States, capital market to partner on privatisation | The Nation

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State governments and capital market stakeholders on Wednesday held a strategy session on the enabling rules and frameworks for the privatisation of state-owned enterprises (SOEs) as critical factors in economic growth.

State governments and capital market stakeholders on Wednesday held a strategy session on the enabling rules and frameworks for the privatisation of state-owned enterprises as critical factors in economic growth.

He reaffirmed the commitment of the NGF to work with the NSE and other stakeholders to channel long-term funding for the infrastructural development of the states. He acknowledged the need to address policy imbalances due to malfunction in the federal structure , pointing out that central government policies should take into consideration of the peculiarities of each federating unit rather than a one-size- fits-all approach that tends to place a state like Lagos at disadvantage .

He said Kaduna State would be considering accessing the capital market to fund some of its development projects. According to him, privatisation presents an avenue for state governments to unlock potential in their assets as most SOEs are underperforming due to inefficiencies.

 

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Soon una go privatize national assembly even Aso rock

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