Nigeria’s Vice President Kashim Shettima has called for close collaboration among ministries, departments and agencies (MDAs) of government to actualise the agenda of President Bola Tinubu across different sectors.
The Vice President made the call in comments at the National Council on Privatization (NCP) on Wednesday which he chaired and where the 2021 and 2022 audit financial reports of the Bureau of Public Enterprises (BPE) were ratified.
The Council also applauded the progress made by the BPE in the implementation of its 2024 work plan aimed at strengthening its operations and directed the BPE to further engage with relevant parties in the resolution of the dispute in the sale of the Sapele II (Ogorode Generation Company Ltd) and the sale of coal blocks belonging to the Nigerian Coal Corporation.
The Vice President commended the new management of the BPE for its diligence and renewed vision, urging stakeholders to support the realization of the bureau’s set objectives.
He particularly commended the agency for its close supervision and conclusion of the Zungeru Hydroelectric Power Plant concession, as well as efforts to establish an Independent System Operator.
Presenting a progress report on the 2024 work plan of the BPE, the Director General, Ayodeji Gbeleyi, reported the Bureau generated the sum of N93.47 billion in the first and second quarters of 2024 from three transactions, representing 35.9% of expected revenue during the period under review.
The DG highlighted measures adopted by the agency to improve its operations such as the strengthening of concession management capacity, reinvigoration of post-transaction management capacity for effective performance and the deployment of best practices in reform optimization of public enterprises.
Editor Oloyede Oworu
