The Federal Government on Tuesday sold its 21 percent equity in the Nigeria Security Printing and Minting Company (NSPMC), which translates to 12.4 billion, to the Central Bank of Nigeria (CBN) to enhance the operations and profitability. The Vice President, Prof. Yemi Osinbajo witnessed the signing of the instrument by the CBN Governor, Godwin Emefiele, and […]
Tag: BPE Director General – Alex Okoh
BPE Boss Rates Insurance Sector High, Tasks Insurers
The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has observed that the nation’s insurance sector has continued to enjoy steady growth with premiums increasing from N75 billion in 2005 to over N300 billion in 2015 . Okoh, who made the observation as a special guest at the investiture ceremony […]
NCP Approves Advisers For BPE Transactions
The National Council on Privatisation (NCP) has approved the appointment of Advisers for three transactions undertaken by the Bureau of Public Enterprises (BPE) for the current year as part of government’s reform strategy for privatized entities. The transactions are, the partial commercialisation of the River Basin Development Authorities (RBDAs), partial commercialisation of the National Parks […]
Only 63% Of Privatised Entities Doing Well – BPE Boss
The Director General of the Bureau for Public Enterprises (BPE), Mr .Alex Okoh, on Monday confirmed that only 63 percent of the privatised enterprises in the country is currently doing well while the others are under-performing in their economic roles. Okoh, who made this disclosure at the opening session of the Enterprise Stakeholders and Investors’ […]