BPE, 2 Others To Conduct Impact Assessment of Privatized Firms
The Bureau of Public Enterprises (BPE) in collaboration with the National Bureau of Statistics (NBS) and Nigeria Institute of Social and Economics Research (NISER) is set to conduct an Impact Assessment on some selected Privatized Enterprises under the reform and privatization programme of the Federal Government, Director General of the Bureau, Mr. Alex A. Okoh has disclosed.
Okoh who made this known at the inaugural meeting of the Assessment Technical Working Group (ATeWG) held in the BPE corporate headquarters said the essence is to enable the Federal Government showcase the impact or otherwise of the Privatization programme.
The Director General who was represented by the Director of Development Institutions and Natural Resources Department (DI & NR) in the Bureau, Mr. Joe Anichebe noted that after three decades of the privatization programme, the Bureau deemed it necessary to review the performances of the privatized enterprises to ascertain whether or not the targeted objectives of the programme have been achieved.
The Assessment Technical Group which is chaired by a Deputy Director in the Bureau, Mr. Adbdul-Azeez Mu’azu Mafindi, has membership drawn from the NISER, NBS and BPE. The group is to carry out neutral assessment of the Bureau’s concluded transactions to showcase the achievements and challenges encountered by the privatised enterprises as well as monitor the growth, efficiency of privatised enterprises.
It is also to evaluate and assess the effectiveness of privatised enterprises using relevant and accurate data used in planning effective interventions.
Assessment Study will be carried out on six sectors namely; The Telecommunications Sector, Maritime Sector (Ports), Eleme Petrochemicals Company, Cement Companies, Ground Handling companies (NAHCOL & SAHCOL), and the Hospitality Sector.
Mr. Louis Chete, representative of the NISER thanked the BPE for the initiative and promised to work with the Bureau to achieve the desired goal.