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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 …

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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 …

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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. …

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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 …

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