Press Release

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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July 5, 2019 Press Release

Response by The Bureau of Public Enterprises (BPE), to Allegations of Impropriety in The Power Sector Reform and Privatisation Programme, Leveled Against it by Dr. Sam Amadi, Former Chairman Of Nigeria Electricity Regulatory Commission (NERC)

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July 1, 2019 Press Release

FGN Moves To Increase Its Representation On The Boards Of Discos

In furtherance of the move of the FGN to increase its representation on the Boards of the Discos, the BPE summoned a meeting of the Shareholders of the Discos on 26th June 2019. The Bureau, at the meeting reiterated the purpose of the reform and privatisation in the Nigerian power sector to address efficiency gaps […]

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June 6, 2019 Press Release

BPE Dissociates Self From Purported PHCN Staff Verification

RE: BPE-Notice To All Disengaged Staff Of Ex-PHCN Staff  Our attention has been drawn to attempts by a group of former staff of the defunct Power Holding Company of Nigeria (PHCN) to link the Bureau to a purported verification exercise for the disengaged staff of the entity  and  they have circulated various   correspondences to […]

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