Amina Othman
BPE: N14 billion PHCN privatisation proceeds not diverted
The Bureau of Public Enterprises (BPE) has refuted reports that it diverted N14 billion from the proceeds of the privatisation of the defunct Power Holding Company of Nigeria (PHCN).
BPE denies diverting N2.5 billion from PHCN to acquire property
The Bureau of Public Enterprises (BPE), says its officials did not divert N2.5 billion from Power Holding Company of Nigeria (PHCN) to buy property in Aso Savings and Loans (ASL).
Efforts on to revamp ALSCON – BPE chief
Director-General of the Bureau for Public Enterprise, BPE, Mr Alex Okoh, has said that efforts were on to resolve the lingering legal tussle over the Aluminium Smelting Company of Nigeria, ALSCON, Ikot-Abasi, Akwa Ibom State in order to revamp the firm.
BPSR seeks BPE partnership to revive moribund industries
Director General of the Bureau of Public Service Reforms (BPSR), Mr. Dasuki Ibrahim Arabi is seeking the collaboration of the Bureau of Public Enterprises (BPE) to reform some moribund industries in the country.
BPE cautions ex-PHCN staff over purported verification exercise
The Bureau of Public Enterprises (BPE), says it is not conducting another verification exercise for the defunct staff of Power Holding Company of Nigeria (PHCN) as is being circulated in some quarters.
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 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.
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.
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.
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 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.
BPE, NBS, NISER to conduct impact assessment of privatised enterprises
The Bureau of Public Enterprises (BPE) is on the verge of carrying out an impact assessment exercise on select privatised enterprises under the reform and privatisation programme of the federal government, the Director General of the Bureau, Mr. Alex Okoh, has disclosed.
BPE: We won’t compromise on transparency in sale of public assets
Mr Alex Okoh, the Director General, Bureau of Public Enterprise (BPE) has assured that the organisation would not compromise on transparency and integrity in the sale and management of public assets in the country.
BPE privatises 142 enterprises
Director-General, Bureau of Public Enterprises (BPE), Mr Alex Okoh, said the bureau privatised 142 enterprises from inception in 1993 to date.
Recent Stories
NAPTIP seeks partnership with UNODC to fight human trafficking
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) says it will continue to deepen partnership with the UN Office on Drugs and Crimes (UNODC) to fight trafficking in person in the country.
Arsenal ‘make approach’ for wantaway Real Madrid playmaker
However, the 22-year-old has played just five minutes in the last six games and earlier today, reports in the Spanish press indicated that the player had told Zinedine Zidane of his intention to leave on loan during the window.
Pope urges U.S. reconciliation as bishops call out Joe Biden on abortion
Pope Francis told U.S. President Joe Biden on Wednesday that he was praying that God would guide his efforts to bring reconciliation in the United States, while the nation’s bishops condemned Biden’s pro-choice stand on abortion.
John Mrabure emerges new acting correctional chief
A Deputy Comptroller-General of the Nigerian Correctional Service (NCoS), DCG John Mrabure, has been appointed as acting Comptroller General of the Service.
Jigawa PDP inaugurates 29-member reconciliation committee
The Jigawa State Chapter of the Peoples Democratic Party (PDP) has inaugurated a 29-member reconciliation committee to unite and bring back its lost glory in the state.
Most Popular
Nigeria records 1,444 new coronavirus infections, total now 110,387
The Nigeria Centre for Disease Control (NCDC) has recorded 1,444 new cases of Coronavirus (COVID-19) in the country.
Russia: Better ties with US up to Joe Biden
The United States recently blamed Kremlin-backed hackers for a massive cyberattack that breached government institutions, adding to a long list of grievances plaguing ties between the former Cold War rivals.
Vatican: Pope Francis, predecessor get coronavirus vaccine
“I can confirm that as part of the vaccination program of the Vatican City State, as of today, the first dose of the Covid-19 vaccine has been administered to Pope Francis and to the Pope Emeritus,” said Matteo Bruni, director of the Holy See Press Office in response to journalists’ questions.
Meet the Bidens: America’s new ‘first family’
Biden has made his family a major focus throughout his career, and his 2020 presidential campaign thrust them fully into the spotlight — with some members causing controversy but others breaking barriers.
Kaduna CPFN chair: Bishop Kukah spoke minds of majority of Nigerians
Chairman, Christian Pentecostal Fellowship of Nigeria (CPFN), Kaduna State chapter, Pastor Shola Olatunbosun has said that the Christmas outburst on the state of the nation by the Bishop of Sokoto Catholic Diocese, Matthew Kukah, was in order because he spoke the minds of majority of Nigerians.