Press Release

October 11, 2022 News Press Release

N206.18Bn Privatisation Proceeds To Fund Nigeria’s 2023 Budget Deficit

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 Consolidation and Transition to the joint session of the National Assembly in Abuja on Friday, October 7, 2022, the president gave other sources of funding the deficit to include new borrowings totalling N8.80 trillion and […]

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September 26, 2022 News Press Release


The attention of the Bureau of Public Enterprises (BPE) has been drawn to a news publication alleging that “the Federal Government is currently gearing up to put the Transmission Company of Nigeria, up for Sale”. The BPE wishes to state that the news is completely false in all its ramifications. The allegation is a mere fabrication by mischief makers aimed at creating room for another needless strike by electricity workers. The actions of the Federal […]

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September 12, 2022 News Press Release

Okoh Extols Retiring BPE Staff, Urges Them To Be Good Ambassadors

The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has enjoined exiting staff of the Bureau to be good ambassadors of the reform agency in their next individual endeavours even as he urged public servants in the country to be legacy minded while discharging their duties to the nation. The Director General gave the charge at the valedictory dinner organized by the Bureau in honour of six retiring staff held […]

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September 5, 2022 News Press Release

FG Inaugurates TWAGs To Resuscitate Ailing Enterprises

The Federal Government has inaugurated four Technical Working (TWGs) Groups to review and implement a strategic roadmap for the resuscitation of ailing enterprises in the country. They are for the Automobile, Housing (Bricks and Clay), Mines and Steel as well as Oil Palm sectors. Inaugurating the TWGs on behalf of the Federal Government in Abuja on Friday, September 2, 2022, Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh said the […]

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August 19, 2022 News Press Release

PRESS STATEMENT- BPE, Foreign Firm Collaborate On Investment Opportunities In Nigeria

The Bureau of Public Enterprises (BPE) will collaborate with Jindal Steel & Power Group (a leading world player in Steel, Mines and Infrastructure) in its areas of interest to invest in Nigeria, Director General of the reform, concession and privatisation agency, Mr. Alex A. Okoh has said. Consequently, a joint committee to work out the modalities for the exercise has been set up with the Director, Industries and Services at the BPE, Mr. Yunana Jackdel […]

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