BPE/Nigerdock Committee Report Submission (Pix:R-L): Kola Oyekunle, Director of Corporate Governance, Nigerdock; Adewale Dosunmu, Head of Legal Affairs, Nigerdock; Rita Aniche, Head of Northern Zone, Nigerdock; Gen. I.B.M Haruna (Rtd.), Director, Nigerdock; Alex A. Okoh, Director General, Bureau of Public Enterprises (BPE); Yusuf Abdullahi, Chairman of Nigerdock Free Zone and Baba Mohammed, Head of Capital Markets, BPE, at the presentation of  the BPE/Nigerdock Joint Committee Report on the Resolution of Outstanding Issues in Nigerdock Nigeria Plc


BPE Moves To Salvage Nigerdock From Comatose Stage


The Bureau of Public Enterprises (BPE) has stepped up measure towards salvaging the Nigerdock Nigeria Plc from its current comatose state, assuring that the bureau would introduce legal framework meant to compel patronage of its services.


The Director General of the BPE, Alex A. Okoh, gave the assurance while receiving report of the BPE/Nigerdock Joint Committee on the resolution of outstanding issues in the company in Abuja.


Okoh assured the Board and management of the Nigerdock Nigeria Plc that the Bureau is committed to the full realization of the potentials of the integrated engineering and Fabrication Company.

He said the present comatose state of the company was worrisome to the Bureau hence the decision to set up the joint committee to look into the issues militating against its operations.

In a statement by the BPE Head of Public Communications, Chukwuma Nwokoh, Okoh regretted that the company which was capable of employing about 6,000 Nigerians off the labour market and boosting the Nigerian local content policy, had only about 500 employees thus; negating the core essence of privatization.

He maintained that the necessary frame work would be put in place to ensure that the company is patronized locally since it has the capability to deliver on its mandate.

Okoh said: “We shall look closely at all the issues militating against the smooth operation of Nigerdock.Patronage should not be denied the company because it has the capability to deliver. We should do everything possible to ensure that the company assumes its pride of place”.

The Director-General stated that the report would be carefully studied and its recommendations escalated to the appropriate authorities for action.

While speaking, the director of Nigerdock Nigeria Plc, Gen. IBM Haruna (rtd) pledged the commitment of the Board to collaborate with the Bureau to ensure that the company survives and realizes its potentials.

He said the company apart from its core functions, was capable of conducting research for the Navy and Army if fully supported by the government. The director expressed the hope that with the synergy with the BPE, that was achievable and called for openness, integrity and transparency.

Presenting the report, the General Counsel of Nigerdock,Mr. Adewale Dosunmu said it was in two parts. He said it proffered short-term and long term solutions to move the company forward.