PRESS STATEMENT- RE:INTERIM ORDER ON BEDC
The attention of the National Council on Privatisation (NCP or Council) has been drawn to an Interim Order of the Federal High Court dated 8th July, 2022, in respect of a Suit between Vigeo Power Limited vs. Fidelity Bank Plc...
FG Committed to Optimal Performance in Power Supply- Okoh
The Bureau of Public Enterprises (BPE) considers it imperative to clear the air on the insinuations and statements emanating from some of the Electricity Distribution Companies (DISCOs) which were restructured following the collaterised shares of some of the DISCos. As...
RESTRUCTURING OF KANO, BENIN, KADUNA, IBADAN AND PORT HARCOURT DISCOs – JULY 5th, 2022
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...
16 Firms Pre-qualified For 5 NIPPs Privatisation…Okoh Says Power Sector remains Viable Investment
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...
NCP APPROVES FAST-TRACK OF WORK ON ZUNGERU POWER PLANT
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...
NELMCO GETS GOVERNING BOARD
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...
SERVICOM Propels BPE’s Service Delivery Initiative, Says Okoh
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...
BPE To collaborate with Benue State on Economic Reforms
Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has pledged the Bureau’s willingness to deploy its expertise and technical knowhow to assist the Benue State Government in its drive for privatisation, commercialisation, Public Private...
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...
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...
