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...

Fed Govt Hands Over N105.3bn Power Plant To Transcorp       The Federal Government on Thursday handed over the N105.3bn Afam Power Plant to Transcorp Power Consortium based on the approval of the National Council on Privatisation. The Director-General, Bureau of Public Enterprises, Alex Okoh, handed over the...

Ex-Aviation Workers Issue Two-week Ultimatum To BPE         About 1,000 ex-workers of the Nigerian Aviation Handling Company Plc have issued a two-week ultimatum to the Bureau of Public Enterprises over the continued delay in addressing issues affecting the payment of their N1.3bn severance package. Speaking at a...

We’re Not Part Of FG’s Plan To Sell National Assets, Says Senate         The Senate has said it was not carried along in the planned arrangement by the Federal Government, through its Bureau of Public Enterprises, to either sell or concession some national assets in order...

Fed Govt To Sell Geregu, 2 Plants For N434bn       The Federal government has said it will sell the Geregu, Omotosho and Calabar power plants for N434 billion to investors next year. This is contained in a document presented by Alex Okoh, the Director-General, Bureau of Public...