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 […]
The Senate Committee on Public Accounts has been quoted as saying that allegations of financial impropriety leveled against the Bureau of Public Enterprises (BPE) by the Office of the Auditor General of the Federation (OAuGF) is uncalled for and lacks substantiated evidence. The Committee, chaired by Senator Mathew Urhohide, reportedly cleared the Bureau of the […]
The Vice President and Chairman of the National Council on Privatisation (NCP), Prof. Yemi Osinbajo (SAN), has tasked members of the reconstituted NCP to tackle new transactions and reform activities of the Federal Government as well as resolve some of the thorny economic issues that are critical to the country’s accelerated economic development. Inaugurating the […]
Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh has promised the determination of the Bureau to ensure the smooth conclusion of the Health Sector Reform in the country. Okoh was quoted by the Bureau’s Head, Public Communications, Amina Tukur Othman, in a statement on Monday as making the pledge when the […]
Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has stressed the need for the Nigerian government to put in place a legal framework for Privatisation and Public Private Partnerships (PPPs) to enable government collaboration with the private sector to meet Nigeria’s public infrastructure demands and also ensure that the country maximizes the value potential […]
Director General of Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has restated the management’s commitment to ensuring that the agency continues 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. Speaking at a […]
President Muhammadu Buhari has again reiterated that some of the privatisation proceeds would be part of borrowings, totaling N5.01 trillion, to fund the deficit in the 2022 budget. The President, who reiterated the fiscal option while presenting the 2022 Appropriation Bill tagged ‘Budget of Economic Growth and Sustainability’ to the joint session of the National Assembly in […]
Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has promised the Bureau’s commitment to ensuring healthy competition among investors in public enterprises in the country and consumers’ rights protection at all times. Okoh, made this known when the Management team of the Federal Competition and Consumer Protection Commission (FCCPC), led by […]
The Minister of Water Resources, Engr. Suleiman Adamu, has said that ongoing partial commercialisation of the nation’s 12 River Basin Development Authorities (RBDAs) is aimed at attracting private sector investments for their revitalization and ensuring efficient service delivery by them. Adamu described the RBDAs asstrategic to the actualization of national food security, jobs and wealth […]
The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has reiterated the Bureau’s commitment to collaborate with relevant agencies to resuscitate moribund privatized enterprises. The Director General made the promise when he received the reports of the Federal Government’s four inter agency committees on the resuscitation of ailing/non- performing privatized public […]