Category: News

Nine firms have been approved by the National Council on Privatisation (NCP) under the Chairmanship of the Vice President, Professor Yemi Osinbajo (SAN) to immediately  carry out a nationwide verification of NIPOST Properties & Development Company Limited. The firms which...

  Also Approves Merger of Egbin Power Plant With KEPCO The National Council on Privatisation (NCP) has approved Mainstream Energy Solutions Limited (MESL) as the preferred bidder for the concession of the Zungeru Hydroelectric Power plant (ZHPP) for a fee...

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has emerged the Public Administrator of the Year at the 2022 Pink Awards organised by La Veronica Magazine. Presenting the Award to the Director General who was...

The Minister of Power Engr. Abubakar Aliyu has revealed that the 1,650mw Makurdi Hydro Power Plant (MHPP) when completed would not only address the energy shortfall in the country, but also mitigate flooding. Speaking at the inauguration of the Project...

The Minister of Information and Culture Alhaji Lai Mohammed has charged the Service Compact with all Nigerians, (SERVICOM) to collaborate with National Orientation Agency (NOA) to embark on enlightenment campaign to sensitize Nigerians on the activities of the SERVICOM. The...

Three firms  each have been pre-qualified and issued the Request for Proposal (RFP) for the concession of the Calabar and Kano Free Trade Zones (FTZs) in the country, respectively. They are Diamond Stripes Consortium, BUA International Limited and Northwest Petroleum...

The National Council on Privatization (NCP) Tuesday approved a governance framework for the development of a $3bn plant in Makurdi, Benue State.  The approval was given at the NCP meeting chaired by Vice President Yemi Osinbajo at the Presidential Villa,...

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has said that the Investors Roadshow for the concession of the 700MW Zungeru Hydroelectric Power Plant (ZHPP) is in continuation of the Federal Government’s drive to achieve...

As part of efforts to optimise the services of the Forestry Research Institute of Nigeria (FRIN), the Federal Government through the Bureau of Public Enterprises (BPE) has inaugurated an interagency committee between the two agencies for enhanced potentials of FRIN...

The Bureau of Public Enterprises (BPE) is to fund the deficit in the 2023 Nigeria’s Budget with N206.18 billion through Privatisation Proceeds, President Muhammadu Buhari has disclosed. Presenting the 2023 budget estimates totalling N20.51 trillion and tagged: Budget of Fiscal...