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 transformed into the BPE in 1993, with a supervisory and technical board, although BPE retained the organizational structure and personnel of the TCPC and was made part of the public service. BPE was recreated in 1999 as an independent body without a board, reporting only to the National Council on Privatisation (NCP), which is chaired by the Vice President of the Federal Republic of Nigeria.
The Director General of the BPE is also the member-secretary to the NCP, which is the policy agency charged by the President with overseeing the proper and effective implementation of privatisation.