Nigeria, Sept. 5 -- The Bureau of Public Enterprises (BPE) on Tuesday said it plans to privatise 91 state-owned enterprises as part of efforts to boost efficiency, generate revenue, and create jobs.

Director General Ayodeji Gbeleyi told reporters in Abuja that the agency is also preparing to list two electricity distribution companies (DisCos) and one generation company (GenCo) on the Nigerian Stock Exchange through initial public offerings.

He did not name the companies or disclose how much the government expects to raise, saying such details would be determined during the process.

Mr Gbeleyi said the power sector remained a strong candidate for public listing despite ongoing challenges. "On the IPOs of potential DisCos and GenCo, at ...