News

RESTRUCTURING OF KANO, BENIN, KADUNA, IBADAN AND PORT HARCOURT DISCOs – JULY 5th, 2022 Today we were informed by Fidelity Bank that they have activated the call on the collateralized shares of Kano, Benin and Kaduna (Fidelity and AFREXIM) DISCOs and that they have initiated action to take over the Boards of these DISCOs and …

RESTRUCTURING OF KANO, BENIN, KADUNA, IBADAN AND PORT HARCOURT DISCOs – JULY 5th, 2022 Read More »

Sixteen firms have been pre-qualified for the privatisation of five National Integrated Power Projects (NIPPs) in the country, Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has announced. Okoh announced this at the Investor Pre-bid Conference for the privatisation of the five NIPP plants namely:Geregu, Omotosho,Olorunsogo, Calabar and Benin-Ihovbor which …

16 Firms Pre-qualified For 5 NIPPs Privatisation…Okoh Says Power Sector remains Viable Investment Read More »

The National Council on Privatisation (NCP) at its 3rd meeting for 2022 held at the Presidential Villa, Abuja recently approved the strategy and workplan to fast-track the concession of Zungeru Hydroelectricity Power Plant (ZHPP) in Wushishi Local Government Area of Niger State subject to any further development from Ministry of Power. The Council noted that …

NCP APPROVES FAST-TRACK OF WORK ON ZUNGERU POWER PLANT Read More »

The National Council on Privatisation (NCP) has approved the immediate composition and the proposed governance framework for the sustainable management and payment of post privatisation liabilities of the power sector transferred to Nigeria Electricity Liability Management Company Ltd (NELMCO) which hitherto was without a Board. This was one of the major decisions taken by the …

NELMCO GETS GOVERNING BOARD Read More »

SERVICOM Propels BPE’s Service Delivery Initiative, Says Okoh Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A.Okoh has said that  the mandate of Service Compact (SERVICOM) propels the Bureau’s service delivery initiative and appealed to other government agencies in the country  to do the same. Okoh stated this at the second quarter …

SERVICOM Propels BPE’s Service Delivery Initiative, Says Okoh Read More »