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November 16, 2020 News Press Release

REJOINDER TO AMCON ADVERT

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 […]

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November 6, 2020 Press Release

FG, Transcorp Sign Deal For 966 Megawatts Afam Power Plant

FG, 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, […]

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November 6, 2020 Media News Press Release

We’ve not Diverted N2.5BN PHCN Proceed – BPE

RE: 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 […]

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August 28, 2020 Press Release

NO Job Losses In NIPOST Reform, Okoh Assures Labour

Director 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 […]

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August 20, 2020 Press Release

BPE Not Responsible For Sale Of FG’s Landed Property

The 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 […]

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August 20, 2020 Press Release

FG SPENDS N409, 915,331,675.45 TO SETTLE EX-PHCN WORKERS-BPE

Following 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 […]

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June 24, 2020 Press Release

BPE Unbundling NIPOST, Not Privatisation-Okoh

The 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), […]

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May 30, 2020 Press Release

BPE Not Opposed To Forensic Audit of DISCOs – Okoh

The 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 […]

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March 20, 2020 Press Release

BPE Plans 19 Transactions in 2020 – Okoh

The 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 […]

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January 28, 2020 Press Release

Gov. Emmanuel Udom Commends BPE’s Stabilizing Role In Nigerian Economy …Okoh Says Efforts On To Revamp ALSCON

Gov. 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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