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November 14, 2019 Press Release

Okoh Lists Privatisation Benefits On Nigerian Economy

The Reform and Privatisation Programme of the Federal Government has impacted positively on some key sectors of the Nigerian economy, Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has declared. Speaking at the Nigerian Investment Showcase at Guildhall, London, United Kingdom on the topic: Public Sector Deals recently; Okoh listed some of […]

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November 14, 2019 Press Release

BPE Strict On Corporate Governance Issues – Okoh

The Bureau of Public Enterprises (BPE) is strict with privatised enterprises on corporate governance issues, Director General of the Bureau, Mr. Alex A. Okoh has said. Receiving the Executive Secretary of the Financial Reporting Council (FRC) of Nigeria, Mr. Daniel Asapokhai, who led other management staff of the Council on a courtesy visit to the […]

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October 21, 2019 Press Release

BPE Contributes N135bn to National Budget – Okoh

The Bureau of Public Enterprises (BPE) has so far contributed N135bn out of the N220bn it is expected to generate for the 2019 fiscal budget, Director General of the privatisation agency, Mr. Alex A. Okoh has revealed. Speaking at an interactive forum with the Senate Committee on Privatisation at the National Assembly on Wednesday, October […]

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October 18, 2019 Press Release

A Testament To The Success Of Privatisation-Transcorp Hilton Hotel Receives Certificate of Discharge

As a testament to the success of the privatisation programme of the Federal Government, the Director General, Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has commended Transcorp Consortium for its commitment in implementing the Post Acquisition Plan for Transcorp Hilton Hotel. Okoh made the commendation at the Presidential Villa, Aso Rock, Abuja on […]

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October 17, 2019 Press Release

NCP Gives Approval For The Sale Of Afam Power, Yola DisCO

The National Council on Privatisation (NCP) has approved Transcorp Power Consortium as the preferred bidder for the Afam Electricity Generation Company (Afam Power Plc and Afam Three Fast Power Limited) with a bid price of N105.3bn (about US$343.6m) and Diamond Stripes Consortium as the reserve bidder with a price of N102.3bn. This was one of […]

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October 14, 2019 Press Release

BPE Reiterates Commitment to Inter-agency Collaboration

Director General of the Bureau of Public Service Reforms (BPSR), Mr. Dasuki Ibrahim Arabi has sought the collaboration of the Bureau of Public Enterprises (BPE) to reform some moribund industries in the country in line with its mandate. Speaking when he led the management staff of his agency on a courtesy visit to the Director […]

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September 3, 2019 Press Release

FG Committed To Resuscitating Ajaokuta Steel Company

The Federal Government of Nigeria (FGN) has not relented on its effort to address the issues of the Steel industry and rescue it from its current state, foremost among which is the completion and operations of Ajaokuta Steel Complex limited (ASCL). Government is desirous to achieve this through a robust framework to drive and guide […]

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August 14, 2019 Press Release

FG, Siemens Agreement Commences Before End of 2019

The Director General, Bureau of Public Enterprises, Mr. Alex A. Okoh has confirmed that the implementation of the agreement signed between the Federal Government of Nigeria and Siemens on the roadmap geared towards resolving existing challenges in the power sector and expanding capacity for future power needs in Nigeria will commence by the end of […]

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August 14, 2019 Press Release

BPE: Repositioning Health Sector To Reverse Poor Health Indices In Nigeria

The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has assured the nation that proposed the reforms in the health sector being canvassed by the agency would not involve divestiture of the Government from any health facility. He explained that the reforms would entail a repositioning of the health sector […]

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August 14, 2019 Press Release

FG Signs Agreement With Siemens For Implementation Of The Road Map To Resolve Challenges In Nigeria’s Power Sector

The Federal Government of Nigeria has unveiled a road map which is geared towards resolving existing challenges in the power sector and expanding capacity for future power needs in Nigeria. With the Bureau of Public Enterprises (BPE) representing the interest of Nigeria and Siemens representing the interest of Germany in this initiative, the roadmap for […]

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