carrying out sector reforms and liberalization of key economic sectors especially the infrastructure sector.

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For many, privatisation and commercialisation is simply a massive fire sale of government assets by the National Council on Privatisation (NCP) and its implementation arm, the Bureau of Public Enterprises (BPE).

But on the scale of one to ten though, privatisation and commercialisation combined could only be ascribed about five points out of ten, while sector reforms alone would take the remaining five points and that’s a whopping 50 percent. But of course all that the public talk about is “how our collective assets are being disposed” by the BPE in particular

The point is often made that when you privatize, you sell only one enterprise, but when you reform you open up an entire sector thereby creating many more enterprises in the sector through the creation of enabling environment for private sector participation.

“The proposals will benefit overdraft and high-cost credit users, rebalancing in the favour of the customer ”

In 1999, Nigerian began a process of accelerated reform of the key sectors of the economy to align with its changing status from a military government to an emerging democracy. Political democracy without attendant economic democratisation cannot lead to growth of any society.

To be the model reform agency


  • To be the key driver of Government economic reform programme
  • To be the resource centre for capacity building and sustenance of reforms through:
    a)Promoting a competitive private sector driven economy and
    b)enfranchising Nigerians Institutionalising social accountability and
    c)efficient deployment of public resources
    d)Enthronement of effective corporate governance and
    e)financial discipline in the public and private sectors


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