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Bureau of Public Enterprises

BPE: No plans to sell Lagos Trade Fair complex

The Bureau of Public Enterprises (BPE) on Tuesday assured protesting traders operating at the Lagos International Trade Fair Complex (LITFC) that there are no plans by the Federal Government to sell the outfit.

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.

Mainstream raises Kainji, Jebba capacity to 922MW, decries N72bn energy debt

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.

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.

Federal government inaugurates committees to tackle privatisation challenges

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 Minister of Information and Culture, Alhaji Lai Mohammed, addressing the ex-workers of the defunct Nigeria Airways, who staged a rally in support of President Muhammadu Buhari in Lagos on Friday.

Ex-Nigeria Airways workers recount 14-year ordeal of non-payment of benefits

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.
Aluminum Smelter Company of Nigeria (ALSCON)

BPE bargains concessionary gas price for ALSCON

The Bureau of Public Enterprises (BPE) says the federal government should consider listing Aluminium Smelting Company of Nigeria (ALSCON) as a strategic industry so it can get gas at a concessionary price.
Aluminum Smelter Company of Nigeria (ALSCON)

BPE: ALSCON set to recommence operations

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.

BPE concessions Warri Port Terminal B

The Bureau of Public Enterprises (BPE) has concessioned the Warri old Port Terminal B to Ocean & Cargo Terminal Services Limited.
Yola Electricity Distribution Company (YEDC)

BPE urges Yola DisCo to shun sectional interest

The Bureau of Public Enterprises (BPE), has charged members of the Management Board of the Yola Electricity Distribution Company (YEDC) to shun personal and sectional interests in the discharge of their duties.
Benin Electricity Distribution Plc. (BEDC)

Edo civil activists want BPE chief removed from BEDC board

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.
SAHCO

SAHCO targets expansion of operations to West African sub-region in 2019

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.
Institute of Chartered Accountants of Nigeria (ICAN)

ICAN tasks federal government to consolidate anti-corruption fight

The Institute of Chartered Accountants of Nigeria (ICAN) has commended the federal government’s anti corruption campaign while calling on government to further deepen efforts in the regard in order that the gains so far recorded will not be reversed.

House of Reps to probe BPE chief over planned sale of Afam power plant

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.
Institute of Chartered Accountants of Nigeria (ICAN)

ICAN advocates special court for graft cases

The Institute of Chartered Accountant (ICAN) has called on the Federal Government to establish special courts that would deal with cases of corruption in a speedy manner.

2018 budget: House of Reps moves to block Afam GENCO sale as scrap

The House of Representatives has opposed the alleged plan by the Federal Government to sell Afam Power Generation Company as a dilapidated asset.

Lagos Trade Fair investors react to federal government’s re-concession plot, seek excise

Barely one month after the Bureau of Public Enterprises (BPE), through the National Council on Privatisation (NCP), announced commencement of plans to re-concession the Lagos International Trade Fair Complex on Badagry Expressway, current occupiers who are on different long lease agreements with the Federal Government have reacted, warning that they should be excised from the new concession to avoid trouble.

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.

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A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

N8 billion scam: Court dismisses defendant’s objection to EFCC evidence

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NiMet warns against non-compliance to weather information

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Workers urges federal government to slash political officials’ security votes to accommodate minimum wage

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