| Nigeria: Integrity Scorecard Report > Sub-Category: Privatization | ||
| Indicators | Score | |
| 50 | Is the privatization process effective? | 8 |
| 51 | Can citizens access the terms and conditions of privatization bids? | 35 |
Indicator and sub-Indicator Details
| 50 | Is the privatization process effective? | |||||||
| 50a: In law, all businesses are eligible to compete for privatized state assets. | ||||||||
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Comments: The law only mentions strategic investors and blueprint. Nigeria's Privatization and Commercialization Program defines core investors as one with the financial muscle and managerial know-how. References: Section 4, Public Enterprise Privatization and Commercialization Act, 1999
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| 50b: In law, there are regulations addressing conflicts of interest for government officials involved in privatization. | ||||||||
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Comments: No specific mention is made anywhere in the law. References: Public Enterprise Privatization and Commercialization Act, 1999
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| 50c: In practice, conflicts of interest regulations for government officials involved in privatization are enforced. | ||||||||
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Comments: Although there are no formal regulations, the Bureau of Public Enterprises (BPE) in theory claims to strive to maintain this ethical standard. There are no records of these enforcements. References: 1. Eloka Uzoma Chuks-Nwosu, assistant director, Bureau of Public Enterprises (BPE), BPE's office, Aug. 14, 2007; 2.Prof. Sam Egwu, head of the Department of Political Sciences, Kogi State University, Gubabi Hotel, Abuja, Aug. 30, 2007
Peer Review Comments: Conflict of interest regulations are never enforced.
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| 51 | Can citizens access the terms and conditions of privatization bids? | |||||||
| 51a: In law, citizens can access privatization regulations. | ||||||||
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Comments: There are no specific provisions in the law. References: Public Enterprise Privatization and Commercialization Act, 1999
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| 51b: In practice, privitizations are effectively advertised. | ||||||||
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Comments: Most privatization has been effectively advertised in international and local media. Some have been poorly or not at all advertised.
References: 1. Eloka Uzoma Chuks-Nwosu, assistant director, Bureau of Public Enterprises (BPE), BPE's office, Aug. 14, 2007; 2.Prof. Sam Egwu, head of the Department of Political Sciences, Kogi State University, Gubabi Hotel, Abuja, Aug. 30, 2007
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| 51c: In law, the government is required to publicly announce the results of privatization decisions. | ||||||||
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Comments: There is no specific provision in the law.
References: Public Enterprise Privatization and Commercialization Act, 1999
Peer Review Comments: There may not be specific provision in law, but results of major privatization decisions are reported on or "scooped" by media outlets.
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| 51d: In practice, citizens can access privatization regulations within a reasonable time period. | ||||||||
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Comments: Records are available on request, but this involves most times getting in touch with the Bureau of Public Enterprises (BPE). References: 1. Eloka Uzoma Chuks-Nwosu, assistant director, Bureau of Public Enterprises (BPE), BPE's office, Aug. 14, 2007; 2.Prof. Sam Egwu, head of the Department of Political Sciences, Kogi State University, Gubabi Hotel, Abuja, Aug. 30, 2007
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| 51e: In practice, citizens can access privatization regulations at a reasonable cost. | ||||||||
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Comments: These are usually given out for free. References: 1. Eloka Uzoma Chuks-Nwosu, assistant director, Bureau of Public Enterprises (BPE), BPE's office, Aug. 14, 2007; 2.Prof. Sam Egwu, head of the Department of Political Sciences, Kogi State University, Gubabi Hotel, Abuja, Aug. 30, 2007
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