The Director General, Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has commended Transcorp Consortium for its commitment in implementing the Post Acquisition Plan for Transcorp Hilton Hotel. Okoh was quoted in a statement by the privatisation agency’s Head, Public Communications, Amina Tukur Othman, as giving the commendation at the Presidential Villa, Aso Rock, Abuja […]
The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has assured that proposed reforms in the health sector being canvassed by the agency would not involve divestiture of the Government from any health facility. Rather, he explained that the reforms would entail a re-positioning of the health sector to increase private […]
The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has said that the next phase of the Reform and Privatisation Programme of the Federal Government will focus on Public Private Partnerships (PPPs) in order to correct the rising infrastructure deficit in the country. Okoh made the remarks when he received a delegation […]
The legal counsel to BFI Group, Barr. Patrick Ikwueto, a Senior Advocate of Nigeria (SAN), has written to the Bureau of Public Enterprises (BPE) asking the privatization agency to immediately and unconditionally comply with the July 6, 2012 judgment of the Supreme Court on the ownership of the multi-million aluminium processing plant. Ikwueto formally communicated […]
The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, on Friday disclosed that the Federal Government had kicked off the process of partial commercialisation of four River Basin Development Authorities (RBDAs) in the country. The affected river basins are the Niger-Delta, Sokoto-Rima, Ogun-Osun and Upper Niger river basin development authorities. Okoh […]
Skyways Aviation Handling Company (SAHCO) Plc has unveiled plans for 406, 074, 000 shares in its Initial Public Offering (IPO) on the Nigeria Stock Exchange (NSE) scheduled for Monday, November 12, 2018. The investment decision followed the shareholders’ agreement to divest 49 percent equity to the public in line with the share purchase agreement (SPA) […]
The Bureau of Public Enterprises (BPE) has projected to rake into government coffers about N300 billion this year from its privatisation and commercialisation activities to support government’s implementation of the 2018 budget. The BPE Director-General, Dr Alex Okoh, disclosed this on Monday in Lagos at the Stakeholders Media Interactive Forum organised by the Enterprise and […]
The Bureau of Public Enterprises (BPE) on Sunday assured the public that the relevant agencies of government were conducting a periodic review of the performance of the DisCos under the management of the core investors. A statement by the privatization agency’s Director General, Alex Okoh, indicated that the exercise was being carried out with a […]
The Bureau of Private Enterprises (BPE) on Thursday hinted that 19 companies had indicated interest to acquire the Afam Power Company and the Yola Distribution Company (YDC) put up for sale by the Federal Government. The Bureau, in a statement issued by its Head, Public Communications, Amina Othman Tukur, disclosed that at the close of […]
The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, on Tuesday said that the sale of 21 percent shares of the Federal Government in the Nigerian Security Printing and Minting Company (NSPMC) Plc to the Central Bank of Nigeria (CBN) would rake in over N17 billion to the national treasury. Okoh was quoted in a […]