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Alex A. Okoh

Bank of Agriculture - BoA

Federal government to divest 60% stake in Bank of Agriculture

In the bid to restructure the Bank of Agriculture (BOA) for efficiency, the Federal Government has moved to divest 60 per cent of its stakes in the bank.

BPE: Federal government to focus next phase of privatisation on PPP

The next phase of the Federal Government’s Privatization Program will now focus on Public Private Partnerships (PPP), the Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has disclosed.

BPE: No plans to sell Lagos Trade Fair complex

The Bureau of Public Enterprises (BPE) on Tuesday assured protesting traders operating at the Lagos International Trade Fair Complex (LITFC) that there are no plans by the Federal Government to sell the outfit.

BPE to address challenges of privatised enterprises

The Bureau of Public Enterprises (BPE) has inaugurated four committees to come up with a mechanism for addressing the complexities and challenges hindering the growth and development of some privatised enterprises in the country, which were taken over by core investors over 10 years ago.
SAHCO

BPE facilitates SAHCO initial public offer

The Bureau of Public Enterprises (BPE) has facilitated the first Initial Public Offer (IPO) in four years with the public offering of Skyway Aviation Handling Company (SAHCO) Plc for the sale of 406,074,000 ordinary shares. The public offer opens on Monday, November 12, 2018 and closes on Wednesday, December 19, 2018.
Acting Finance Minister of Finance Zainab Ahmed

Ministers: Federal government can’t fund budget 2018 unless assets are sold

Huge cost of servicing new loans amid poor revenue informed the Federal Government’s decision to dispose of 10 state-owned assets to select investors and the public between now and year end, in order to fund the 2018 fiscal plan.

Okechukwu Enelamah: Federal government to indemnify LITFC concessionaires

Minister of Industry, Trade and Investment, Dr. Okechukwu Enyinna Enelamah, has said that the Federal Government is ready to provide indemnity to ensure that the re-concession of the Lagos International Trade Fair Complex (LITFC) is successful.
PHCN

408 retirees of defunct PHCN get entitlement

No fewer than 408 retirees of the defunct Power Holding Company of Nigeria (PHCN) have started receiving their entitlements.

Federal government begins payment of 408 retirees of defunct PHCN

The 408 active staff and retirees/Next-of Kins (NOKs) of the defunct Power Holding Company of Nigeria (PHCN) who have been computed and audited by the Office of the Accountant General of the Federation (OAGF) have started receiving payment for their entitlements amounting to N1, 053,402,476.03, the Bureau of Public Enterprises (BPE) has revealed.

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