Thu. Sep 19th, 2024

Economic Agenda – Nigerian Govt.To Encourage Private Sector Participation

The Minister of Information and Culture, Alhaji Lai Mohammed (middle); Permanent Secretary, Federal Ministry of Information and Culture, Deaconess Grace Isu-Gekpe (fifth from left); the Director General, Bureau for Public Enterprises, Mr. Alex Akoh (fourth from left) and other members of the Stakeholders Engagement Committee of the National Council on Privatisation during the inauguration of the committee by the Minister in Abuja
The Minister of Information and Culture, Alhaji Lai Mohammed (middle); Permanent Secretary, Federal Ministry of Information and Culture, Deaconess Grace Isu-Gekpe (fifth from left); the Director General, Bureau for Public Enterprises, Mr. Alex Akoh (fourth from left) and other members of the Stakeholders Engagement Committee of the National Council on Privatisation during the inauguration of the
committee by the Minister in Abuja, Nigeria.

By Peter Usman :

Nigeria’s Minister of Information and Culture, Lai Mohammed, has reiterated the policy of the present administration to actively promote the participation of the private sector in the nation’s strategic economic agenda.

The Minister stated this when he inaugurated the Stakeholders Engagement Committee of the National Council on Privatisation, NCP in Abuja

According to him, the current administration of President Muhammadu Buhari recognizes and actively promotes the participation of the private sector in the strategic economic agenda of the nation.

The  pro-business posture of the government, he said,  is eminently reflected in the Economic Recovery and Growth Plan of this government.

Mohammed said the government will continue to create an enabling environment for private businesses to thrive and build economic prosperity for the generality of Nigerians, including the provision of critical infrastructure through Public Private Partnership.

Expressing delight at the calibre of members of the committee, he enjoined them to do everything possible to ensure that the committee lives up to its responsibilities by ensuring that it identifies and maintains contacts with various stakeholders and opinion leaders.

In a remark, the Director General of the Bureau of Public Enterprises, Mr. Alex Okoh, said in the last 30 years, over 140 public enterprises across various sectors of the economy have been fully or partially privatized , commercialized or concessioned.

“Of these privatized enterprises, over 60% have achieved a good level of performance. The generation companies are performing very well. I can also tell you that the seaports are performing despite some infrastructural constraints,” he said.

From left: Iyalode Alaba Lawson, President of NACCIMA; Mr. Uchola Emmanuel, Deputy Director, Policy and Strategy, Federal Ministry of Industry, Trade and Investment; Mr. Olaniyi Omodara, Director Legal Services and Enforcement, National Human Rights Commission and Mr. Alex Akoh, Director General of the Bureau for Public Enterprises at the inauguration of the Stakeholders Engagement Committee of the National Council on Privatization by the Minister of Information and Culture, Alhaji Lai Mohammed, in Abuja, Nigeria.

Mr. Okoh said the importance of an effective stakeholders’ engagement strategy cannot be over-emphasized, in view of the need to build support and understanding for the Federal Government’s reform agenda by effectively communicating the benefits of the privatization programme.

The committee, chaired by the Minister of Information and Culture, has the Director General of the National Orientation Agency, Garba Abari; Iyalode Alaba Lawson, the President of NACCIMA; Ben Upah of NLC and Auwal Musa from the Civil Society; Others are Maxwell Loko of the Nigerian Television Authority; Olaniyi Omodara of the National Human Rights Commission and Uchola of the Federal Ministry of Industry, Trade and Investment as some of the members.

 

https://www.africaprimenews.com/2018/05/04/news/nigeria-buhari-to-unveil-lagos-atlantic-city-project-says-info-minister-biggest-tourism-city-in-africa/

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