The Bureau for Public Enterprises is charged with the responsibility for
Answer Details
The Bureau for Public Enterprises (BPE) in Nigeria is responsible for the privatization and commercialization of public enterprises owned by the federal government. Its main objective is to improve the efficiency and productivity of these enterprises by transferring their ownership and control from the government to private individuals or companies. This is expected to increase competition, attract foreign investment and generate revenue for the government. The BPE is not charged with eradicating poverty or providing employment opportunities directly, but rather its activities are aimed at creating a more efficient and competitive economic environment that could lead to job creation and poverty reduction.