BPE To Execute 42 Transactions, As Council Approves 2022 Budget

The National Council on Privatisation (NCP), chaired by the Vice President, Professor Yemi Osinbajo (SAN) has approved the Bureau of Public Enterprises (BPE)’s 2022 work plan, as well as budget.

A statement by the Bureau said while 11 transactions are in the Energy Sector, 10 in the Industries and Services Sector, 8 in the Agriculture and Natural Services Sector, 13 will be in the Infrastructure and Public Private Partnership (IPPP) sector.

The approval of the work plan which also includes the 2022 budget of the bureau is the fallout of councils meeting.

The work plan contains the deliverables and the cost and revenue estimates for the year.

It also provides the framework for tracking the implementation and realisation of the approved projects contained therein. It can also be said to be a compendium of the various projects and reform initiatives which the BPE intends to carry out in 2022.

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