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...

Fed Govt, Transcorp’s Afam Plant Deal To Add 966MW Generation         The Federal Government on Thursday signed a share sale and purchase agreement with Transcorp Power Consortium in relation to Afam Power Plc and Afam III Fast Power Ltd. The agreement, which is expected to lead to...

Fed Govt Signs N105bn Afam Power Sale Pact Today       The signing ceremony for the sale of Afam Power Plant for N105bn to the preferred bidder will be done by the Federal Government Thursday (today). It was gathered on Wednesday that the ceremony, which holds at the...