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Bureau for Public Enterprises

Federal government pays 759 deceased workers pension

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.
President Buhari presides over National Food Council Meeting in State House on 16th Nov 2018-4

Federal government approves N60 billion for rice subsidy programme

The Federal Government has approved N60 billion in support of its rice subsidy programme aimed at bringing down the price of the commodity across the country.

Senator Mantu’s son joins race for House of Reps seat

Dr. Umar Mantu, son of former Deputy Senate President Ibrahim Mantu, on Tuesday in Jos declared interest in contesting the Mangu/Bokkos Federal Constituency seat.

Alex Okoh: BPE to review power sector privatisation

The Bureau for Public Enterprises (BPE) says it will review Nigeria’s power sector privatisation process, to remove fundamental flaws hindering effective operations in the sector.

BPE: 37 per cent of privatised Nigerian firms are failing

About two in five companies privatised by the Bureau for Public Enterprises since inception are not performing, the agency has stated.

AMCON takes over Daily Times

The Asset Management Corporation of Nigeria (AMCON) on Tuesday took over the assets of Daily Times Nigeria Plc, a foremost media establishment in Nigeria, over huge outstanding loan.

Court orders interim forfeiture of ex-President Jonathan allies’ N6 billion, houses

Justice Nnamdi Dimgba of the Federal High Court sitting in Abuja on Tuesday ordered temporary forfeiture of N6,584,785,000; $222,000 and Aso Savings Limited shares valued at N2,028,800,000 believed to be proceeds of the sale by Power Holdings Company of Nigeria (PHCN) to the Federal Government.

How President Jonathan’s officials, cousin shared N27bn proceeds of PHCN sale – EFCC

The Economic and Financial Crimes Commission, EFCC, has said that the sum of N27bn, which formed part of the proceeds of the sale of Power Holding Company of Nigeria, PHCN, was shared among top government functionaries in 2014.

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Ex-CDS Alex Badeh for burial January 23 in Abuja

Former Chief of Defence Staff (CDS), Air Chief Marshall Alex Badeh, who was murdered along the Abuja-Keffi/Kaduna road, would be buried on January 23.
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Election: Aisha Buhari, APC governors’ wives campaign massively for party

Wife of the President, Aisha Buhari, and wives of the All Progressives Congress (APC) governors in the North-East have called on women and youths to vote massively for the party in the forthcoming general elections.

INEC: 209,721 PVCs yet to be collected in Cross River

The Independent National Electoral Commission (INEC) says 209,721 Permanent Voter’s Card (PVCs) have yet to be collected in Cross River ahead of the 2019 general elections.