About Us

Established under the provisions of the Public Enterprises (Privatisation and Commercialisation) Act of 1999, through its secretariat, the Bureau of Public Enterprises (BPE), was charged with driving the Federal Government’s programme of privatising public enterprises, carrying out sector reforms and liberalization of key economic sectors especially the infrastructure sector.

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).

Let Numbers Talk

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Completed Transactions

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OngoingTransactions

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Future Transactions

Our Vision

To be the model reform agency

Our Mission

To be a responsible and disciplined public enterprise reform agency
To be the national resource centre for capacity building and sustenance of reforms through:

HISTORY

Experience worldwide has shown that Public Enterprises (PEs) have failed to live up to expectations. They consume a large proportion of national resources without commensurate performance and service delivery. More importantly, they fail to allocate these resources efficiently. In Nigeria for instance, PEs, before the introduction of privatization, used to consume a large portion of national resources amounting to over $3 billion annually, by way of grants, subsidies, import duty waivers and tax exemptions. The huge burden that PEs impose on the economy had become untenable, unbearable and unsustainable, hence the justification for their privatization.

Services

Carry out public sector reform for maximum and efficient allocation of resources
Prepare public enterprises for privatisation and/or commercialisation
Sale of shares of public enterprise to be privatised by the issuing houses, in accordance with approved guidelines
Engage the services of consultants, advisers, investment bankers, issuing houses, stockbrokers, solicitors, trustees, accountants, and other professionals required for the purpose of privatisation

DEPARTMENT

Units Financial, Development Institutions and Capital Market Media and Communications Information Technology Industries and Commerce CORE DUTIES Industries & Services Department is entrusted with the responsibility of reforming non-performing Public Enterprises (PEs) for optimal performance, which includes: Reforming, Restructuring, deregulation, and Privatisation Programme in the Communications Sector in Nigeria. Divestment and Privatization of Federal Government …

TEAM

The Bureau of Public Enterprises is led and managed by passionate professionals. Our team is well equipped and sufficiently ready to produce positive results. Meet the Team

Ongoing/Completed

Transactions

Nigerian Railway Corporation

The Nigerian Railways came into being on October 3, 1912 by the merger of the Lagos Government Railways and the Baro-Kano railway

Peugeot Automobile Nigeria Limited (PAN)

Peugeot Automobile Nigeria Limited (“PAN” or “the Company”) was incorporated on 15th of December 1972 as a Private Limited Liability Company under the Companies Act of 1968 with RC No. 10,961.

Anambra Motor Manufacturing Company Limited (ANAMMCO)

Anambra Motor Manufacturing Company Limited (“ANAMMCO” or “the Company”) was incorporated in 1977 as a private limited liability company. It was established pursuant to a Joint Venture Agreement between the Federal Government of Nigeria (FGN)

National Inland Waterways Authority (Niwa)

NIWA was formerly the Inland Waterways Department (IWD), which was the oldest Operational Department in the Ministry of Transport from 1956 up to late 1997.