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BPE Hands Over Afam Power Plc and Afam 3 Fast Power to Transcorp Power Consortium

(L-R) Owen Omogiafo, President/CEO of Transcorp Plc; Senator Barry Npigi; Tony Elumelu, Group Chairman of Transcorp; Alex A. Okoh, DG of BPE, Senator Adere Oriolowo, Deputy Chairman of Senate Committee on Privatisation and Commercialisation; Chisom Promise Dike of the House…
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Signing Ceremony For The Reform of Calabar and Kano Special Zones

From left: Director General, Bureau of Public Enterprises, Mr Alex Okoh; Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum; Minister, Otumba Adeniyi Adebayo and Permanent Secretary of the ministry, Dr Nasir Sani-Gwarzo, during the signing ceremony for…
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Some snap Shots of the Recent BPE COVID-19 Intervention in some Communities in the Federal Capital Territory (FCT)

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh presents a pack of food items to an elderly woman in continuation of the Bureau’s Corporate Social Responsibility (CSR) to cushion the effects of the Coronavirus Pandemic…
Press Release

RE: EXPOSED: Bureau Of Public Enterprises Diverts N14billion PHCN Sales Proceeds Into Private Banks.

December 23, 2020

 

RE: EXPOSED: Bureau Of Public Enterprises Diverts N14billion PHCN Sales Proceeds Into Private Banks. Ordinarily, the Bureau of Public Enterprises (BPE) does not join issues with its stakeholders in any privatization process, but we are constrained to put the records straight given the deliberate and constant disinformation on the proceeds from the privatisation of the…

 

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DG’s Corner

We are investing in our human capital and it is yielding results BPE is open for business. At the onset of the current leadership, the Bureau introduced a new vision and programme philosophy aimed at rediscovering its core values of transparency and integrity, and repositioning it for a future of…

 

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For many, privatisation and commercialisation is simply a massive fire sale of government assets by the National Council on Privatisation (NCP) and its implementation arm, the Bureau of Public Enterprises (BPE).   But on the scale of one to ten though, privatisation and commercialisation combined could only be ascribed about five points out of ten, while sector reforms alone would take the remaining five points and that’s a whopping 50 percent. But of course all that the public talk about is “how our collective assets are being disposed” by the BPE in particular

But why privatisation?

Experience worldwide has shown that public enterprises have failed to live up to expectations. They tend to consume a large proportion of national resources without discharging the responsibilities thrust upon them. More importantly, they fail to share out these resources efficiently. One only needs to review the level of coverage...
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‬‬RE: EXPOSED: Bureau Of Public Enterprises Diverts N14billion PHCN Sales Proceeds Into Private Banks.

RE: EXPOSED: Bureau Of Public Enterprises Diverts N14billion PHCN Sales Proceeds Into Private Banks. Ordinarily, the Bureau of Public Enterprises (BPE) does not join issues with its stakeholders in any privatization process, but we are constrained to put the records straight given the deliberate and constant disinformation on the proceeds…

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