BPE to implement 42 transactions in 2022 work plan –spokesman


By Aluta News

Feb. 4, 2022

The Bureau of Public Enterprises (BPE) says it has earmarked 42 transactions in different sectors for execution in 2022.

A statement issued in Abuja, on Friday, by Mr Ibeh Chidi, Head, Public Communications, said that the transactions were part of the 2022 work plan of the bureau.

He also said that the National Council on Privatisation (NCP), chaired by Vice President, Prof. Yemi Osinbajo, had approved the work plan.

Giving a breakdown of the transactions per sector, Chidi said 11 were earmarked for the energy sector,10 in the Industries and Services sector, eight in the agriculture and natural services sector and 13 in the Infrastructure and Public Private Partnership (IPPP) sector.

“Rising from its first meeting for year 2022 after its inauguration, council also approved 2022 revenue and expenditure of the bureau, including the 2022 work plan risks and mitigation plans.

“It would be recalled that the BPE at the end of every year, carried out a post-mortem of its activities and achievements via-a-vis the current year’s work plan.

“It prepared a detailed work plan containing the deliverables and the cost and revenue estimates for the incoming year, for consideration and approval by the NCP.”

Chidi said that the work plan provided the framework for tracking the implementation and realisation of the approved projects contained therein.

He added that the work plan was a compendium of the various projects and reform initiatives which the BPE planned to carry out in 2022.