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BPE to concession Lagos Trade Fair Complex, Calabar Economic Zone, two others

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The Bureau of Public Enterprises (BPE) on Sunday listed some Federal Government’s enterprises for concession.

The BPE Head of Public Communications, Amina Othman, in a statement issued in Abuja, listed the Tafawa Balewa Trade Fair Complex in Lagos and the International Trade Fair Complex (LITFC) also in Lagos as among the government’s enterprises listed for concession soon.

Others are the Calabar Special Economic Zone (SEZ) and Kano Special Economic Zone (SEZ).

She said an international investors’ webinar to showcase investment opportunities in the four enterprises would take place on February 23.

Othman said: “The webinar is in line with the new mandate of BPE as contained in a new Federal Government circular.

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“It gives the bureau the responsibility for the concession of public enterprises and infrastructure already listed in the first and second schedules of the Public Enterprises Act.

“The BPE is acting on behalf of the Federal Government as the counterparty on all infrastructure projects being developed on a Public-Private Partnership (PPP) basis.”

According to her, the one- day event will provide a platform for prospective investors to leverage on the vast opportunities in the enterprises in line with international best practices.

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