BPE, EFCC collaborate to enforce transparency in privatisation

BPE, EFCC collaborate to enforce transparency in privatisation

click photo for more information
BPE, EFCC collaborate to enforce transparency in privatisation
 Uche Usim, Abuja Efforts to boost transparency in the nation’s privatisation programme got a boost on Wednesday as the Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh said the Bureau would partner with the Economic and Financial Crimes Commission (EFFC) to ensure there are no opaque areas in all the […]
22
109

 Uche Usim, Abuja

Efforts to boost transparency in the nation’s privatisation programme got a boost on Wednesday as the Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh said the Bureau would partner with the Economic and Financial Crimes Commission (EFFC) to ensure there are no opaque areas in all the processes involved in it.

Okoh who made this known during a courtesy visit to the Acting  Chairman of the EFCC, Mr. Ibrahim Magu at the Commission’s Corporate office in Abuja, said the activities of the Bureau reflect the principles of transparency that the EFCC is known to propagate.

He commended the EFCC for  its recorded achievements over the years especially in the sanitisation of the nation’s economy which he said has increased investors confidence.

The DG who was decorated during the visit as Anti-Corruption Ambassador by the EFCC acting Chairman, said that he was at the Commission to solicit the EFCC’s support in ensuring that the activities of the BPE are better monitored.

READ ALSO Sealing of Anambra Assembly complex is to maintain peace —Clerk

His said: “the EFCC has provided a platform and atmosphere that has enhanced comfort and confidence in the investors who we directly deal with on a regular basis, the kind of comfort to engage and invest in this economy.

The BPE is an agency of government that is mandated to provide sector and enterprise reforms as they relate to government and state owned enterprises”, he added.

He informed his host that the Bureau over the years had conducted transactions in the various sectors of the Nigerian economy which have brought huge revenue to the Federal Government and improved service delivery.

Responding, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu expressed the Commission’s readiness to partner with the BPE in all its transactions.

He assured his guest that the  Commission was ready to carry out due diligence on any entity that shows interest in the purchase of government assets  in order to prevent corrupt elements from using the privatisation process as a means of laundering illegally acquired funds.

“We will be willing to support you against any threat that will discourage investors from coming into the country and in order to achieve this; I think we need to establish a common desk for a seamless synergy. Once again I seize this opportunity to thank the BPE and I am happy to tell you that the baby you nurtured has now outgrown its parents as the EFCC today can boost of a befitting Head Office complex which was made possible by our determination and support from the current administration.”

Magu thanked the BPE for its support during the evolution of the Commission saying the N100 Million received from the BPE as take off support helped the Commission to start its operations. “If we hadn’t gotten that money, we wouldn’t have been able to kick start”, he confessed.

The money, he said, brought some seriousness into EFCC’s operations and “we started arresting those fraudsters who hitherto were seen as ‘untouchable’ moving around with convoys and sirens. Many of them were arrested and jailed and the Commission recovered substantial amounts of money on behalf of so many victims from them which were restituted to the victims.”

The post BPE, EFCC collaborate to enforce transparency in privatisation appeared first on The Sun Nigeria.

Jinmi Abduls – Abena (Prod. Jinmi Abduls)

click photo for more information
Jinmi Abduls – Abena (Prod. Jinmi Abduls)
Jinmi Abduls – Abena (Prod. Jinmi Abduls) Overview of Jinmi Abduls – Abena (Prod. Jinmi Abduls) The beauty of the black woman has since been revered across the ages of music all from different perspectives from hip-hop to highlife, fast-rising Star Jinmi Abduls celebrates black beauty from his own perspective on his new record tagged […]
13
9

Dr SID – Good Time (Prod. Ozedikus)

click photo for more information
Dr SID – Good Time (Prod. Ozedikus)
Dr SID – Good Time (Prod. Ozedikus) Overview of Dr SID – Good Time (Prod. Ozedikus) Mavins Records artiste – Dr SID, makes a comeback with a brand new single entitled “Good Time“, after a brief hiatus from the music scene. This happens to be his first official single of 2019 and it sounds like […]
0
10

Naira Marley: “EFCC does not go after an innocent person,” says Magu

click photo for more information
Naira Marley: “EFCC does not go after an innocent person,” says Magu
EFCC Boss, Ibrahim Magu The acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has spoken up on the arrest and prosecution of singer Naira Marley (real name Azeez Fashola). According to Punch, speaking at an interactive session with artistes, comedians and On-Air-Personalities in Abuja on Wednesday, Magu said that the EFCC […]
1
14

PsychoYP – Be Like You

click photo for more information
PsychoYP – Be Like You
PsychoYP – Be Like You Overview of PsychoYP – Be Like You “Be Like You” serves as the first official solo single of the year by fast-rising hip-hop act PsychoYP. The track showcases his take on the trending Zanku sound in Nigeria. PsychoYP imitates the perception of his lifestyle to his fans in lyrics that […]
10
13

VGMAs Board Bans Shatta Wale & Stonebwoy + Strips Them Of Their Awards

click photo for more information
VGMAs Board Bans Shatta Wale & Stonebwoy + Strips Them Of Their Awards
Shatta Wale and Stonebwoy have both been banned from attending the Vodafone Ghana Music Awards going forward by the VGMA’s board. The artistes, according to the board will be banned from all the activities of VGMA starting from the Awards they both won at the ceremony which the board has requested that both artistes return. […]
11
13

EFCC arraigns two ex-NBA chairmen for money laundering

click photo for more information
EFCC arraigns two ex-NBA chairmen for money laundering
The Economic and Financial Crimes Commission, EFCC, yesterday, arraigned the immediate past chairman, Nigerian Bar Association, NBA, Ikeja branch, Adesina Ogunlana, and his predecessor, Yinka Farounbi for alleged money laundering and stealing. Continue reading EFCC arraigns two ex-NBA chairmen for money laundering at Vanguard News. Related
1
13

INEC Withdraws 2 Certificates Of Return In Kaduna

click photo for more information
INEC Withdraws 2 Certificates Of Return In Kaduna
LEADERSHIP : Sunday Isuwa, Independent National Electoral Commission (INEC) has withdrawn two certificates of return issued to Hon. Haruna Aliyu, popularly known as Chakis and one Hon. Ibrahim Ismail respectively following court orders. Hon. Haruna Aliyu and Hon. Ibrahim Ismail are members of the Kaduna State House of Assembly representing Kaduna North II (Kawo) and […]
15
13

Examining Implementation Of Child Rights Convention

click photo for more information
Examining Implementation Of Child Rights Convention
LEADERSHIP : By November 20th this year, the convention on the rights of the child (CRC), will be 30 years since it was adopted and ratified by 194 countries, including Nigeria. PATIENCE IHEJIRIKA and ODIRI UCHENUNU-IBEH x-ray the journey so far in Nigeria. The convention on the rights of a child (CRC), a comprehensive legally […]
16
17

VIDEO: Rotimi – Love Riddim

click photo for more information
VIDEO: Rotimi – Love Riddim
VIDEO: Rotimi – Love Riddim With Nigerian-American star, Rotimi set to release his new 7-track project, Walk With Me, the Power series actor dishes out the visuals to the lead single “Love Riddim“. With the right promo, this one’s surely going to be a Summer favorite. DOWNLOAD AUDIO Subscribe to notjustok TV The post VIDEO: […]
14
18

VIDEO: Afro B x Vybz Kartel x Dre Skull – Shape Nice

click photo for more information
VIDEO: Afro B x Vybz Kartel x Dre Skull – Shape Nice
VIDEO: Afro B x Vybz Kartel x Dre Skull – Shape Nice British-Ivorian singer, Afro B, is currently enjoying a solid run in the United States with the global smash, “Joanna“. This has opened doors for him, leading to multiple high-profile Joanna remixes and several major gigs. One of his follow-up singles is “Shape Nice” […]
0
15

Simi Reveals She Is Not Happy With Naira Marley’s Current Predicament At The Hands Of The EFCC

click photo for more information
Simi Reveals She Is Not Happy With Naira Marley’s Current Predicament At The Hands Of The EFCC
With the one time trending past face-off between Singer, Simi and rapper; Naira Marley, one would be totally right to conceive the opinion that Simi would be happy with the present condition the rapper currently finds himself in. However, that notion if conceived has been proven to be totally out of context as the “Joromi” […]
1
6

Naira Marley Declared Himself Invincible To The EFCC Days Before Arrest || Watch

click photo for more information
Naira Marley Declared Himself Invincible To The EFCC Days Before Arrest || Watch
There is a video on the internet now that many people are pointing fingers at as the main reason that drew the attention of the Economic and Financial Crimes Commission (EFCC) to music artistes; Naira Marley. The video is a cut-out from one of the Instagram Live video he made before he was arrested in […]
1
18
load more posts