The Bureau of Public Enterprises (BPE) has constituted four committees to help resolve the complexities and challenges hindering the growth and development of some privatised enterprises.
The committees are those on Housing Sector , Mines and Steel Development, Oil Palm, Automobiles and Paper Mills.
Mr Okoh said the committees were mandated to come up with a mechanism to redress the issues hindering the growth and development of some privatised enterprises handed over to core investors over a decade ago under the privatisation policy of the federal government. He said the resolution of the meeting was that most of the affected enterprises have remained suboptimal since privatisation despite occupying strategic places in the nation’s economy.
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