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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.
Some pensioners and ex-workers of the defunct Nigeria Airways have given accounts of the trauma, untold hardship they went through for more than 14 years they were retrenched without payment of their pensions and benefits.
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.
Mr Momoh Aliyu, a financial expert and Managing Director of Cyber1 Systems Network International, has backed decision by PDP’s presidential candidate Atiku Abubakar to privatise the Nigerian National Petroleum Corporation (NNPC).
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.
Following its recent Initial Public Offering (IPO) on the floor of the Nigerian Stock Exchange (NSE), the Executive Director, Sales and Marketing, Skyway Aviation Handling Company Plc (SAHCO), Olaniyi Adigun, has said the process will broaden the company’s access to capital to fund future growth plans and initiatives.
The Skyway Aviation Handling Company Plc is planning to expand its ground handling services to other countries in the West African sub-region in 2019.
The Pension Transitional Arrangement Directorate (PTAD) on Sunday revealed it had settled the death benefit of 759 deceased workers via their Next-Of-Kin (NoK). It includes the pensioners who died after service.
The House of Representatives on Wednesday directed its Committee on Privatization and Commercialization to commence probe on the Director General of the Bureau of Public Enterprises (BPE), over his plans to sell the Afam Power Plc as scrap, asking the National Council on Privatization (NCP) to immediately suspend the processes.
The Zimbabwean government says it is appealing to the international community for help with medicine, food and infrastructure, as victims of Cyclone Idai push for expedited aid.
Kurdish-led forces pronounced the death of the Islamic State (ISIS) group’s nearly five-year-old “caliphate” Saturday after flushing out diehard jihadists from their very last bastion in eastern Syria.
The Federal Government and the International Fund for Agricultural Development (IFAD) on Friday commended the implementation of the Value Chain Development Programme (VCDP) in Niger State.
To mark this year’s World Water Day on Friday, the United Nations International Children’s Fund has lamented that children under the age of 15 in conflict countries die more of diarrhoeal diseases than direct violence, in a new report it released on Thursday.
Democratic Republic of Congo is facing the second largest outbreak of Ebola in history as attacks on clinics pose a further challenge to the government and humanitarian organizations struggling to fight the virus.
The Nigerian Army, 8 Division, Sokoto, said Sunday, that it will be organising a 3 day symposium/ outreach in commemoration of the 2019 world oral health day from 19 to 21 March, 2019.
A security guard at a bakery on Tunji Adebayo Street, Fagba Bus Stop, Lagos, Stanley Eke, has been murdered on the premises of the firm one week after he was employed.
Super Eagles captain Mikel Obi is not ready for a return to the national team despite playing regularly for his English Championship side, Super Eagles coach Gernot Rohr has revealed.
The Nasarawa South senatorial candidate of the Peoples Democratic Movement, Mr Abdullahi Agwai, has dragged the Independent National Electoral Commission to court.
Barcelona forward Luis Suarez has been ruled out of playing in the China Cup with Uruguay after spraining his ankle for his club at the weekend.