Press Release

December 8, 2020 News Press Release

BPE Draws Up Schedule For Implementing PPP Projects

BPE Draws Up Schedule For Implementing PPP Projects The Bureau of Public Enterprises (BPE) has outlined steps with timelines in the next 12 months to two years; to showcase its collective achievements through the implementation of the new Federal Government’s circular on the administration of Public-Private Partnership (PPP) projects in the country, Director General of […]

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December 8, 2020 News Press Release

FG Gives BPE Powers To Handle Concessions

FG Gives BPE Powers To Handle Concessions With the new Federal Government’s circular  on the administration of Public-Private Partnership (PPP) projects in the country, the Bureau of Public Enterprises (BPE) shall be responsible for the concession of public enterprises and infrastructure already listed in the First and Second Schedules of the Public Enterprises Act, Vice […]

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November 26, 2020 News Press Release

Geometric Finally Takes Over Aba Ringed Fenced Area.

The lingering tussle over who owns the Aba ring-fenced area between Geometric Power and Interstate Electric( Owners of the Enugu Electricity Distribution Company (EEDC) has finally  been laid to rest with  the signing of the Asset Sale  Agreement (ASA) between the two companies. At the signing ceremony on Wednesday, November 26, 2020 in Abuja, Director […]

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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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