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...
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...
DG’s corner
‘The country has only recently emerged from a recession following the hugely disruptive impact of the COVID-19 pandemic. However, the resultant constraints in Nigeria’s fiscal space are still very much evident. Our debt stock is rising. On the other hand,...
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...
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...
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...
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...
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...
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...
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...
