ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Thursday, April 22, 2021
Premium Times Nigeria
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Bolanale-Onagoruwa

Bolanale Onagoruwa defending her service before a senate committee

Sack BPE boss now, implement probe report, Senate tells Jonathan

byAta Udo
September 20, 2012
2 min read
ADVERTISEMENT

The Senate on Thursday revisited the demand it made to President Goodluck Jonathan last December for the immediate sack of the Director General, Bureau of Public Enterprises, BPE, Bolanle Onagoruwa.

The lawmakers insisted that Ms. Onagoruwa be relieved of her duties at her bureau. They accused Ms. Onagoruwa of “gross incompetence in the management of the BPE” as well as the “illegal and fraudulent sale of the five per cent Federal Government’s shares in the Eleme Petrochemical Company limited, EPCL.”

The BPE DG’s removal, which was one of the 45 recommendations by the Senate ad-hoc committee that investigated the privatisation and commercialisation of public companies between 1999 and 2011, also called for the reprimand of three of her predecessors – Nasir el-Rufai, Julius Bala and Irene Chigbue, for various offences 1999 during their tenures.

But miffed at the continued refusal of the President to act on the far-reaching recommendations more than ten months after, Deputy Senate President, Ike Ekweremadu, who presided over the plenary session debating a bill for an Act to amend the Bureau for Public Enterprises, BPE, Act 2004, appealed for immediate action.

“We know that our resolutions are not binding (on the president), but the decisions we take in this Senate, especially regarding resolutions, are well thought out and well researched,” Mr. Ekweremadu said.

“It is the amalgamation or views of very responsible Nigerians, and to that extent it is very persuasive. Any person who is ignoring the resolutions of this Senate is doing so at the expense of good governance,” he added.

Sponsor of the Bill, Ifeanyi Okowa, PDP-Delta, said the bill sought to ensure better accountability and amend the functions of the National Council on Privatization (NCP), to remove all forms of contradictions.

“The Amendment of the Public Enterprises (Privatisation and Commercialisation) Act is to provide further legislative framework for improved accountability, provide appropriately for host communities and staff of public enterprises in the sales of shares of such public enterprises,” Mr. Okowa said.

He said the amendment being proposed in the Bill is in line with the resolutions of the Senate concerning the investigation it carried out on the privatisation of companies.

RelatedNews

Buhari reappoints BPE DG Alex Okoh for second term

MALABU SCANDAL: Dan Etete hails Italian verdict, says he has no case to answer in Nigeria

Ganduje and the Genius of Hypocrisy, By Azu Ishiekwene

Nigeria and the Buhari Problem, By Fred Ohwahwa

“Section 5 (3) of the Act proposed for amendment to provide for the inclusion of host communities. The amendment provides for not less than five per cent of the shares to be offered to Nigerians to be reserved for the host communities of the public enterprise to be privatised.

The lawmaker said the amendment is to enhance the security of the public enterprise to enable the staff of the enterprise and the host communities buy into the process of privatisation.

“The local economy will also be stimulated and the gains made would help to transform our communities. The challenges of local content and employment within such enterprises are more likely to be addressed by the communities as co owners,’’ he said.

TEXEM

Mr. Okowa said the amendment being sought to section 1(3) of the Act would ensure that the National Assembly’s powers, as enshrined in the constitution to make laws are not infringed upon by any arm of government.

Co-sponsor of the Bill, Ahmed Lawan, ANPP-Yobe, traced the origin of the bill to the investigation the Senate undertook on the activities of the BPE from 1999 to 2011, which discovered that the Public Enterprises Act of 1999 was flawed in about four ways.

Section 1(3), he said, gives the National Council on Privatisation, NCP, the powers to amend the first schedule. This then gives the distribution of power of public enterprise to be sold out or privatised, adding that the investigation uncovered that BPE was spending its proceeds without reference to the National Assembly.

Mr. Lawan appealed to the President to use his discretion and implement the resolutions adopted by the Senate concerning the BPE report that was submitted to him.

“Mr. President must ignore people who will always tell Nigerians that the resolutions we take here are only advisory and have no weight,” he said.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

Orji Kalu flags off 2015 presidential race

Next Post

African Youth Championship: Flying Eagles gun for revenge in SA

Ata Udo

Ata Udo

More News

Naira notes used to illustrate market trading

Naira gains at official market

April 21, 2021
Nigeria Correctional Centre Kaduna inmates (Source, folder)

Lawan, Gbajabiamila canvass reforms of correctional centres, police

April 21, 2021
National Assembly

Environmentalists demand passage of Nigeria’s climate change bill

April 21, 2021
NIGERIA: Nigerian police force

Police arrest protesting Uber, Bolt drivers in Lagos

April 21, 2021
Holding Cell at Ikoyi prison

Death Penalty 2020: China, Iran, Egypt lead in executions amidst COVID-19

April 21, 2021
Ahmed Lawan in plenary [PHOTO CREDIT: @NgrSenate ]

Senate investigates ‘lopsided’ appointment of NHRC board members

April 21, 2021
Next Post
Flying Eagles play draw with Benin

African Youth Championship: Flying Eagles gun for revenge in SA

Robbers attack Ogun community, kill 2

Ogun residents’ approve governor's borrowing plan

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


Explore Akwa Ibom Ad


Explore Akwa Ibom Ad


Access Bank Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,655,731 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
    • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.