FG inaugurates National Council on Privatisation

The Vice President of the Federal Republic of Nigeria and the Chairman of, National Council on Privatisation (NCP), Sen. Kashim Shettima has inaugurated the newly re-constituted NCP with a charge to members to champion Nigeria’s road to economic prosperity.

According to a statement by Head, Public CommunicationsAmina Tukur Othman, urged the new members to embrace the federal government’s promise of moving the economy to the next level.

The Vice President stated that the membership of the NCP is as crucial as its mission, hence the diversity of talents and profundity of experience of members approved for inauguration by His Excellency, President Bola Ahmed Tinubu.

He noted that by his approval, Mr. President has entrusted the NCP with the strategic national assignment of piloting the nation’s economic sector reform, privatisation, commercialisation, and Public-Private Partnership (PPP) program for the next four years.

He also stressed that the NCP is statutorily mandated to determine, formulate strategic plans, and approve policies on reforms of various sectors of the economy, as well as articulate a clear vision to drive our economy for the political, economic, and social well-being of all Nigerians, through the optimization of government-owned entities and assets.

He also stated that “Membership in this distinguished council symbolizes more than mere participation; it signifies a steadfast commitment and a resolute belief in our shared vision for a Nigeria brimming with opportunities, growth, and empowerment. It represents our collective pledge to propel the economy forward, build robust infrastructure, forge pathways to employment, and nurture an environment where productivity flourishes”.

The NCP has Vice President Senator Kashim Shettima, as its Chairman; Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun as Vice Chairman and the Director General of the Bureau of Public Enterprises Mr. Alex Okoh, as Secretary.

Others include: Attorney General of the Federation, Mr. Lateef Fagbemi; Minister of Budget and Economic Planning, Sen AbubakarAtikuBagudu;  Minister Industries, Trade, and Investment, Dr. Doris Anite; Secretary to the Government of the Federation, Mr. George Akume; Governor, Central Bank of Nigeria, Dr. Olayemi Cardoso; Special Adviser to the President on Economic Affairs, Dr. Tope Fasua. While Mr Oluwole Oshin, Mal. Mohammed Mustapha, Mr. Olayiwola Yahaya, and Mr. Akwa Effion Okon, are private members.

He urged members to view their appointment to the Council as a privilege to serve the nation by contributing to the socio-economic development of the nation and accelerated growth of the economy through the provision of infrastructure, job creation, as well as creating an enabling environment for productive activities to flourish while leveraging on the enormous human and natural resources for the benefit of our people.

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