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BPE outlines due process for investors

The Director-General of Bureau of Public Enterprise, BPE, Mr Alex Okoh has called on investors to follow due process in acquiring Federal Government assets.

He made that call today at a media briefing on the this year’s work plan, revenue and expenditure projection in Abuja.

Mr Alex Okoh said investors should be ready to go through the lay down procedure and all federal government assets must be accounted for.

The Director-General of BPE, Mr Okoh gave the summary of transactions in all the five departments which are energy, development institutions and natural resources, I & PPP, Industries and communication and post transaction management.

According to Mr Okoh, twenty transactions were carried out in the year under review, total revenue proceeds is N270,790,591,293.00 while total expenditure was N266,852,072,505.00.

Director-General of BPE, Mr Alex Okoh with newsmen in Abuja.

Mr Okoh maintained that macroeconomic would enhance employment indices and growth in gross domestic product.

He expreesed the hope that BPE would ensure all privatized firms performed optimally in service delivery to Nigerians.

The Director-General said that 2020 transaction would boost government revenue, foreign direct investment and stimulate economic growth.

Adeniyi Bakare

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