Press Release

September 19, 2018 Press Release

The sale of 21 percent shares of the Federal Government in the Nigerian Security Printing and Minting (NSPM) Plc

The sale of 21 percent shares of the Federal Government in the Nigerian Security Printing and Minting (NSPM) Plc to the Central Bank of Nigeria (CBN) will contribute over N17 billion to the national treasury, Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has said. At the signing ceremony for […]

Read More
September 14, 2018 Press Release

PHCN Severance

The 408 active staff and retirees/ Next-of Kins (NOKs) of the defunct Power Holding Company of Nigeria (PHCN) who have been computed and audited by the Office of the Accountant General of the Federation (OAGF) have started receiving payment for their entitlements amounting to N1, 053,402,476.03, the Bureau of Public Enterprises (BPE) has revealed. The […]

Read More
August 16, 2018 Press Release

NCP Resolutions and Updates 1

The National Council on Privatisation (NCP) has approved the appointment of Advisers for three transactions undertaken by the Bureau of Public Enterprises (BPE) for the current year (2018) as part of the reform strategy of the Federal Government. They are the partial commercialisation of the River Basin Development Authorities (RBDAs), partial commercialisation of the National […]

Read More
August 15, 2018 Press Release

NCP Resolutions and Updates

The National Council on Privatisation (NCP) has approved the appointment of Advisers for three transactions undertaken by the Bureau of Public Enterprises (BPE) for the current year (2018) as part of the reform strategy of the Federal Government. They are the partial commercialisation of the River Basin Development Authorities (RBDAs), partial commercialisation of the National […]

Read More
August 15, 2018 Press Release

The National Council on Privatisation (NCP) has Approved the Appointment of Advisers for Three Transactions Undertaken by the BPE

The National Council on Privatisation (NCP) has approved the appointment of Advisers for three transactions undertaken by the Bureau of Public Enterprises (BPE) for the current year (2018) as part of the reform strategy of the Federal Government. They are the partial commercialisation of the River Basin Development Authorities (RBDAs), partial commercialisation of the National […]

Read More
June 7, 2018 Press Release

Stakeholders Engagement Committee Orientation (SEC)

The Minister of Information and Culture, Alhaji Lai Mohammed has decried the misconceptions on the Federal Government’s privatisation and Commercialisation programme, saying there must be deliberate efforts to correct the misconceptions. Speaking at a one-day orientation programme for members of the Stakeholders Engagement Committee (SEC) of the National Council on Privatisation (NCP) in Abuja recently,the […]

Read More
June 1, 2018 Press Release

A leading Economist, Dr. Ayo Teriba, has declared that privatisaton is beyond the sale of public assets

A leading Economist and the Chief Executive Officer of Economic Associates, Dr. Ayo Teriba, has declared that privatisaton is beyond the sale of public assets but rather it is the optimization of government ownership and a secure and more sustainable means to boost the nation’s economy as well as to secure economic buffers for citizens. […]

Read More
April 19, 2018 Press Release

Concessioning of Terminal B Warri Old Port

Ocean and Cargo Terminal Services Limited has emerged the preferred bidder for the concessioning of Terminal B Warri Old Port in Delta State. Public Enterprises (BPE) in Abuja on Wednesday, April 18, 2018,Ocean and Cargo offered the sum of USA $25, 510,000.64 to emerge the preferred Concessionaire after its rival-Ecomarine Consortium- was disqualified for improper […]

Read More
April 9, 2018 Press Release

Status of refund to the former core investor in the Yola Electricity Distribution Company (YEDC)

It would be recalled that in the last few weeks, the Bureau of Public Enterprises (BPE) has been inundated with enquiries by reporters from the print and electronic media on the status of refund to the former core investor in the Yola Electricity Distribution Company (YEDC) – Integrated Energy and Distribution Marketing Company (IEDM). Consequently, […]

Read More
April 6, 2018 Press Release

Transaction advisers for Afam and Yola

The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh has reiterated the resolve of the Bureau not to compromise on transparency and integrity in the sale and management of public assets in the country. Speaking at the joint kick-off meeting of the transaction advisers for the privatisation of Afam Power Generation […]

Read More