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) […]
The Bureau of Public Enterprises (BPE) has projected to rake into government coffers about N300 billion this year from its privatisation and commercialisation activities to support government’s implementation of the 2018 budget. The BPE Director-General, Dr Alex Okoh, disclosed this on Monday in Lagos at the Stakeholders Media Interactive Forum organised by the Enterprise and […]
The Bureau of Public Enterprises (BPE) has clarified that contrary to its earlier information that seven companies submitted bids for Afam Power Company,12 firms actually did. It also confirmed that seven indicated interest to buy the Yola Electricity Distribution Company (YEDC) at the close of the submission of bids for the Expression of Interest (EOIs) […]
The National Council of Privatisation (NCP) has granted approval to the Bureau for Public Enterprises (BPE) to commence the process of privatizing the Afam Power Generation Company Plc and the Yola Distribution Company. The government’s decision, aimed at improving the efficiency of the nation’s power sector, was confirmed in a statement issued by the Council […]
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 […]
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’ […]
The Bureau of Public Enterprises (BPE) has said that only 63 percent of the privatized 142 enterprises by it from inception are doing well.