Vice President Yemi Osinbajo on Tuesday said efforts are being made to fast -track the procurement process to give the 2016 Budget implementation a speedy boost.
He made the remark during a meeting with a delegation from the House of Representatives’ Committee on Privatization and Commercialization led by the Committee Chairman, Ahmed Yerima.
Members of the committee had requested among other things that the Executive arm of government should inaugurate the National Council on Privatization in order to speed up privatization issues because government should not be engaged in the “business of doing business.”
Osinbajo, in a statement issued by his Senior Special Assistant on Media and Publicity, Laolu Akande, assured the members of the committee that the present administration will ensure that the privatization process is undertaken diligently.
He said the Presidency would work with the National Assembly to fast-track pending relevant bills including the Competition Bill to further clarify government’s economic direction for investors and other business interests.
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