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Home Business News Politics

BPE Moves To Halt Capital Flight From Health, Transport Sectors

Editor by Editor
August 3, 2015
in Politics
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  • The Bureau of Public En­terprises (BPE) is making fresh moves to stem the high rate of capital flight from the health and trans­port sectors of the Nigerian economy.
  • An estimated $100 bil­lon is believed to have been spent in the last 10 years to foreign tourist sites and hospitals, as more Nigeri­ans continue to seek medi­cal and recreational options abroad owing to their ab­sence at home.
  • Director General of BPE, Mr. Benjamin Ezra Dikki, who spoke at the weekend when he received a del­egation from Greenpark Worldwide, led by a one-time British High Commis­sioner to Nigeria, Sir Rich­ard Gozney, decried the non-regulation of the health sector in the country, which he lamented had resulted in high medical pilgrimage abroad by Nigerians.
  • He said it was for that reason that the Federal Government was keen on reforming, particularly the health sector. The reforms, he said, have commenced with a joint preliminary review of existing legisla­tions in the sector by the Federal Ministry of Health and the BPE.
  • Dikki lamented that at present only the medical practitioners in Nigeria were being regulated, leav­ing out the services and practice thus making the sector open to unqualified operators.
  • He further informed his audience that government was also working on re­forming the sports, hos­pitality and tourism, river basins, housing and road sectors.
  • He noted that five bills in the transport sector were being reviewed by the government for possible re-representation to the Na­tional Assembly for enact­ment.
  • The DG noted that unfor­tunately the five transport sector bills with three oth­ers were not passed before the expiration of the 7th National Assembly and he expressed the hope that the 8th National Assembly would expeditiously pass the bills when presented by the executive arm.
  • Source: The Sun

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