BPE to generate over 300 billion naira for funding of 2018 budget

The Bureau of Public Enterprises –BPE says it will generate over 300 billion naira from privatization and commercialization to support the 2018 budget financing.

The Director-General of the agency, Dr Alex Okoh stated this in Lagos at the Stakeholders Media Interactive Forum organized by the Enterprise and the Stakeholders Engagement Committee of the National Council on Privatization.

The BPE plans to generate the fund through the sale of some national assets such as the Afam Power Plant in Rivers State, Geregu, Calabar and Omotosho National Independent Power Projects, re-privatisation of the Yola Distribution Company, River Basin Development Authorities and the National Parks.

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