The Bureau of Public Enterprises (BPE) has denied selling the 5% Federal Government shares in Eleme Petrolchemical Co Ltd. illegally for N4.375 bln to Inorama, as per NIgerianpilot.
A statement, its spokesman said the bureau has always adhered to the National Council on Privatization's approval for sales of government entities, that the Eleme Petrochemical transaction was not an exception.