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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 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.
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 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 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.
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) 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.
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.
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.
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.
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.
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.
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.
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 Muhammadu Buhari has on Tuesday reiterated his commitment in fighting insecurity that is threatening the unity of the country.
Full list of President Buhari’s ministerial nominees
Governor Adegboyega Oyetola has declared that mining activities will henceforth be regulated in Osun State.
Former Ajax captain Matthijs de Ligt has blasted Manchester United after he secured a move to Juventus after the claims that he is being over-weight.
Nothing, not even childbirth, deterred teenager Fatoumata Kourouma Conde from completing the exam for which she had spent the past year preparing.
Gov. Ben Ayade of Cross River has declared July 30th every year, starting from 2019, as a public holiday for the planting of one million trees in a ceremony known as the Green Carnival.
After leading Nigeria to third place at Africa Cup of Nations in Egypt, Super Eagles captain Mikel John Obi has announced his retired from international football.