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Amina Othman

Aluminum Smelter Company of Nigeria (ALSCON)

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.
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.

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.
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.

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.

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The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA fixes petrol ex-depot price for N138.62

The Petroleum Products Pricing Regulatory Agency (PPPRA) kept the petrol dealers guessing on Tuesday when it approved an ex-depot price of N138.62 per litre for the Premium Motor Spirit (PMS) petrol and kept the pump price to its chest.
Senate Minority Leader, Hon. Ndudi Elumelu from Delta State. on Monday in a motion canvassed for adherence and respect to the concept of separation of powers as enshrined in the laws of Nigeria.

Rep Elumelu: Opposition lawmakers leading anti-corruption investigations

The Minority Leader of the House of Representatives, Rep. Ndudi Elumelu (PDP-Delta), says opposition lawmakers in the house have been at the center of unearthing and exposing acts of corruption in the country.
Gov. Bello Matawalle of Zamfara has lifted the ban on congregational prayers in Mosques and Churches placed to curtail the spread of the coronavirus in the state.

Zamfara schools to resume August 9

The Zamfara State Government has directed secondary schools in the state to reopen from August 9, to enable exiting students sit for Secondary School Certificate Examination (SSCE).
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Trading sustains positive trend, up by 0.31 per cent

Activities on the Nigerian Stock Exchange (NSE) extended a positive trend on Tuesday with key market indices appreciating further by 0.31 per cent.

NUC: 32 universities involved in research to tackle impacts of coronavirus

The Executive Secretary, National Universities Commission (NUC), Prof. Abubakar Rasheed, says 32 federal, state and private universities across all geopolitical zones are involved in different stages of research toward tackling direct and collateral impacts of COVID-19.