Section 33: Interpretation

In this Act, unless the context otherwise provides-
"Bureau" means the Bureau of Public Enterprises established by section 11 of this Act;
"Council" means the National Council on Privatisation established under section 8 of this Act;
''Nigerians'' for the purpose of this Act means citizens of Nigeria and companies incorporated in Nigeria whose shares are wholly owned by citizens of Nigeria;
''Panel'' means the Public Enterprises Arbitration Panel established by section 26 of this Act;
"public enterprise" means any corporation, board, company or parastatal established by or under any enactment in which the Government of the Federation, a Ministry, or Extra-Ministerial Department, or agency has ownership, or equity interest and includes a partnership, joint venture or any other form of business arrangement or organisation;
"strategic investor" means a reputable core investor or group of investors having the requisite technical expertise, the managerial experience and the financial capacity to effectively contribute to the management of the enterprises to be privatised.