Nigeria - 2004 - Trade, Industry, and Investment

Public Enterprises (Privatisation and Commercialisation) Order, 2004.

Ministry of Industry, Trade and Investment, Nigeria

This order, made under the Public Enterprises (Privatisation and Commercialisation) Act, provides that 51 percent of Government shares in enterprises to be privatised may be offered to core investors and that 10 percent of the shares to be offered to the public may be reserved for staff of the enterprises to be privatised.

Process Flow

National Assembly ⬤

Office of the President ⬤

Contacts

Approver

Ahmad Lawan

Senate President

National Assembly

Approver

Muhammadu Buhari

President of the Federal Republic of Nigeria

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Public Enterprises (Privatisation and Commercialisation) Order, 2004. Current Version

January 2022

This order, made under the Public Enterprises (Privatisation and Commercialisation) Act, provides that 51 percent of Government shares in enterprises to be privatised may be offered to core investors and that 10 percent of the shares to be offered to the public may be reserved for staff of the enterprises to be privatised.

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