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SALE OF 700,000 SHARES OF THE NIGERIA HOTEL LIMITED (IN-LIQUIDATION) IN LAKE CHAD HOTEL LIMITED, MAIDUGURI

NIGERIA HOTEL LIMITED (NHL) IN-LIQUIDATION SALE OF 700,000 SHARES OF THE NIGERIA HOTEL LIMITED (IN-LIQUIDATION) IN LAKE CHAD HOTEL LIMITED, MAIDUGURI REQUEST FOR EXPRESSION OF INTEREST 1.0 Background and Objectives The Nigeria Hotel Limited (NHL) was incorporated in 1982 as…
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PARTIAL PRIVATISATION OF YOLA INTERNATIONAL HOTEL

    INVITES EXPRESSION OF INTEREST (EOI) FROM PROSPECTIVE FIRMS FOR THE PROVISION OF TRANSACTION ADVISORY SERVICES FOR THE PARTIAL PRIVATISATION OF YOLA INTERNATIONAL HOTEL 1.0 Background and Objectives Adamawa State Government in its drive to optimise values of some…
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NITEL /MTEL PROPERTY IN LAGOS SOLD TO LAGOS STATE GOVERNMENT

February 24, 2023

 

The National Council on Privatisation, (NCP) has approved the sale of a NITEL/MTEL Property located at   number 3-5, Moloney street, Tafawa Balewa Square, Onikan, Lagos The property was one of those listed for sale by the Liquidator of NITEL/MTEL Non-Core assets at the cost of N2.5 billion Naira only. Meanwhile, the property is presently encumbered…

 

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DG’ Corner

The challenge for us as always is to discipline ourselves, question the status quo, think unconventional and operate outside of our comfort zones, consider diverse perspectives, recognized, and adapt to rapid changes and required capacities, embrace skills, practices and behaviors of futurists and employ disciplined methods of strategic foresight and…

 

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For many, privatisation and commercialisation is simply a massive fire sale of government assets by the National Council on Privatisation (NCP) and its implementation arm, the Bureau of Public Enterprises (BPE).   But on the scale of one to ten though, privatisation and commercialisation combined could only be ascribed about five points out of ten, while sector reforms alone would take the remaining five points and that’s a whopping 50 percent. But of course all that the public talk about is “how our collective assets are being disposed” by the BPE in particular

But why privatisation?

Experience worldwide has shown that public enterprises have failed to live up to expectations. They tend to consume a large proportion of national resources without discharging the responsibilities thrust upon them. More importantly, they fail to share out these resources efficiently. One only needs to review the level of coverage...
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‬‬NITEL /MTEL PROPERTY IN LAGOS SOLD TO LAGOS STATE GOVERNMENT

The National Council on Privatisation, (NCP) has approved the sale of a NITEL/MTEL Property located at   number 3-5, Moloney street, Tafawa Balewa Square, Onikan, Lagos The property was one of those listed for sale by the Liquidator of NITEL/MTEL Non-Core assets at the cost of N2.5 billion Naira only. Meanwhile,…

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