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BPE Service Local Charter SERVICOM Final 2024

Finance & Economy
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Overview

The document is the 2024 SERVICOM Service Charter of the Bureau of Public Enterprises (BPE), Nigeria's secretariat of the National Council on Privatisation (NCP). It outlines BPE's commitment to transparent, efficient, and effective service delivery in line with federal government reforms and privatisation policies. The charter includes a foreword by the Director General, Ayodeji A. Gbeleyi, emphasizing service excellence and accountability. It features an organogram of BPE's structure, detailing units such as Stakeholder Relations, Anti-Corruption & Transparency, Legal Services, and various transactional departments (Agriculture, Energy, Infrastructure, etc.). A key section describes the privatisation transaction process, from obtaining NCP approvals and advertising Expressions of Interest (EOIs), to evaluating proposals, issuing Requests for Proposals (RFPs), conducting due diligence, and signing Share Sale and Purchase Agreements (SSPAs). Timelines are provided: EOI advertisement typically 20 working days, evaluation within 5 working days, NCP approvals via scheduled or emergency meetings, and SSPA signing about two months after preferred bidder declaration. The charter reinforces BPE's role as a catalyst for economic transformation in Nigeria.

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