Nigeria: FG to Privatise Transport Sector

8 February 2015

The Director-General of the Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, has said that the bureau would soon begin the privatisation process for the country's transport sector. This is contained in a statement by the bureau's Acting Head, Public Communications, Mr Alex Okoh on Sunday in Abuja. According to the statement, the process will begin as soon as the necessary legal and regulatory frameworks are put in place.

It said that once this was done, the transport sector would become a viable investment destination for investors from across the globe. It noted that the bureau was concerned with the viability of the transport sector because it was critical to the growth of the nation's economy. "We don't want to repeat the mistake we made during the port reform. Before embarking on the reform of any sector, we will ensure that the legal and regulatory frameworks are in place.

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