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FG Inaugurates National Council on Privatization, Tasks Members

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

Inaugurating the Council at the State House in Abuja, Shettima advised the new members to fully embrace the Federal Government’s promise to propel the economy forward towards a Nigeria brimming with opportunities, growth, and empowerment.

The Vice President explained that the membership of the NCP was as crucial as its mission, hence the diversity of talents and profundity of experience of members approved for inauguration by President Bola Tinubu.

He noted that by the approval, the President had 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.

Shettima explained that the NCP was 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 maintained that the membership of the council symbolized more than mere participation; and that it signifies a steadfast commitment and a resolute belief in our shared vision for a Nigeria brimming with opportunities, growth, and empowerment.

According to the Vice President, the NCP represents the collective pledge to propel the economy forward, build robust infrastructure, forge pathways to employment, and nurture an environment where productivity flourishes.

The newly inaugurated members of the National Council on Privatisation (NCP) comprised the Vice President, Sen. Kashim Shettima, Chairman; Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, Vice Chairman; Attorney General of the Federation, Mr. Lateef Fagbemi, Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu; Minister of Industries, Trade, and Investment, Dr. Doris Anite; and Secretary to the Government of the Federation, George Akume; as members.

Other members of the Council include Governor, Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso; Special Adviser to the President on Economic Affairs, Dr. Tope Fasua; Mr. Oluwole Oshin – private member; Mal. Mohammed Mustapha – private member; Mr. Olayiwola Yahaya – private member; Mr. Akwa Effion Okon – private member; and Director General of Bureau of Public Enterprises Mr. Alex Okoh, – Secretary/member.

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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