Articles
FG Inaugurates Inter-Agency Committee To Boost FRIN’S Services
As part of efforts to optimise the services of the Forestry Research Institute of Nigeria (FRIN), the Federal Government through the Bureau of Public Enterprises (BPE) has inaugurated an interagency committee between the two agencies for enhanced potentials of FRIN...
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...
RE: FG PLANS TO SELL ELECTRICITY TRANSMISSION COMPANY OF NIGERIA
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...
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...
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...
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...
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...
