Press Release

December 10, 2021 News Press Release

JOINT PRESS RELEASE OF THE NIGERIAN ELECTRICITY REGULATORY COMMISSION (NERC) AND BUREAU OF PUBLIC ENTERPRISES (BPE) ON THE RECENT CHANGES IN THE COMPOSITION OF THE BOARD OF ABUJA ELECTRICITY DISTRIBUTION COMPANY (AEDC) PLC

The attention of the Nigerian Electricity Regulatory Commission (“NERC”) and Bureau of Public Enterprises (“BPE”) has been drawn to misrepresentations in the press on the facts/circumstances leading to the change in the composition of the board of Abuja Electricity Distribution Plc (“AEDC” or the “DisCo”), the licenced utility that serves end-use customers in Kogi, Nasarawa, […]

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December 10, 2021 News Press Release

BPE Names Interim Mgt. Team For AEDC

The Bureau of Public Enterprises (BPE) has named members of the interim management team for the Abuja Electricity Distribution Company (AEDC) Plc. They are: Bada Akinwumi- Interim Managing Director Sani Usman- Interim Chief Business Officer Babajide Ibironke- Interim Chief Finance Officer Donald Etim- Interim Chief Marketing Officer; and Femi Zachaeus- Interim Chief Technical Officer. Already, […]

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November 1, 2021 News Press Release

Okoh Makes Case For Alternative Power Supply In Nigeria – As He Inaugurates PDT On Small Hydros

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has called for the establishment of energy sources and resources  to supplement the limited power generation and supply in Nigeria with  only 40 percent of the country’s over 200 million population; currently  having  has access to electricity. Okoh who made the call […]

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October 28, 2021 News Press Release

Amendment of BPE Act Not To Usurp Regulatory Powers, Says Okoh

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has allayed fears of perceived usurpation of regulatory powers by the Bureau in the concession of public assets in the country. Okoh who made this known in Abuja on Monday, October 25, 2021, at a public hearing organised by the House of […]

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October 26, 2021 Press Release

Gbajabiamila Wants Law To Enable Government Collaborate With Private Sector On Privatisation, PPPs

As Okoh Says, 234 Public Enterprises Successfully Transferred To Private Entities Speaker of the House of Representatives, Hon. Femi Gbajabiamila has stressed the importance for Nigeria to think critically and act decisively to put in place a legal framework for Privatisation and Public Private Partnerships (PPPs) which allows the government to collaborate with the private […]

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October 22, 2021 News Press Release

BPE’ll Continue to Uphold Its Core Values-Oko

The Bureau of Public Enterprises (BPE) will continue to uphold its core values of an efficient and credible organisation in the discharge of its mandate as the driver of the reform and privatisation programme of the Federal Government, its Director General, Mr. Alex A. Okoh has said. Speaking at a One-day retreat organised by the […]

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October 11, 2021 News Press Release

Privatisation Proceeds To Fund Nigeria’s 2022 Budget Deficit

Privatisation Proceeds will be part of borrowings, totaling N5.01 trillion to fund the deficit in the 2022 Fiscal Budget, His Excellency President Muhammadu Buhari (GCFR) has announced. Presenting the 2022 National Budget tagged Budget of Economic Growth and Sustainability to the Joint Session of the National Assembly in Abuja on Thursday, October 7, 2021, the […]

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October 8, 2021 News Press Release

BPE Assures Investors of Healthy Competition in Public Enterprises

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has pledged the Bureau’s commitment to ensuring healthy competition among investors in Public Enterprises in the country while simultaneously protecting the rights of the consumers. Okoh made this known when the Management team of the Federal Competition and Consumer Protection Commission (FCCPC), […]

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September 15, 2021 News Press Release

RBDAs: Catalyst For Food Security, Job Creation, Says Water Minister ..As Okoh Gives TIC 6 Months to Complete Task

Minister of Water Resources, Engr. Suleiman Adamu has said that the partial commercialisation of twelve River Basin Development Authorities (RBDAs) in Nigeria by the Federal Government is to attract private sector funds for their revitalization to ensure effective and efficient service delivery as the RBDAs are strategic players in the actualization of national food security, […]

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August 27, 2021 News Press Release

FG Receives Report on Non-performing Privatised Enterprises

The Federal Government’s four inter agency committees on the resuscitation of ailing/ non- performing privatised enterprises in the country have submitted their reports with the Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh reiterating the Bureau’s commitment to collaborate with relevant agencies to resuscitate and bring to life, the moribund […]

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