{"id":85562,"date":"2021-09-04T23:08:31","date_gmt":"2021-09-04T22:08:31","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=85562"},"modified":"2021-09-04T23:08:31","modified_gmt":"2021-09-04T22:08:31","slug":"nigerian-govt-outlines-firms-for-sale-concession-full-list","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/nigerian-govt-outlines-firms-for-sale-concession-full-list\/","title":{"rendered":"Nigerian govt outlines firms for sale, concession \u2013 (FULL LIST)"},"content":{"rendered":"<div id=\"m#msg-f:1709998592584177426\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\" style=\"text-align: justify;\">The Nigerian government hopes to sell or temporarily hand over control of dozens of state-owned businesses in a bid to resuscitate them in 2021 and beyond.<\/div>\n<div class=\"mail-message-content collapsible zoom-normal mail-show-images \" style=\"text-align: justify;\">\n<div class=\"clear\">\n<div dir=\"auto\">\n<div dir=\"auto\">\nAn investors\u2019 guide by the Bureau of Public Enterprises (BPE) invites potential investors to take advantage of the opportunities available and incentives offered by the government and buy into those businesses.<\/p>\n<p>\u201cIn our collective efforts to create the enabling environment for the private sector to become the centre point for growth and economic prosperity, the Bureau has reformed and privatised over 234 public enterprises and carried out far-reaching reforms that have transformed the Telecommunications, Pension, the Ports Terminals, Debt Management and the Power Sector, among others,\u201d the document said.<\/p>\n<p>For the current year and beyond, the Bureau said it has over 36 transactions and projects, including new reform initiatives for the health, education, and oil &amp; gas sectors.<\/p>\n<p>The document listed the various 2021 definitive projects under the purview of the Bureau of Public Enterprises (BPE) to include the Nigeria Integrated Power Projects (NIPPS); Calabar, Geregu, Omotosho and Benin (IHOVBOR); Transmission Company of Nigeria (TCN); Zungeru Hydro Plant; Nigerian Postal Service (NIPOST); Abuja Environmental Protection Board (AEPB) and the Nigeria Film Corporation (NFC).<\/p><\/div>\n<div dir=\"auto\">\nOthers are the Federal Capital Territory Water Board; Abuja International Conference Centre (AICC); Save sugar company; Lagos international trade fair complex (LTFC); Tafawa Balewa Square (TBS); River Basins Developments Authorities (RBDAS); Bank of Agriculture (BOA) and the Nigeria Commodity Exchange (NCX).<\/p>\n<p>Incentive<br \/>\nAs part of its investment incentives in agriculture and agro-allied, transport, aviation, manufacturing, solid minerals and power sectors, the government is offering zero percent import duty on equipment, aircraft, machinery and other related equipment.<\/p>\n<p>The general requirement to access the tariff based incentives include evidence of Corporate Affairs Commission\u2019s registration, tax compliance by means of Tax Identification Number (TIN), certification by relevant ministry, among others.<\/p>\n<p>Meanwhile, the Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh, last week received the report of the federal government\u2019s four inter-agency committees on the resuscitation of the ailing and non-performing privatised enterprises.<\/p><\/div>\n<div dir=\"auto\">\nIn a statement signed by the agency\u2019s Head of Public Communications, Amina Othman, Mr Okoh assured of BPE\u2019s commitment to collaborate with relevant agencies to resuscitate the moribund enterprises.<\/p>\n<p>On March 23, the BPE inaugurated the four committees to help resolve the complexities and challenges hindering the growth and development of some privatised enterprises.<\/p>\n<p>The teams were made up of members drawn from the relevant sectors, ministries, BPE and the private sector.<\/p><\/div>\n<div dir=\"auto\">\nAccording to the statement, Mr Okoh disclosed that the government, through the National Council on Privatisation (NCP), had directed the BPE to investigate the causes of the poor performances of moribund enterprises.<\/p>\n<p>\u201cAlso to proffer viable and acceptable solutions to resuscitating them to perform optimally, create employment, boost the economy and increase Gross Domestic Product (GDP) among other benefits,\u201d the BPE director-general said.<\/p>\n<p>Mr Okoh assured that the findings of the committees would be shared among all stakeholders in order to spur them to meet their organisational objectives and that of the Nigerian government\u2019s privatisation and reform programme.<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Nigerian government hopes to sell or temporarily hand over control of dozens of state-owned businesses in a bid to resuscitate them in 2021 and beyond. An investors\u2019 guide by&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":79045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-85562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nigerian govt outlines firms for sale, concession \u2013 (FULL LIST) - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/nigerian-govt-outlines-firms-for-sale-concession-full-list\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigerian govt outlines firms for sale, concession \u2013 (FULL LIST) - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"The Nigerian government hopes to sell or temporarily hand over control of dozens of state-owned businesses in a bid to resuscitate them in 2021 and beyond. 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