Nigeria’s Vice President Kashim Shettima, has directed the National Council on Privatization to hold regular meetings and take decisions that will help improve the fortunes of government institutions and assets.
He gave the directive on Tuesday, when he chaired the meeting of the reconstituted Council on privatization which he heads.
The Minister of Budget and Economic Planning, Atiku Bagudu, who is also a member of the Council, disclosed this in an interview with State House Correspondents.
He said: “The Vice President gave the mandate that the Council must meet as regularly as possible so that where we need to reform institutions, we do so with despatch; where we need to sell or concession them, or even arrange them in a way that will bring more value to Nigerians, that will also be done with despatch so that the assets are put to better use, incomes and employment are generated form them and national prosperity is enhanced.”
The Minister further stressed that the Council will continue to take decisions that will make the Nigerian public enterprise sector more efficient.
He said the Council at its Tuesday meeting approved four Standing Committees of the Council as well as the 2024 work plan for the Bureau for Public Enterprises (BPE).
