The National Council on Privatization (NCP), has set up an ad hoc committee to fast track the resuscitation of the Bank of Agriculture (BOA), among others, in order to ensure better service delivery and improve agricultural productivity in the country.
Vice President, Kashim Shettima, who chaired the meeting of the reconstituted NCP at the Presidential Villa, Abuja, emphasized the importance of the tasks before the new Council, particularly the rejuvenation of BOA, saying a lot will depend on the decisions of the Council in the months ahead.
According to a statement issued by Senior Special Assistant to The President on Media and Communications (Office of The Vice President), Stanley Nkwocha, Shettima urged the committee to come up with a roadmap for the resuscitation of the BOA, among other resolutions.
He had earlier in his opening address set the tone for the deliberations, urging members to take every task seriously, pointing out that the committee will be meeting more frequently to support the President in executing the Renewed Hope Agenda
The council approved the 2024 work plan of the Bureau of Public Enterprises (BPE) covering its privatization activities and participation in international forums to attract interest in the country’s privatization program.
The ad hoc committee is chaired by the Finance Minister and Coordinating Minister of the Economy, Wale Edun. other members include Minister of Agriculture and Food Security, Abubakar Kyari; Minister of Budget and Economic Planning, Atiku Bagudu, Minister of Steel Development, Shuaibu Audu.
Also present at the meeting were the Governor of Central Bank of NIgeria (CBN), Yemi Cardoso, Minister of Transportation, Sa’idu Alkali, and Chairman of the NCP Technical and Legal Committee, Oye Odukale, among other Council members.