BPE Assures Public Enterprises’ Investors Of Healthy Competition

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Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has promised the Bureau’s commitment to ensuring healthy competition among investors in public enterprises in the country and consumers’ rights protection at all times.

Okoh, made this known when the Management team of the Federal Competition and Consumer Protection Commission (FCCPC), led by Vice Chairman and Chief Executive Officer, Mr. Babatunde Irukera, paid a courtesy visit to the management of the Bureau in Abuja.

He noted that FCCPC was established to promote efficiency in service delivery and protect the interests and welfare of consumers in the country, adding that the FCCPC “has a common goal with the Bureau which is to dismantle monopoly and liberalize the economy for the benefit of Nigerians.”

While assuring of BPE’s collaboration with FCCPC to ensure harmonious relationship between the two organisations, the Director General said the Bureau was established to implement the privatisation and commercialisation programme of the Federal Government in order to open up the economy to private investors and harness private sector capital into key sectors of the economy.

In his remarks, Irukera said the visit was to collaborate with BPE along with other sister agencies in areas of consumer rights and protection; and also to promote healthy competition in the private sector with view to eliminating monopoly which could be exploitative if not controlled.

 

 

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