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Tag: BPE

FG says operations Zungeru Hydroelectric Power Plant (ZHPP) have been transferred to a concessionaire, Penstock Ltd.

Business

Why we did Zungeru Hydroelectric Power Roadshow – BPE Boss

The essential objective of this roadshow is, therefore, to interact with potential investors, answer questions, and provide clarifications.
Buhari condoles with South Korean president as 151 die in Halloween stampede

News

N206.18bn privatisation proceeds to fund Nigeria’s 2023 budget deficit

The Bureau of Public Enterprises (BPE) is to fund the deficit in the 2023 Nigeria’s Budget with N206.18 billion through…
BPE explains why it has been unable to pay N1.8 billion severance packages to the ex-staff of the SAHCOL since 2018.

News

Okoh praises retiring BPE staff

The Director General of the Bureau of Public Enterprises (BPE), Mr Alex A. Okoh has enjoined exiting staff of the…
BPE explains why it has been unable to pay N1.8 billion severance packages to the ex-staff of the SAHCOL since 2018.

Business

BPE, foreign firm collaborate on investment opportunities in Nigeria

The Bureau of Public Enterprises (BPE) will collaborate with Jindal Steel and Power Group (a leading world player in Steel,…
BPE explains why it has been unable to pay N1.8 billion severance packages to the ex-staff of the SAHCOL since 2018.

Business

Publications from DISCOs’ core investors disingenuous – BPE

The Bureau of Public Enterprises (BPE) cleared the air on the insinuations and statements emanating from some of the Electricity…
KEDCO says it lost about 6,000 transformers to vandals in Jigawa, Kano, and Katsina states during the recent four-day nationwide blackout

Business, Top Stories

FG, Fidelity Bank, AMCON take over 5 DISCOs over debts

The NREC and BPE chiefs said the new boards for the affected discos have been approved and the bureau was…
AEDC says power supply to some communities in the FCT will be interrupted for two weeks starting from Monday, 6 January, 2024

Business

Battle over AEDC: BPE challenges court’s jurisdiction

BPE said the application was in view of the contents of the Share Sale Agreement dated Feb. 21, 2013, and…
CACOL

News

CACOL warns BPE over renewal of DISCOs licences 

The Centre for Anti-Corruption and Open Leadership (CACOL) has warned the the Bureau for Public Enterprises (BPE) against extending the…
BPE explains why it has been unable to pay N1.8 billion severance packages to the ex-staff of the SAHCOL since 2018.

News

BPE targets N300bn from privatisation activities – Okoh

The Bureau of Public Enterprises (BPE) says it will generate over N300 billion from its privatisation and commercialisation activities to…
BPE explains why it has been unable to pay N1.8 billion severance packages to the ex-staff of the SAHCOL since 2018.

News

Nigeria targets $1.3 bn from asset sales this year – BPE

The Bureau of Public Enterprises, BPE says it expects to raise N400 billion ($1.3 bln) from asset sales this year, part…

Business

BPE begins process of privatising Bank of Industry

Rasheed Olaoluwa, the Managing Director, Bank of Industry (BoI), on Saturday said the Bureau of Public Enterprises had opened bidding…

Opinion

Deregulation, BPE And The PIB

By Okachikwu Dibia Twenty three years after Nigeria’s independence was an era that witnessed huge capital investments by the Federal…

Business

Power privatisation yielding positive results – BPE

The Director-General, Bureau of Public Enterprises (BPE), Benjamin Dikki, said power privatisation in the country had started yielding results with…

Business

Gas scarcity hinders electricity supply – BPE

The Director-General of Bureau of Public Enterprises (BPE), Benjamin Dikki, said on Thursday that scarcity of gas supply was impeding…

Business

BPE Lauds IKEDC Over Transformation Process

The Director General of Bureau of Public Enterprises (BPE), Benjamin Dikki on Wednesday lauded Ikeja Electricity Distribution Company (IKEDC) over…

Opinion

Privatisation Of Refineries: Need To Follow Due Process

Since the idea of privatising the refineries in the country was mooted, it has been generating serious debates. Many are…

Business, Metro, News

NLC warns on plans to privatise Nigeria’s refineries, media

The Nigeria Labour Congress (NLC) on Sunday called for the cancellation of the proposed idea to commercialise Federal Government-owned media…

Business

$2billion spent to pay workers of defunct PHCN

Nigeria’s Federal Government on Tuesday said it had spent more than N360 billion on the payment of severance benefits to…

Business

Jonathan approves sale of Nigeria’s 4 refineries

Nigeria’s Bureau of Public Enterprise (BPE), on Friday in Abuja announced that President Goodluck Jonathan has approved the privatisation of…

Business

CBN backs power reform with N109bn

The Central Bank of Nigeria (CBN) says it has disbursed over N109 billion to 20 companies in support of the…

Books, Metro, News

El-Rufai’s book a collection of fiction, says Atiku

Former FCT Minister, Malam Nasir el-Rufai, has come under fire for writing alleged fiction for self-glorification at the expense of…

Business, Headlines, News

ALSCON: UC Rusal ignores Nigeria’s Supreme Court

The aluminium company of Russian oligarch Oleg Deripaska UC Rusal on Tuesday insisted it was still the owner of Nigeria’s…

Business

VON Automobiles To Launch Made-In-Nigeria Buses

The management of VON Automobiles Nigeria Limited, owners of rejuvenated VWoN (Volkswagen of Nigeria) assembly plant in Lagos has announced…
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