Budgeting Economy News Extra Latest News Planning & Economic Development Privatisation & Commerce Professionals & HR Devt.

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 […]

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

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 […]

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

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 […]

Budgeting Investments/Capital Market Latest News Planning & Economic Development Power/Electricity Privatisation & Commerce Revenue

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 […]

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

BPE Clarifies FG’s Concession Of Calabar, Kano FTZs

The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh has clarified why Federal Government decided to concession the Calabar and Kano Free Trade Zones (FTZs), saying that the initiative will catalyse businesses in the West African sub-region through strategic production of goods and services in order to optimize the vast potential […]

Economy News Extra Investments/Capital Market Latest News Privatisation & Commerce Solid Minerals

BPE Tasks Coal Blocks’ New Investor To Optimize Assets’ Potential

The Bureau of Public Enterprises (BPE) has charged Orbit Exploration and Natural Products Limited (OENPL), the new investor in Ogboyega North and South coal blocks, to justify the Federal Government’s  high expectations to  optimize  the coal blocks. The Director General of the Bureau, Mr. Alex Okoh, gave this charge when the asset title of  the […]

Economy News Extra Hospitality & Tourism Industry Latest News Manufacturing Privatisation & Commerce

BPE Issues Discharge Certificates To 3 Privatized Firms

The Bureau of Public Enterprises (BPE) has issued discharge certificates to three privatized enterprises which were earlier de-listed from monitoring activities by the Bureau. The companies are, Cement Company of Northern Nigeria (CCNN) located in Sokoto State; Federal Superphosphate Fertilizer (FSFC), Kaduna State and Ikoyi Hotels Ltd. (Southern Sun), Lagos State. Presenting the certificates to […]

Economy News Extra Infrastructure & Capital Projects Latest News Oil & Gas Power/Electricity Privatisation & Commerce

NNPCL Expresses Interest In Acquisition Of Power Plants

The Nigerian National Petroleum Company Limited (NNPCL) has expressed interest in the acquisition of the power plants put up for sale by the Federal Government through the Nigeria Integrated Power Plants (NIPPs). The company’s Managing Director, Mallam Mele Kyari, who disclosed this when he led top management team of the entity on a courtesy visit […]

Economy News Extra Latest News Oil & Gas Power/Electricity

NNPCL Expresses Interest In Acquisition Of Power Plants

The Nigerian National Petroleum Company Limited (NNPCL), has expressed interest to participate in the acquisition of the power plants put up for sale by the Federal Government through the Nigeria Integrated Power Plants (NIPPs). The company’s Managing Director, Mallam Mele Kyari, who disclosed this when he led top management team of the entity on a […]