" ITREALMS: Dikki says BPE is enabling FDI inflow, commends GOCOP launch

Tuesday, October 27, 2015

Dikki says BPE is enabling FDI inflow, commends GOCOP launch

The Director-General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Ezra Dikki, has commended the formal launch of the Guild of Corporate Online Publishers (GOCOP) just as his office is enabling inflow of Foreign Direct Investment (FDI) into the country, reports ITRealms.

Speaking at the launch of GOCOP in Lagos at the weekend, Mr. Dikki also said BPE has laid the foundation for enabling foreign direct investment in the country through privatization and commercialization.

“No doubt, the launch of GOCOP could not have come at a better time than now, given that the world over, online publication has become the vogue; and Nigeria cannot afford to be left behind,” he said.

BPE, he said, thus commends GOCOP bold initiative to inaugurate the Guild which undoubtedly, is made up of reputable media practitioners with several years of experience with the primary objective of ensuring that online publishers in Nigeria uphold the tenets of journalism and to serve as a platform for peer review.

He pointed out that the Bureau as the secretariat for the policy implementation arm of the National Council on Privatization (NCP) chaired by His Excellent, the Vice Presidency is focused on reform and privatization.

“In this regard, at the beginning of every year, the Bureau takes its work plan to Council for approval before implementation. It should be noted that in over three decades, reform and privatization have been a key economic policy of successive administrations as regards in Nigeria,” he said.

As a result of the reforms, privatisation and commercialization, Dikki said, Nigeria has witnessed tremendous inflow of foreign direct investments in various sectors of the economy.

“It is worthy to note that the advent of democratic governance since 1999, strong foundation were laid for economic reform and attraction of private capital to the national economy,” he said.

The government, he said, believes that the effective implementation of the proposed reform programmes will attract private capital; reduce government and political interference in the running of the economy; and clearly define role and functions of participants in the economy.

He recalled that the improved telephony which the nation is presently enjoying is a result of such reforms in the sector which produced the Telecom Policy and Legal/Regulatory framework which the NCP/BPE championed in 2000.

“Through the reforms carried out in the telecommunications sector, Nigeria has moved from about 400,000 telephone lines in 2001 to about 134 million lines in 2015; and the teledensity has increased from estimated 2.5 per cent to 95 percent in a space of 12 years,” Dikki said.

Describing inauguration of GOCOP as another eloquent testimony of the successful reform of the telecommunication sector, given that its main stead is on technologies. 

“And the same multiplier effect is expected when the reforms in other sectors of the economy by the federal government are completed,” he said and congratulated GOCOP on this milestone.

+Remmy Nweke (ITRealms) +ITRealms DSA  
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