We are charged with the overall responsibility of implementing the Nigerian policy on privatization and commercialization.
PHCN VERIFICATION EXERCISE
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TAKE NOTICE that International Trade Fair Complex (LITFC) situated at Badagry Road in Lagos State and other lands and developments thereon is public land and property vested in the name of the Federal Government of Nigeria (FGN) under the superintendence of the Bureau of Public Enterprises (BPE). The Lease Agreement that was hitherto executed by the FGN in favour of Aulic Nigeria Limited has been validly terminated and possession reverted to the FGN with effect from 23rd day of August 2017. Consequently, the Federal Government through the National Council on Privatisation directed the reconcession of about 100 Hectares of the LITFC, inclusive of the areas covering Hall 4 and adjoining parcels of land.
BPE-CAVEAT-EMPTOR-March-2023.pdf (39106 downloads)