There has been a simmering crisis brewing between the Bureau of Public Enterprises (BPE) and the Ministry of Finance Incorporated (MOFI) over who owns the mandate to optimize government assets. Established under the Public Enterprises (Privatisation and Commercialisation) Act of 1999, through its secretariat, the Bureau of Public Enterprises (BPE) is charged with driving…
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Following the economic crunch facing the Nigerian Government, the country is reportedly considering selling stakes in about 20 state-run companies in a bid to raise funds and improve governance at the entities. These sales may be part of President Bola Tinubu’s plan to reform the country’s economy.