Nigeria - 2004 - Trade, Industry and Investment

Public Enterprises (Privatisation and Commercialisation) Order, 2004.

Ministry of Industry, Trade and Investment, Nigeria

This order, made under the Public Enterprises (Privatizations and Commercialization) Act, provides that 51 per cent of Government shares in enterprises to be privatized may be offered to core investors and that 10 per cent of the shares to be offered to the public may be reserved for staff of the enterprises to be privatized.

Process Flow

National Assembly ⬤

Office of the President ⬤

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Public Enterprises (Privatisation and Commercialisation) Order, 2004. Current Version

January 2022

This order, made under the Public Enterprises (Privatizations and Commercialization) Act, provides that 51 per cent of Government shares in enterprises to be privatized may be offered to core investors and that 10 per cent of the shares to be offered to the public may be reserved for staff of the enterprises to be privatized.

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