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Alex A. Okoh
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.
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.
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.
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.
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.
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.
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.
Rita Chikwelu scored her first Swedish Damallsvenskan goal this season in Kristianstads' 3-0 win over Eskilstuna United in Sunday's top-flight game.
Isiaka Oyetola, Osun State governor, has declared that his administration has no money for capital projects on assumption of office.
Tottenham are reportedly in pole position to land Lyon star Tanguy Ndombèlé this summer, with the north London club set to beat some of Europe’s grandest clubs to his signature.
Kylian Mbappé has joked that he will be able to catch Lionel Messi in the race for this season’s European Golden Shoe.
Jann-Fiete Arp has confirmed he will be joining Bayern Munich this summer.
New York Mayor Bill de Blasio said Thursday he will seek the 2020 Democratic presidential nomination, despite a panning by US media and polls which suggest he faces a tough fight.
The Federal Government has invested over N5 billion on the provision of health and humanitarian services in Borno State in the last three years, the Minister of Health, Isaac Adewole, has said.
A Federal High Court sitting Ilorin, on Monday admitted to bail the four officials of the Kwara state government accused of financial malfeasance by the Economic and Financial Crimes Commission (EFCC).
After Liverpool were beaten to the Premier League title by Manchester City, Mohamed Salah shifted his focus to their Uefa Champions League final against Tottenham Hotspur in Madrid on June 1.
The 30-year-old fullback's contract was terminated on Friday after he was found guilty earlier this month of a "high-level breach of the professional players' code of conduct" over the Instagram and Twitter post.