No intention to sell LITFC, says BPE - The Nation Nigeria

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No intention to sell LITFC, says BPE - The Nation Nigeria
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No intention to sell LITFC, says BPE

The Bureau of Public Enterprises on Tuesday said that it has no intention to sell the Lagos International Trade Fair Complex , rather the Federal Government will concession the facility through a competitive transaction process.

The statement said that “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.”It is for this reason that the Government has procured the Services of Messrs Feedback Infrastructure Services to advise on the way forward for the proposed concession.

Members of the public were therefore warned that “any purported allotment, buying, selling, letting, leasing, charging, and subdivision, construction upon or dealings in connection with the said property and parcels of land in any other manner howsoever without the written permission of the FGN represented by the BPE is unlawful, illegal, fraudulent and amounts to trespass”.

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