FG is not Selling Lagos Trade Fair Complex, Says BPE - THISDAYLIVE via thisdaylive
The Bureau of Public Enterprises has declared that the federal government does not intend to sell the Lagos International Trade Fair Complex , but would rather concession the facility through a competitive transaction process.
In a statement issued by the BPE’s Head, Public Communication, Amina Tukur Othman, it said: “For the avoidance of doubt, the Bureau states that the Federal Government of Nigeria through the Bureau of Public Enterprises does not intend to sell the Complex, rather the facility would be concessioned through a competitive transaction process.
The Bureau had on August 23, 2017, placed a Caveat Emptor in some national newspapers in the country wherein it stated that the lease agreement that was hitherto executed by the FGN in favour of Aulic Nigeria Limited had been validly terminated and possession reverted to the FGN with effect from August 23, 2017.
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