Mr Alexander Ayoola Okoh will serve another 4 years as the Director-General of the Bureau of Public Enterprises (BPE) after being reappointed by President Muhammadu Buhari.
The reappointment was made public today by the Presidency.
His 4-year tenure will take effect from April 10, 2021.
The renewal of his appointment is in accordance with the provision of Section 17 (1)(a) and (2)(a) of the Public Enterprise (Privatization and Commercialization) Act 1999.
According to a series of tweets from the Presidency, this disclosure is contained in a State House press release from the Office of the Vice President.
The statement also admitted that BPE has witnessed a notable invigoration in its activities in the last 4 years.
The statement partly reads, ‘’President Buhari has approved the renewal of the appointment of Mr Alexander Ayoola Okoh as Director-General of BPE for a second term of 4 years in accordance with the provision of Section 17 (1)(a) and (2)(a) of the Public Enterprises (Privatization & Commercialization) Act 1999.
‘’This renewal will take effect from 10th April 2021. In the last four years, BPE has witnessed a notable invigoration in its activities.’’
The BPE is the federal government agency charged with economic reforms especially the privatization and commercialization of government-owned enterprises in the country. It also serves as the secretariat of the National Council on Privatization.