ADVERTORIAL RE: CAVEAT EMPTOR The attention of the Bureau of Public Enterprises (BPE), Secretariat of the National Council on Privatisation (NCP) has been drawn to a publication on page 48 of the Vanguard Newspaper of Monday, November 9, 2020 titled: Caveat Emptor by the Asset Management Corporation of Nigeria (AMCON) under its Act 2010 (as […]
Read MoreFG, Transcorp Sign Deal For 966 Megawatts Afam Power Plant The Nigerian government and the Transcorp Power Consortium have signed a Share Sale and Purchase Agreement (SSPA) for Afam Power Plc and Afam III Fast Power Ltd, which is expected to add 966 megawatts to the national grid. The deal was signed on Thursday,November 5, […]
Read MoreRE: AuGF REPORT REVEALS HOW BPE OFFICIALS DIVERTED N2.5BN PHCN PROCEED TO BUY PROPERTIES IN ASO SAVINGS Our attention has been drawn to media reports with the above headline which appeared in several newspapers on Wednesday, November 4, 2020, insinuating that officials of the Bureau of Public Enterprises (BPE) allegedly diverted N2.5bn Power Holding Company […]
Read MoreDirector General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has assured workers of the Nigerian Postal Service (NIPOST) that the on-going reform of the postal service will not attract job losses or retrenchment but will rather create more jobs in the subsidiaries that would emerge after the reform. Receiving the leadership […]
Read MoreThe Bureau of Public Enterprises (BPE) is not responsible for the sale of Federal Government’s landed property in the country, Director General of the nation’s privatisation agency; Mr. Alex A. Okoh has clarified. Appearing before the House of Representatives Committee on Public Accounts, chaired by Mr. Oluwole Oke on Tuesday, August 11, 2020, the […]
Read MoreFollowing the half-truths being peddled on the settlement of severance benefits to the ex workers of the defunct Power Holding Company of Nigeria (PHCN, we wish to state that the Federal Government has so far spent N409, 915,331,675.45 on the payment of severance benefits to ex-workers and death benefits of the defunct utility company. The […]
Read MoreThe ongoing reform of the Nigerian Postal Service (NIPOST) is not privatisation of the entity but to unbundle NIPOST into viable subsidiary companies which will operate on the principle of commercial viability, while the core postal service function will remain with NIPOST as the parent company, Director General of the Bureau of Public Enterprises (BPE), […]
Read MoreThe Bureau of Public Enterprises is not opposed to the planned forensic audit of the power companies in Nigeria by the Federal Government and therefore, not part of the decision by the eleven (11) power Distribution Companies (Discos) to seek court redress to restraint the Nigerian Electricity Regulatory Commission (NERC) from interfering in their (Discos)’s […]
Read MoreThe Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has said that the Bureau plans to carry out 19 transactions in 2020. Okoh made this known when he received members of the Senate Committee on Privatization and Commercialization led by its Chairman, Chief Theodore A. Orji (Ochendo) who were on […]
Read MoreGov. Emmanuel Udom Commends BPE’s Stabilizing Role In Nigerian Economy …Okoh Says Efforts On To Revamp ALSCON Akwa- Ibom State Governor, Mr.Udom Emmanuel has pledged to support the Bureau of Public Enterprises (BPE) in its reform and privatisation mandate and called on Nigerians to support the privatisation agency in exercising its mandate. Receiving the management […]
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