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Alex Okoh

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.

BPE, KPMG sign contract for NIPOST restructuring

The Bureau of Public Enterprises (BPE) and the Nigerian Postal Service (NIPOST) have signed a contract agreement with KPMG — the Transaction Adviser for the postal sector reforms and the restructuring/modernisation of NIPOST.
SAHCO

SAHCO to offer shares to public from November 12

Moves by Skyway Aviation Handling Company (SAHCO) to get enlistment on the Nigerian Stock Exchange (NSE) received a boost on Monday as the company officially made an initial public offer for the sale of 406,074,000 shares with effect from Nov. 12.

Lai Mohammed: Federal government working to checkmate failure of public enterprises

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government is implementing critical reforms and privatisation policies in key sectors of the economy to address the abysmal failure of public enterprises and halt the drain on the treasury

BPE: Privatisation better than borrowing for budget funding

Amidst on-going controversy over Nigeria’s debt sustainability, the Director General of Bureau of Public Enterprises, BPE, Alex Okoh, has said that the fiscal policy will do better raising budgetary funding from privatization.

Recent Stories

Rivers elections: Court adjourns hearing on governorship poll to March 28

Justice Inyang Ekwo of the Federal High Court in Abuja on Monday adjourned till March 28 hearing in a suit seeking to stop the Independent National Electoral Commission (INEC) from proceeding with the collation, conclusion and announcement of results in the March 9, Governorship and House of Assembly election in Rivers State.
Christian Association of Nigeria | CAN

CAN expresses concern over incessant kidnappings, killings in Taraba

The Christian Association of Nigeria (CAN), in Lau Local Government Area of Taraba, on Monday called on the state and federal governments to take stringent measures to end the incessant kidnappings and killings in the area.
Babajide Sanwo-Olu

INEC shifts date for issuance of Certificates of Return to Babajide Sanwo-Olu, others

The Independent National Electoral Commission has shifted the date for the issuance of Certificates of Return to the Governor-elect, Mr Babajide Sanwo-Olu, and his deputy, Dr Obafemi Hamzat.
All Progressives Congress (APC) Nigeria

South East APC demand House of Reps Speaker

The South East All Progressives Congress, APC, Youths Consultative Forum, has called on the leadership of the All Progressives Congress to zone the position of speaker to them.

APC campaign petitions IGP, DSS over PDP’s illegal access to INEC server

The APC Presidential Campaign Council has petitioned the Inspector-General of Police (IGP) and the Director-General of the Department of State Services (DSS).