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February 24, 2022 News Press Release

ICPC RATES BPE TOPS ON ETHICS AND INTEGRITY

The Bureau of Public Enterprises (BPE) has emerged the second highest ranking agency with a score of 89.6% out of 360 Ministries, Departments and Agencies (MDAs) of the Federal Government in the 2021 Ethics and Integrity Compliance Card (EICS) of the Independent Corrupt Practices and Other Related Offences Commission (ICPC). In a recent release by […]

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February 18, 2022 News Press Release

Geometric Power Takes Over Aba Ring-Fenced Area …Okoh Charges New Owner To Transform Franchise Area

  The Bureau of Public Enterprises (BPE) has formally handed over the Aba ring-fenced area of the Enugu Electricity Distribution Company (EEDC) to Geometric Power with the Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh declaring that the asset is being handed over to a tenacious investor that has made […]

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February 9, 2022 News Press Release

OENPL Takes Over Ogboyega Coal Mines…To Generate Electricity With Coal From Mines

The National Council on Privatisation (NCP) has granted approval to Orbit Exploration and Natural Products Limited (OENPL) to take over the mineral titles of Ogboyega North and South Coal Blocks, Mines number 769 & 772 ML from Western Metal Products Company (WEMPCO). The company is set to generate electricity with Coal from Mines. This was […]

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February 8, 2022 News Press Release

NCP Approves Standing Committees’ Membership

NCP Approves Standing Committees’ Membership The National Council on Privatisation (NCP) has approved the constitution   and membership of its four Standing Committees with immediate effect. These are, Technical Committee (TC), Stakeholder Engagement Committee (SEC), Finance Committee (FC) and Legal Committee (LC). The approval was part of the decisions taken by the newly inaugurated   Council at […]

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February 7, 2022 News Press Release

3 Privatised Firms Free From BPE’s Monitoring Activities

 The National Council on Privatisation (NCP) chaired by the Vice President Prof. Yemi Osinbajo (SAN) has approved the delisting of three privatised enterprises from routine monitoring activities of the Bureau of Public Enterprises (BPE). This is after they had fulfilled their covenants as identified in the Key Performance Indicators (KPIs) contained in the Share Sale […]

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February 4, 2022 News Press Release

Financial Impropriety Allegations Against BPE Spurious, Says Senate Public Accounts Committee

Senate Committee on Public Accounts, chaired by Senator Mathew Urhohide has described as spurious allegations of financial impropriety against the Bureau of Public Enterprises (BPE) by the office of the Auditor General of the Federation (OAuGF). The Committee which cleared the Bureau of the allegations when the Director General of the Privatisation Agency, Mr. Alex […]

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February 4, 2022 News Press Release

BPE To Execute 42 Transactions In 2022

The National Council on Privatisation (NCP), chaired by the Vice President, Professor Yemi Osinbajo (SAN) has approved the Bureau of Public Enterprises (BPE)’s 2022 work plan. The transactions are 11 in the Energy Sector,10 in the Industries and Services Sector, 8 in the Agriculture and Natural Services Sector and 13 in the Infrastructure and Public […]

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February 3, 2022 News Press Release

Vice President Inaugurates Health Sector Reform Committee

Vice President (Prof) Yemi Osinbajo (SAN) has declared that quality and affordable healthcare are central to Nigeria’s development. The Vice President who stated this at the inauguration of the Health Sector Reform Committee recently  noted that “a society is probably only as prosperous, developed and happy as its healthcare system which is central to any […]

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February 1, 2022 News Press Release

Osinbajo Tasks Reconstituted NCP On New Transactions, Others

 The Vice President and Chairman of the National Council on Privatisation (NCP) Prof. Yemi Osinbajo (SAN) has tasked members of the reconstituted NCP to tackle new transactions and reform activities of the Federal Government as well as resolve some of the thorny economic issues that are critical to the country’s accelerated economic development. Inaugurating the […]

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December 13, 2021 News Press Release

BPE’ll Ensure Smooth Conclusion Of Health Sector Reform, Says Okoh

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has pledged the determination of the Bureau to ensure the smooth conclusion of the Health Sector Reform in the country. Okoh made the pledge recently when the Rotary Club of Ibadan Onireke Neighborhood honoured him with an award of Excellence for his […]

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