FG Moves for Partial Commercialisation of Four River Basin Authorities

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By Ndubuisi Francis The federal government has commenced a business implementation training as it moves towards the partial commercialisation of four pilot River Basin Development Authorities (RBDA…

The federal government has commenced a business implementation training as it moves towards the partial commercialisation of four pilot River Basin Development Authorities in the country.

The Federal Ministry of Water Resources, in collaboration with the Bureau of Public Enterprises , had selected the four for the exercise. A statement issued by the BPE quoted Adamu as saying that the federal government was not unaware of the challenges facing the RBDAs, explaining that the reform of the Authorities was not privatisation, but partial commercialisation to make them economically viable, self-reliant and sustainable.

In his remark, the Director General of the BPERSONNEL, Mr. Alex Okoh, reiterated the federal government’s unwavering commitment to the promotion of private sector participation in the operation, management and maintenance of the RBDAs without divesting its shares.

 

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