Privatisation Handbook 2nd edition

Date
2000
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Publisher
Abuja, Federal Capital Territory: Bureau of Public Enterprises (BPE)
Abstract

• The Imperative of Privatisation (including statements and speeches by President Olusegun Obasanjo and Vice-President Atiku Abubakar) • The Enabling Legislation: Public Enterprises (Privatisation and Commercialisation) Act 1999 • Guidelines on Privatisation and Commercialisation • Blueprint of the Privatisation and Commercialisation Programme

Description
This Official handbook outlines the comprehensive policy framework, legislative acts, operational guidelines, and strategic blueprints governing the national privatisation and commercialisation programme of the Federal Republic of Nigeria. Published by the Bureau of Public Enterprises (BPE) under the National Council on Privatisation (NCP), the text establishes the structural roadmap intended to transition state-owned enterprises into efficient, market-driven entities, reduce public sector dominance, and attract foreign direct investment. The document features key presidential and vice-presidential addresses detailing the economic imperatives of divesting from underperforming statutory corporations, alongside the complete legal text of the Public Enterprises (Privatisation and Commercialisation) Act of 1999. Furthermore, it provides detailed procedural guidelines for engaging professional floatation advisers and core/strategic investors, sets forth the modalities for public share offerings across various economic sectors, and outlines the phased implementation timetables for utilities, banks, oil marketing companies, and manufacturing enterprises
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