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Alex Okoh

Transcorp wins bid for Afam power plant

The chairman, Technical Committee of the National Council on Privatization (NCP), Mr. M.K. Ahmed on Tuesday announced Transcorp Power Consortium as the winner of the commercial and financial bid for the privatization of Afam Power Plc.
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.
Bank of Agriculture - BoA

Minister: Federal government to finalise Bank of Agric recapitalisation in 90 days

The Federal Government says it will finalise the recapitalisation of the Bank of Agriculture (BoA) in 90 days, in collaboration with the Bureau of Public Enterprise.

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 receives five bids for Yola DisCo, Afam GenCo

The Bureau of Public Enterprises (BPE) has received five bids and proposals for the acquisition of the Yola Electricity Distribution Company (YEDC) and Afam Electricity Generation Company (Afam Power Plc & Afam Three Fast Power Limited) by prospective core-investors.

Mainstream raises Kainji, Jebba capacity to 922MW, decries N72bn energy debt

Mainstream Energy Solutions Limited (MESL) said it can now generate 922 megawatts (MW) at Kainji, Jebba hydropower plants in Niger State but that 72 billion energy invoices remains unpaid in the Nigerian Electricity Market.

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.

Federal government inaugurates committees to tackle privatisation challenges

The Bureau of Public Enterprises (BPE) on Thursday inaugurated four committees to come up with a blueprint for addressing various complexities and challenges hindering the growth and development of some privatised enterprises in the country which were handed over to the core investors over ten years ago.
Aluminum Smelter Company of Nigeria (ALSCON)

BPE bargains concessionary gas price for ALSCON

The Bureau of Public Enterprises (BPE) says the federal government should consider listing Aluminium Smelting Company of Nigeria (ALSCON) as a strategic industry so it can get gas at a concessionary price.
Aluminum Smelter Company of Nigeria (ALSCON)

Revived aluminum firm for re-inauguration

President Muhammadu Buhari is to re-inaugurate the Aluminum Smelting Company of Nigeria (ALSCON), Ikot Abasi, Akwa Ibom, to enable it to re-commence production.
Aluminum Smelter Company of Nigeria (ALSCON)

BPE: ALSCON set to recommence operations

The Bureau of Public Enterprises (BPE) at the weekend said the $3.2 billion Aluminium Smelting Company of Nigeria (ALSCON), located at Ikot Ibasi, Akwa Ibom State, was set to recommence operations as the hitherto existing gas supply challenge that rocked the establishment had been largely resolved by the bureau and other relevant stakeholders.
warri port

Federal government privatises Warri Port terminal for N105 billion

The Bureau for Public Enterprises (BPE) has signed an agreement to concession terminal ‘B’ of the Warri Old Port to Ocean and Cargo Terminal Services Limited.

BPE concessions Warri Port Terminal B

The Bureau of Public Enterprises (BPE) has concessioned the Warri old Port Terminal B to Ocean & Cargo Terminal Services Limited.
Yola Electricity Distribution Company (YEDC)

BPE urges Yola DisCo to shun sectional interest

The Bureau of Public Enterprises (BPE), has charged members of the Management Board of the Yola Electricity Distribution Company (YEDC) to shun personal and sectional interests in the discharge of their duties.
Benin Electricity Distribution Plc. (BEDC)

Edo civil activists want BPE chief removed from BEDC board

The Director-General of the Bureau of Public Enterprise (BPE), Alex Okoh, has been asked to disqualify himself from the management board of BEDC electricity plc.

BPE: How privatisation saved Nigeria $3 billion

The privatization and commercialisation process has freed up over three billion dollars consumed by Public Enterprises (PEs) annually in terms of subventions, waivers and unpaid taxes, the Bureau of Public Enterprises (BPE) says.

BPE denies alleged expiration of Discos licences

The Bureau of Public Enterprise (BPE) has described a untrue, rumours that the operating licences of 11 electricity distribution companies in Nigeria have expired and needed to be renewed by the federal government.

BPE begins commercialisation of four river basin authorities

The Bureau of Public Enterprises (BPE) has commenced the partial commercialisation of four River Basin Development Authorities (RBDAs) in the country, including those of Niger-Delta, Sokoto-Rima, Ogun-Osun and Upper Niger.

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Bala Mohammed

Bauchi governor flags off N4.9 billion road project

The Governor, who spoke at the flag off ceremony at Ibrahim Bako Quarters in Bauchi, said the contracts for the construction of the two bypasses will help reduce travelling time within the city and road accident.

Gernot Rohr wants NFF to decide his future

Super Eagles’ Technical Adviser Gernot Rohr has resolved to lead the Eagles to win the 2021 Africa Cup of Nations if discussions of contract extension goes well between him and his employers, the Nigeria Football Federation, this week.

Shiites: Group condemns violent activities, calls for caution

Green Nigeria Project (GNP), a Non-Government Organisation (NGO), has condemned the violent activities of Islamic Movement in Nigeria (IMN) in the Federal Capital Territory (FCT) over detention of their leader, Sheik El-Zakzaky.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 2

Shiites/Police clash: Let nobody doubt or test my will to act – President Buhari

President Muhammadu Buhari has on Tuesday reiterated his commitment in fighting insecurity that is threatening the unity of the country.
President Muhammadu Buhari on Thursday met behind closed doors with the Liberian President, George Weah.

Full list of President Buhari’s ministerial nominees

Full list of President Buhari’s ministerial nominees