News

May 19, 2022 News Press Release

BPE To Extend Expertise To Correctional Service on PPP Execution

BPE To Extend Expertise To Correctional Service on PPP Execution Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh says the Bureau is willing to deploy it expertise to assist the Nigerian Correctional Service (NCoS) in its efforts to develop some   projects through Public Private Partnership (PPP). These are: Cattle ranching […]

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May 13, 2022 News Press Release Uncategorized

Okoh Gives Reasons For Calabar, Kano FTZs Planned Concession

The Federal Government’s desire to concession the Calabar and Kano Free Trade Zones (FTZs) is for them to be able to catalyse business in the West African sub-region, through strategic production of goods and services that optimise the vast potential of the industrial axis of Cross River and Kano States, Director General of the Bureau […]

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April 19, 2022 News Press Release Uncategorized

Ogboyega Coal Blocks: BPE Transfers Asset Title To OENPL

The Bureau of Public Enterprises (BPE) on Wednesday, April 13, 2022 at its corporate offices in Abuja, transferred the asset title of Ogboyega North and South coal blocks to the Orbit Exploration and Natural Products Limited (OENPL) with a charge by BPE’s Director General, Mr. Alex A,Okoh for the new investor to justify the Federal […]

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March 10, 2022 News Press Release

BPE Formally Presents Discharge Certificates To 3 Privatised Firms 

The Bureau of Public Enterprises (BPE) has officially presented discharge certificates to three privatized enterprises which were earlier delisted from monitoring activities by the Bureau. They are Cement Company of Northern Nigeria (CCNN) located in Sokoto State; Federal Superphosphate Fertilizer (FSFC), Kaduna State and Ikoyi Hotels Ltd. (Southern Sun), Lagos State. Presenting the certificates to […]

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March 7, 2022 News Press Release

NNPCL Expresses Interest In NIPP Plants

Nigerian National Petroleum Company Limited (NNPCL), formerly Nigerian National Corporation (NNPC) has expressed interest to participate in the acquisition of the power plants put up for sale by the Federal Government through the Nigeria Integrated Power Plants (NIPPs). Managing Director of NNPCL, Mallam Mele Kolo Kyari who disclosed this when he led top management team […]

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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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