A share is a portion of a company owned by an individual, a group of individuals, or a firm. Shares are not always physical pieces of paper as in the old days, since in many companies electronic depositories have been developed. In Nigeria, the majority of shares are still owned by the Federal Government, but …
Privatisation, in the simplest term, is the transfer of ownership from the government (or public) sector to the private sector. Privatisation can occur in one of many ways, including core investor sales, share subscription, initial public offers, asset sales, and concessions, to name but a few.
There are many possible definitions of what a state-owned enterprise (SOE) or public enterprise (PE) is. We define PEs as government-owned or government-controlled economic objects that generate the bulk of their revenues from selling goods or services. These include enterprises established to provide commercial activities in which government controls management due to its ownership stake. …
The Bureau of Public Enterprises (BPE) is the Federal Government agency tasked with implementing the government’s privatisation programme, as the Secretariat to the National Council on Privatisation (NCP). It has evolved from the Technical Committee for Privatisation and Commercialisation (TCPC), which was established in 1988 to carry out the government’s privatisation programme. The TCPC was …