Lawmakers To Petition Buhari As Emefiele, Kyari, Others Shun Summons     The House of Representatives has threatened to petition President Muhammadu Buhari over heads of ministries, departments, and agencies of the Federal Government who shun its summons. The House Committee on Public Accounts, at its investigative hearing...

FG Creates Three Subsidiaries Under NIPOST   The Federal Government is unbundling the Nigerian Postal Service into three subsidiary companies which will operate on the principle of commercial viability, the Bureau of Public Enterprises announced on Wednesday. The BPE’s Director-General, Alex Okoh, said the ongoing reform of...

Court Ordered BPE Boss Jailed For 30 Days For Contempt   The Federal High Court in Abuja on Tuesday jailed the Director-General of the Bureau of Public Enterprises, Alex Okoh, for contempt of court. Justice Anwuli Chikere ordered that Okoh be remanded in prison for at least...

Nigeria, Siemens Sign Power Deal To Generate 11,000MW By 2023 President Muhammadu Buhari on Monday witnessed the signing of Electricity Road Map agreement between the Federal Government of Nigeria and German-based Siemens at the State House, Abuja. The agreement is the outcome of a meeting Buhari...

BPE Commences Partial Commercialization of 4 River Basins The Bureau of Public Enterprises (BPE) has commenced the partial commercialization of Four (4) River Basins Development Authorities (RBDAs) in the country. Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh who disclosed this...

BPE Facilitates IPO for Skyway Aviation The Bureau of Public Enterprises (BPE) has facilitated the first Initial Public Offer (IPO) in four years with the public offering of Skyway Aviation Handling Company (SAHCO) Plc for the sale of 406,074,000 ordinary shares. The public offer opens on...