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BPE To Provide Jigawa State Technical Support On Economic Reforms

The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has promised that the Bureau will provide technical support and knowhow to assist the Jigawa State Government to optimise its assets and identify key areas where Public Private Partnership (PPP) can make tangible impact on the state’s economy. The Director-General gave this […]

Budgeting Insurance & Pension Labour & Industiral Relations Matters Latest News Planning & Economic Development Power/Electricity Professionals & HR Devt. Revenue

BPE Announces New Dates For Ex-PHCN Employees’ Verification

The Bureau of Public Enterprises (BPE) on Tuesday announced a change in dates for the verification of ex-staff of the Power Holding Company of Nigeria (PHCN) and the certified Next-of-Kin (NOK) of the deceased ex-staff who were in service between July 1, 2012 and October 31, 2013, scheduled for Monday, May 15, 2023, to Saturday, September […]

Budgeting Budgets Labour & Industiral Relations Matters Latest News Planning & Economic Development Privatisation & Commerce Professionals & HR Devt. Revenue

BPE To Start PHCN Ex-Staff’s Verification For Severance Benefits

The Bureau of Public Enterprises (BPE) on Tuesday indicated its readiness to commence verification exercise for the payment of the agreed 16-month severance benefits to the bonafide ex-staff of the defunct Power Holding Company of Nigeria (PHCN), including certified Next-of-Kin (NOK) of the deceased ex-staff who were in service between 1st July 2012 and 31st October 2013. […]

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BPE Seals Pact On Re-Concession Of Lagos Trade Fair Complex

The Bureau of Public Enterprises (BPE) has signed a tripartite agreement to commence the re-concession of the Lagos International Trade Fair Complex (LITFC). A statement issued by the Bureau’s Head of Public Communications, Amina Tukur, indicated that the pact was signed with Portman Freight Services Limited and LITFC to lease a portion of the complex […]

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NCP Approves MESL As Zungeru Power Plant’s Preferred Bidder

….endorses merger of Egbin Power, KEPCO Plant The National Council on Privatisation (NCP) has approved Mainstream Energy Solutions Limited (MESL) as the preferred bidder for the concession of the Zungeru Hydroelectric Power plant (ZHPP) for a yearly fee of $70,000.251 over the next 30 years. The Council, which gave the approval at its 2nd meeting for […]

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Workplace Safety: BPE Prioritizes Fire Fighting Assets For Workers’ Protection

The Bureau of Public Enterprises (BPE) has demonstrated the priority it places on workers and various stakeholders’ safety in workplace with the acquisition and installation of modern firefighting equipment in its premises. Speaking on the initiative during the commissioning of the firefighting equipment and the unveiling of the Bureau’s Fire Warden Kits at the Bureau’s […]

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BPE Pre-Qualifies 3 Firms For Calabar, Kano FTZ Concession

The Bureau of Public Enterprises (BPE) has announced that three firms have been pre-qualified and issued the Request for Proposal (RFP) for the concession of the Calabar and Kano Free Trade Zones (FTZs) in the country. The Director General of the Bureau, Mr. Alex Okoh, who announced the qualification of the three companies at the […]

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N206.18Bn Privatisation Proceeds To Partly Fund 2023 Budget – BPE

Barely two hours after President Muhammadu Buhari presented the 2023 Appropriation Bill fiscal estimates to the joint session of the National Assembly on Friday, the Bureau of Public Enterprises (BPE) stated that the N206.18 billion generated through privatisation proceeds would be used to partly fund the deficit in the proposed budget. The President had while […]

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FG Not Planning To Sell Transmission Company Of Nigeria – BPE

The Bureau of Public Enterprises (BPE), late Sunday restated its earlier position that the Federal Government had no plans to sell the Transmission Company of Nigeria (TCN). The privatization agency made this clarification in a statement which came some few weeks after it hinted of plans to revive ailing government owned enterprises. Reacting to news […]

Budgeting Economy News Extra Latest News Planning & Economic Development Privatisation & Commerce

FG Inaugurates TWGs To Resuscitate Ailing Privatized Enterprises

The Federal Government has inaugurated four Technical Working Groups (TWGs) to review and implement a strategic roadmap for  the resuscitation of ailing privatized enterprises in the Automobile, Housing (Bricks and Clay), Mines and Steel and Oil Palm sectors  of the nation’s economy. Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, while […]