President Muhammadu Buhari has approved the reappointment of Mr. Alexander Ayoola Okoh as the Director-General, Bureau of Public Enterprises (BPE) for a second term of four years.
According to a statement emanating from the presidency the reappointment is in accordance with the provision of Section 17 (1)(a) and (2)(a) of the Public Enterprise (Privatization & Commercialization) Act, 1999.
This renewal will take effect from 10th April 2021, according to the statement released on Friday by Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President.
The BPE is the Federal Government agency charged with economic reforms especially the privatization and commercialization of government-owned enterprises in the country.
BPE also serves as the secretariat of the National Council on Privatization, and in the last four years, according to Akande, BPE has witnessed a notable invigoration in its activities.