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The Bureau was created by the Public Enterprises (Privatisation and Commercialisation) Act of 1999. The organisation's main goal is to implement the Nigerian federal government's programme of privatising public enterprises, carrying out sector reforms and liberalization of key economic sectors especially the infrastructure sector. [citation needed]
For the fiscal year 2020-21, the annual review report by the Bureau of Public Enterprises calculated a total net loss of ₹ 6,055.47 crore from public enterprises in the state. Among these, 63 enterprises were loss-making, while 50 managed to make a profit. Top 10 loss-making enterprises together contributed to 95.39 percent of the total losses.
The Department of Public Enterprises (DPE) was one of the ministries of the South African government.It was the government's shareholder representative with oversight responsibility for a number of state-owned enterprises (SoEs).
Approve public enterprises to privatized or commercialized. Approve the prices of shares or assets of the public enterprises to be offered for sale. Approve the appointment of privatization advisors and consultants. To approve the budget of the Council. The Bureau of Public Enterprises is the secretariat of the National Council on Privatisation
In the late 1980s, the government began to reform the state-owned enterprise, and during the 1990s and 2000s, many mid-sized and small sized state-owned enterprises were privatized and went public. There are a number of different corporate forms which result in a mixture of public and private capital.
Central public sector enterprises (CPSEs) are those companies in which the direct holding of the Central Government or other CPSEs is 51% or more. As on 31.3.2015 there were 298 CPSEs wherein, 63 enterprises are yet to commence commercial operation.
Bureau of Public Enterprises; Revenue, Mobilization, Allocation & Fiscal Commission; New Partnership for African Development ; Border Communities Development Agency [9] (BCDA) Federal Road Safety Corps; National Energy Council; Nigeria Atomic Energy Commission; National Hajj Commission of Nigeria (NaHCON) [10]
CPSUs are administered by the Ministry of Heavy Industries and Public Enterprises. The Department of Public Enterprises (DPE), Ministry of Finance is the nodal department for all the Central Public Sector Undertakings (CPSUs). As of October 2024, there are 14 Maharatnas, 24 Navratnas and 65 Miniratnas (divided into Category 1 and Category 2 ...