Nigeria’s Vice President, Prof. Yemi Osinbajo, has said that the President Buhari-led government is committed to mobilising the private sector to participate in the country’s economy for efficiency and sustainable growth. The Vice President ,who spoke at the webinar organised by the Bureau of Public Enterprises (BPE) in collaboration with the Nigerian Exchange Group (NGX) […]
The Federal Government has assured prospective power investors that the five National Integrated Power Plants (NIPPs) put up for sale will go on as planned in furtherance of its efforts to boost power supply nationwide The five NIPP plants planned for sale are Benin Generation Company Limited at Ihovba, Edo State, Calabar Generation Company Limited, […]
The Bureau of Public Enterprises (BPE) on Thursday stated that it had delisted Grand Central Hotel, Kano from its routine monitoring activities following the hospitality industry player’s fulfillment of all covenants stipulated in the Share Sale and Purchase Agreement (SSAP). The delisting ceremony, which was performed in the Bureau’s headquarters in Abuja on Wednesday, was […]
The Vice President and Chairman, National Council on Privatisation (NCP), Prof. Yemi Osinbajo has clarified that with the new Federal Government’s circular on the administration of Public-Private Partnership (PPP) projects in the country, the Bureau of Public Enterprises (BPE) shall be responsible for the concession of public enterprises and infrastructure already listed in the First […]
The Director General of the Bureau of Public Enterprises (BPE) Mr. Alex A. Okoh, on Sunday confirmed that the privatization agency had so far generated N135 billion out of the N220 billion set for it as revenue target for 2019 fiscal year. Okoh, who disclosed this during an interactive forum with the Senate Committee on […]
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 A. Okoh, has described the planned restructuring of the Bank of Agriculture (BOA) as imperative in order to improve its operating framework and governance structure with a view to enhancing its efficiency. Okoh, who made this remark at the maiden meeting for the […]
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, on Tuesday disclosed that the country saved $21 billion on food imports in the last three and half years. Ogbeh, who gave this hint when he hosted officials of the Bank of Agriculture (BOA) and Bureau of Public Enterprises (BPE) during a meeting in Abuja, […]
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has disclosed that farmers will hold 40 percent of total shares in the Bank of Agriculture (BoA) as soon as its ongoing commercialisation process is concluded by the Bureau of Public Enterprises (BPE). Ogbeh listed the shareholding structure of the bank to include the Central […]
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) […]