ALSCON: Court Frees Alex Okoh of Contempt Charges in BPE, BFIG Tango   Former Director-General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has been acquitted of contempt charges in a legal dispute between the agency and BFIG over the ownership and operation of...

Dangana Becomes New MD/CEO KEDCO   Power sector regulators, Nigerian Electricity Regulatory Commission (NERC) and Bureau of Public Enterprises (BPE) have approved the appointment of the Board of Kano Electricity Distribution Company Plc (KEDCO). The approval followed the Federal Government’s restructuring of 5 DisCos, as a result...

Reps Probe BPE, AMCON Over NACFA Privatisation   The House of Representatives’ Committee on Privatisation and Commercialisation has directed the Bureau of Public Enterprise to pay up an outstanding N189m to Jorotom International Agency Limited, the core investor that acquired the National Clearing and Forwarding Agency...

Senate Orders N300bn Refund From NPA, BPE, 57 Agencies     The Senate on Tuesday directed 59 Federal Government agencies to return over N300bn funds allegedly misappropriated by them to the federation account. It specifically ordered that all monies illegally spent by the affected agencies including the Nigerian...

FG Begins Commercialisation Of Federal Mortgage Bank       The Federal Government on Thursday announced that it had commenced the process for the full commercialisation of the Federal Mortgage Bank of Nigeria. Part of the process was the inauguration of the Joint Technical Committee for the commercialisation of...

$3trn Needed To Bridge Infrastructural Deficit In Nigeria - Osinbajo         Vice President Yemi Osinbajo says three trillion dollars is needed to bridge the infrastructural deficit in Nigeria over the next 30 years. He said that adopting new models of investments for infrastructural development in the country...