Home Topics Bureau of Public Enterprises
Bureau of Public Enterprises
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 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.
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 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.
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 House of Representatives has opposed the alleged plan by the Federal Government to sell Afam Power Generation Company as a dilapidated asset.
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.
Ms Ogochukwu Okafor, young mother of a six-year-old son filmed nude in Anambra State in a video that has gone viral on the internet on Tuesday demanded for justice.
Justice Nathaniel Ayo-Emmanuel of the Federal High Court, Ibadan, on Tuesday dismissed the objection raised by the second defendant, Muniru Olaniran, in the N8 billion CBN currency scam case.
The Nigerian Meteorological Agency (NiMet) has warned against non-compliance to weather information, stating that it results in loss of over 350,000 hectares of land annually.
Thousands of Syrians are protesting throughout Syria on Tuesday against US President Donald Trump’s official recognition of Israeli sovereignty over the Golan Heights, according to the Syrian state news agency SANA.
Workers urges federal government to slash political officials’ security votes to accommodate minimum wage
A cross section of workers in Enugu State have urged the Federal Government to reduce cost of governance and security votes of political office holders to accommodate the new minimum wage.
The Personal Assistant to President Muhammadu Buhari on New Media, Bashir Ahmad, has said the president did not campaign for his party, the APC after his re-election because “he wanted to leave the people to express their will”.
The Peoples Democratic Party (PDP) Wednesday denied the reports that its candidate for the 2019 gubernatorial election in Lagos State Jimi Agbaje has dumped the party.
The Independent National Electoral Commission has said the observation of the United States of America that it was disappointed with the quality of the conduct of Nigeria’s elections was not enough to discredit it.
The Peoples Democratic Party (PDP) has said an alleged conspiracy between the Independent National Electoral Commission (INEC) and the governing All Progressives Congress (APC) to rig tomorrow’s supplementary election in some selected states will fail.
Juventus star Cristiano Ronaldo has continued to maintain his good reputation on and off the football pitch in recent time, he single-handedly rescued Juventus from elimination by scoring a brilliant hatrick to defeat Atletico Madrid to secure a spot in the Quater-finals of the Uefa Champions League and has now started his own hair plant company to help the public.